As the world’s leading business-to-business (“B2B”) live events company based on annual revenue and number of events serviced, Encore fulfills a purpose to connect and inspire people through the transformative power of events. We believe authentic, in-person engagement is more important than ever in today’s rapidly digitizing world. Our mission is to be an invaluable partner on our customers’ journeys, combining the power of our technical team members, innovative production services, and differentiated global footprint to create impactful events.

Our Business Overview

Company Description

Encore is the global leader in B2B live event production based on annual revenue and number of events serviced. We sit at the intersection of in-person experiences, the need for technology to create immersive experiences, and the importance of the venues where these events take place. We are active in 23 countries and serve under a preferred contract designation for on-site event production services across approximately 2,200 venues globally as of December 31, 2025. Our more than 13,000 talented team members operate as an embedded partner throughout the hospitality and corporate events ecosystem. Our platform combines scale, technical depth, and operational integration, which has allowed us to deliver more than 400,000 events annually over each of the last four years to a diverse customer base. In the year ended December 31, 2025, our customer base included approximately 95% (95 percent) of Fortune 500 companies and we served approximately 100,000 customers globally.

In-person engagement remains a powerful medium for building trust, launching products, connecting with peers, and fostering authentic collaboration. As live events continue to grow in strategic importance, organizations are increasingly relying on professional production partners to deliver immersive, technology-enabled experiences. Our capabilities span the entire event lifecycle, encompassing strategic planning, creative direction, on-site execution, and post-event analytics. We believe our ability to deliver these services at scale, with consistency and quality, positions us as the partner of choice for our customers holding events and the venue partners hosting them, further distinguishing us from our competitors. We offer robust production services like show production, project management, content development, and talent management, including the delivery of event technology such as audiovisual (“AV”) systems, lighting, rigging, power distribution, internet services, light-emitting diode (“LED”) screens, immersive tech, and live streaming.

Our competitive advantage is rooted in our operating model. Our more than 13,000 team members, including over 3,500 with technical lead certifications as of December 31, 2025, represent one of the industry’s largest collections of event production talent. These teams live, work, and deliver events in many of the world’s most important meeting and event geographies. We support events in these locations’ unique event venues including our contracted venue footprint spanning approximately 2,200 hotels, convention centers, corporate campuses, stadiums, arenas, and other non-hotel venues in 23 countries across North America, Europe, the Middle East, Australia, and Asia as of December 31, 2025. Our centralized infrastructure and asset-light model enable scalable delivery and operational flexibility, while our variable cost structure (which accounted for approximately 75% of our operating expenses for the year ended December 31, 2025), including revenue-based commissions, direct labor costs, costs of equipment subrentals and other customer-facing operating costs and expenses, supports resilience through industry seasonality. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Principal Components of our Results of Operations” for a description of these variable operating expenses. We also have visibility into our U.S. revenue, with approximately 95% of revenue for the year ended December 31, 2025 generated from customer events which were executed in event venues with whom we have multi-year contracts, including long-term master service agreements (“MSAs”), and individual venue contracts. These relationships, many of which span over a decade, provide stable economics and seek to enable consistent growth. In addition, our customer-direct model continues to expand, deepening relationships with customers and unlocking new revenue streams outside of our venue network. Our goal: To combine the industry’s largest technical workforce and largest event venue footprint to deliver exceptional value to our customers and venue partners, alike.

Note: Net loss and revenue are for the 12 months that ended Dec. 31, 2025.

(Note: Encore filed its S-1 on April 10, 2026, for it IPO, without disclosing the terms. Estimated proceeds are $100 million, a placeholder figure.)