Blackstone to Acquire PSAV
06.20.18
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The Firm is representing Blackstone in connection with a definitive agreement under which private equity and real estate funds affiliated with Blackstone will acquire PSAV from affiliates of Goldman Sachs and Olympus Partners. Terms of the transaction were not disclosed.
PSAV is a leading provider of audiovisual and event technology services in North America.
The Simpson Thacher team includes Elizabeth Cooper, Shaun Levor, Michael Chao, Katherine Smith, Steven LoCascio and Matthew Freeze (M&A); Brian Gluck and Dennis Durkin (Credit); Greg Grogan and Jake Phillips (ECEB); Gary Mandel, Morgan Otway and Dmitry Zelik (Tax); Lori Lesser and Alysha Sekhon (IP); Krista McManus (Real Estate); and Peter Guryan and Ellen Frye (Antitrust). Summer Associate Jule Walsh also provided valuable assistance.