Blackstone to buy PSAV
Blackstone said June 19 that it agreed to buy PSAV. Financial terms weren’t announced. Goldman Sachs and Olympus Partners were the sellers. PSAV, of Shiller Park, Illinois, is an event technology and audiovisual company. Goldman Sachs and Morgan Stanley provided financial advice to PSAV, while Weil, Gotshal & Manges LLP acted as legal counsel to PSAV. JP Morgan served as an adviser to management. Simpson Thacher & Bartlett LLP was legal counsel to Blackstone. AGM Partners, Barclays, Credit Suisse, and Moelis & Co provided financial advice to Blackstone.
20 June 2018•5 mins read
