PSAV postpones IPO

PSAV Inc. has postponed its initial public offering as a result of unfavorable equity market conditions.

The global provider of event technology said it will continue to evaluate the timing for the proposed offering as market conditions develop.

PSAV conducts more than 1.5 million meetings annually, and customers include event organizers, corporations, trade

associations and meeting planners. PSAV has more than 8,200 employees across over 1,400 luxury and upper upscale hotels, resorts and convention centers in 13 countries.