NEP to acquire Mediatec
DetailsMichelle Clancy | 27 March 2015
NEP Group is to acquire Mediatec Group, one of Europe's largest providers of integrated technical solutions for event and television productions.
NEP provides outsourced solutions to the broadcast and live-event industries, offering technical services for outside broadcast, studio production, video display, host broadcasting and post production.
Headquartered in the United States, NEP has offices in the UK, Ireland, the Netherlands, Dubai and Australia. The acquisition of Mediatec will expand its reach across Europe, and add greatly to their worldwide pool of resources.
"Mediatec is truly a leader in the broadcast and live events industries in Europe, and we are excited to have their entire team join NEP," said NEP CEO Kevin Rabbitt. "We see fantastic opportunity for growth in Europe."
The financial terms of the deal were not disclosed.