news

NEP ACQUIRES BROADCAST SOLUTIONS GROUP

Pittsburgh, PA

|

June 17, 2016

The transaction will bring Broadcast Solutions, headquartered in Singapore with offices in India, UAE and the UK, into NEP’s Worldwide Network.

NEP Group Inc. (‘NEP’) announced today that it has entered into a definitive agreement to acquire Broadcast Solutions Group (“Broadcast Solutions”), the global provider of outside broadcast flypacks and leading broadcast services partner in the Pan Asian region. Jones Day represented NEP as lead M&A counsel, and financial terms were not disclosed. The transaction will bring Broadcast Solutions, headquartered in Singapore with offices in India, UAE and the UK, into NEP’s Worldwide Network. Following this acquisition, NEP will have offices in 16 countries, as well as the ability to support productions across every continent. 

Broadcast Solutions has been providing broadcast services for 16 years, covering broadcast projects for a range of high profile clients and events across a wide variety of sports including, cricket, golf, field hockey, football, tennis and kabaddi. Following the acquisition, Broadcast Solutions will operate as NEP Broadcast Solutions under the leadership of Saeed Izadi and will continue to be headquartered out of Singapore. The acquisition of Broadcast Solutions will make NEP a leading worldwide provider of outside broadcast flypacks. “Broadcast Solutions has an exceptional reputation for service in the Asian and Indian markets, regions that remain key strategic priorities for NEP. This acquisition puts us in the leading position in these markets and enriches our global depth of resources, ensuring we have the best facilities and a highly experienced staff that can cover any project, anywhere in the world. The entire Broadcast Solutions team shares our commitment to superior client service and innovation, and I am very pleased to welcome Saeed Izadi and his team into the NEP Worldwide Network as we continue to expand our international broadcast services business.” said Kevin Rabbitt, CEO, NEP Group. 

“Becoming a part of the NEP Worldwide Network marks a milestone in our growth. I couldn’t ask for a more closely aligned partner than NEP to bring immediate and significant value to our worldwide clients”, said Saeed Izadi, CEO and founder, Broadcast Solutions Group. “I am confident that this transaction will add a great deal of flexibility to our operations and will provide our staff with enriching collaborative opportunities. We are excited to expand our service excellence to a wider reach with the increased support of a worldwide network and a broader pool of resources.”

About Broadcast Solutions GroupBroadcast Solutions Group (BSG) is a market leader in broadcasting live, multi-venue, and pre-recorded events. BSG has built an outstanding industry reputation through the years of service, deploying state of the art technologies in outside broadcast and providing expertise in coverage of large-scale events. Today, BSG has a presence in Europe, Middle East, South Asia, and Indian sub-continent serving clients ranging from major television networks to world sports organizations with highest standards in broadcast quality. BSG is constantly in search for creative and innovative solutions to remain a preferred choice in outside broadcast industry.

About NEP

For over 30 years, NEP has been a worldwide outsourced technical production partner supporting premier content producers of live sports, entertainment, music and corporate events. Our services include remote production, studio production, audio visual solutions, host broadcast support, premium playout, post production and innovative software-based media management solutions. NEP’s 3,000+ employees are driven by a passion for superior service and a focus on technical innovation. Together, we have supported productions in over 85 countries on all seven continents.

NEP is headquartered in the United States and has offices in 24 countries.

Contact

press@nepgroup.com

Recent News

The Carlyle Group to Acquire Crestview’s Outstanding Interest in NEP Group

PITTSBURGH

|

August 28, 2018

NEP Group, Inc., Crestview Partners and The Carlyle Group (NASDAQ: CG) announced today that Carlyle Global Partners, Carlyle’s long-duration private equity fund, has agreed to acquire Crestview’s remaining shareholding in NEP. Carlyle initially invested in NEP alongside Crestview and Management in June 2016 and, following this transaction, will hold a majority interest in NEP. Carlyle will continue to support management's strategy of building a diversified worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment.

NEP Group’s Mediatec Solutions Acquires All Live Event Assets From FilmGEAR ApS

PITTSBURGH, UNITED STATES AND KUNGÄLV, SWEDEN

|

August 6, 2018

NEP Group Inc ('NEP') announced today via its subsidiary Mediatec Denmark ApS that they have entered into an agreement with FilmGEAR ApS to acquire all assets and hire the employees associated with FilmGEAR's business Showcare. Showcare is a live events services brand providing turn key solutions for audio, lighting and display. The assets and employees will become part of Mediatec Denmark ApS.

NEP Announces a Commercial Agreement with Top Tech Services for Four New OB Vans

Rome, Itlay

|

August 2, 2018

NEP Italy announced today that they have made an agreement with Top Tech Services, a Rome-based provider of outside broadcast solutions, for four additional OB vans. This agreement follows NEP’s opening of an office in Italy, their acquisition of Telerecord in June and signals their commitment to make more resources available in the Italian market.

How NEP Leveraged Unreal Engine to Deliver Standout Live Broadcast Events For the Winter Olympics, Formula 1

Hilversum, Netherlands

|

August 2, 2018

NEP helps its clients develop and deliver standout live broadcast events. With combined creative and IT expertise, the company delivers services that transform the way global video entertainment is created, managed and distributed. Over the past two years, NEP has built a dedicated Unreal Engine team to service growing client demands for real-time graphics in broadcast scenarios. We spoke with NEP Senior Unreal Engineer Roel Bartstra to get a closer look at their work.