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30/04/2015

NEP Buys Outside Broadcast And RecordLab

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NEP has acquired Outside Broadcast NV and RecordLab TV & Media GmbH.

The deal is expected to be complete today, 30 April 2015. The financial terms were not disclosed.

The transaction brings one of Europe's leading providers of solutions for outside broadcast, studio production, ENG, news crews and post production into NEP's worldwide network of brands.

NEP is a leading worldwide provider of outsourced solutions to the broadcast and live event industries, offering technical services for outside broadcast, studio production, video display, host broadcasting and post production.

"Outside Broadcast has a fantastic reputation in Europe. I am excited for Managing Director Timo Koch and his entire team to join the NEP worldwide network," said NEP's CEO, Kevin Rabbitt. "This deal will greatly expand NEP’s presence in Europe, including Germany – which we view as a very important market - and offer a great opportunity for us to work with Timo to continue to grow Outside Broadcast as part of NEP."

Outside Broadcast is one of Europe's leading providers of solutions for outside broadcast.

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