news

NEP CLOSES ON ACQUISITION OF CMI

Pittsburgh and Hilversum

|

August 31, 2015

NEP Group Inc. (‘NEP’) announced that it has closed on its acquisition of Consolidated Media Industries (‘CMI’).

NEP Group Inc. (‘NEP’) announced that it has closed on its acquisition of Consolidated Media Industries (‘CMI’). The completion of this transaction officially brings the CMI companies, including the DutchView and Infostrada Creative Technology businesses into NEP’s Worldwide Network, expanding the company’s reach in Northern Europe. 

NEP is the global industry-leading provider of outsourced solutions for the broadcast and live event industries. They provide technology and engineering expertise for remote production, studio production, host broadcasting, post-production and video display with operations across the Americas, Europe and Australia. 

With the acquisition of CMI, NEP greatly expands their existing remote production, studio production and post-production solutions, and adds an innovative content management, distribution and Video-on-Demand solution to their worldwide network. The addition of CMI raises NEP’s total facilities and support network to include over 120 high-definition (HD) mobile units; HD flypacks, satellite uplink trucks; smaller camera systems and other audio visual packages; specialty and wireless cameras; post-production facilities in Dublin, Oslo, Helsinki, Zurich, Munich, Leuven (Rotselaar) and Hilversum; content management and archive facilities in Hilversum; studio facilities in Los Angeles, New York, Connecticut, London, Sydney, Melbourne, Oslo, Helsinki, Brussels (Londerzeel), Amsterdam and Hilversum; thousands of plasma, LED, and projection video display solutions; a fleet of mobile LED trucks across North America and Europe; as well as an industry-leading team of engineers and technical experts.

“We are thrilled to add DutchView and Infostrada Creative Technology to the NEP Worldwide Network,” says NEP CEO Kevin Rabbitt. “They are industry leaders with a reputation for excellence throughout Europe, and I am excited to work with them to continue to expand their business. They have created truly innovative solutions for content management and Video-on-Demand services which will provide exciting opportunities as our industry continues to change.”

The CMI brands, DutchView and Infostrada Creative Technology, will continue to operate independently under their current management teams based in Hilversum in the Netherlands. 

“We are proud that CMI has become part of the NEP Worldwide Network,” said Michiel van Duijvendijk, CMI CEO. “NEP and CMI hold the same core values and dedicated focus on providing superior service to our clients. Additionally, as part of the NEP Worldwide Network, we know we will have the opportunity to achieve all our international growth plans, and continue to innovate and transform the way video is created, managed and distributed in Europe. Being part of NEP offers a lot of benefits for our business, and brings us the scale that has become growingly critical to cope with the rapid changes in our industry.” 

Stella Capital Advisors provided investment banking advisory services to NEP, with Jones Day serving as NEP’s legal advisors. Macquarie Capital acted as sole financial advisor to CMI, with Allen & Overy as CMI’s legal advisors. Financial terms were not disclosed.

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.

Recent News

NEP UK UNVEILS SMPTE ST 2110 COMPLIANT IP-BASED BROADCAST VEHICLES

Bracknell, UK

|

May 9, 2018

NEP UK has unveiled Venus and Ceres, the latest outside broadcast vehicles in its fleet to be SMPTE ST2110 compliant, joining NEP’s worldwide family of IP-based vehicles in Australia and the US. The vehicles will be used at major events, sports fixtures and other large scale productions.

Leading Outsourced Production Partner NEP Opens Office in Italy

Rome, Italy

|

May 2, 2018

NEP Europe announced the opening of its NEP Italy office, further strengthening its reach and presence as one of the key players in the Southern Europe broadcast market. NEP Italy will focus on providing outsourced technical production support for a variety of sporting and live events in Italy.

NEP Australia and Telstra Deliver World’s First Trans-Pacific Remote Production

Sydney, NSW Australia

|

April 27, 2018

NEP Australia, the country’s leading provider of outside broadcast and studio solutions and a division of NEP Group, and Telstra Broadcast Services, a leading global broadcast services business, have achieved a milestone in broadcast television, delivering the world’s first remote production across the Pacific.

NEP Group Acquires NZ Live

Sydney, Austalia

|

April 17, 2018

NEP Group, the worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment, announced today its acquisition of New Zealand’s NZ Live, an Auckland-based, independent playout, outside broadcast and studio provider. The acquisition provides NEP entry into the New Zealand broadcasting market and strengthens its position as an industry leader in broadcast services, live events and media solutions.