Endeavor — the parent company of the UFC — is going public but plans for an initial public offering (IPO) will be pushed back until at least September if not later.
According to a new report from Deadline, Endeavor has opted to push back plans for the IPO until after acquiring another company to add to their portfolio.
Endeavor is looking to add On Location, a live events and hospitality company, to its growing list of businesses before officially launching the IPO later this year. The move will further diversify Endeavor’s holdings, which in turn should make the IPO more enticing to potential investors.