Encore, backed by Blackstone, reveals increase in revenue in its IPO filing

The event management company Encore, supported by Blackstone, has revealed a higher annual revenue in its documentation for a U.S. stock market debut on Friday.

The Schiller Park, Illinois-based company reported a net loss of $27.2 million on revenue of $3.4 billion for the fiscal year ended December 31, compared to a net loss of $176.1 million on revenue of $3.2 billion a year earlier.

The U.S. IPO market remained accessible despite the ongoing conflict in the Middle East, with some issuers weathering recent volatility to proceed with their listings.

Encore is a live event services company that provides event technology and production, as well as support for exhibitions and trade shows for business meetings, conferences, and other corporate gatherings.

The company projects that the total event production services market will grow by 6 to 8% annually until 2030.

Corporate events held in hotels are Encore’s largest business segment, generating around 95% of its U.S. revenue from multi-year contracts at approximately 2,200 venues worldwide.

In 2025, Encore acquired Eclipse, a UK-based event production company, and FIRST, a global provider of integrated event solutions for corporate campuses, to expand its internal capabilities.

Proceeds from this offering will be used to repay debt and for the company’s general needs.

BofA Securities, Goldman Sachs, Morgan Stanley, Evercore, J.P. Morgan, Jefferies, RBC Capital Markets, and UBS Investment Bank are among the offer’s underwriters.

Encore will list its shares on the New York Stock Exchange under the symbol “ECR”.