M&A Deal Summary

NEP Group Acquires Broadcast Sports International

On December 7, 2018, NEP Group acquired technology hardware company Broadcast Sports International from Slate Capital Group

Acquisition Highlights
  • This is NEP Group’s 1st transaction in the Technology Hardware sector.
  • This is NEP Group’s 7th transaction in the United States.
  • This is NEP Group’s 1st transaction in Maryland.

M&A Deal Summary

Date 2018-12-07
Target Broadcast Sports International
Sector Technology Hardware
Buyer(s) NEP Group
Sellers(s) Slate Capital Group
Deal Type Add-on Acquisition

Target

Broadcast Sports International

Hanover, Maryland, United States
Broadcast Sports International LLC is a provider of wireless (RF) technology and communications systems services for use in the field of sports television broadcasting. Broadcast Sports International was founded in 1979 and is based in Hanover, Maryland.

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Buyer(S) 1

Buyer

NEP Group

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1986
Sector Media
Employees1,512
DESCRIPTION

NEP Group, Inc. is a provider of outsourced broadcasting services vital to the delivery of live sports and entertainment events. NEP serves premiere broadcast networks and production companies with state-of-the-art facilities, engineering expertise and technical management to support telecasts of major events and programs.


DEAL STATS #
Overall 18 of 24
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 15 of 21
State (Maryland) 1 of 1
Country (United States) 7 of 11
Year (2018) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 Telerecord Srl

Signa FI, Italy

Telerecord Srl is an Italy-based provider of outside broadcast solutions for the sports industry. Today Telerecord is one of the most important companies on the market, for filming and post-television production.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-25 HDR Sweden AB

Stockholm, Sweden

HDR Sweden AB is a full-service production partner who supports clients in the live sports, entertainment and broadcast markets in Sweden, Norway, Denmark, and Finland.

Buy -

Seller(S) 1

SELLER

Slate Capital Group

Baltimore, Maryland, United States

Investor Investor Investor


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Slate Capital Group is a private equity firm focused on acquiring controlling interests in small to mid-sized companies with $3 to $15 million of EBITDA. The Firm prefers companies headquartered in the Eastern half of the US and targets businesses operating in the business services, distribution, light manufacturing, and food & beverage sectors. Prospective companies typically exhibit recurring revenue, sustainable margins, identifiable growth opportunities, and significant barriers to entry. Slate Capital Group was formed in 2004 and is based in Baltimore, Maryland.


DEAL STATS #
Overall 4 of 6
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (Maryland) 2 of 2
Country (United States) 4 of 6
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 WDS

Fairbury, Illinois, United States

WDS is an industrial distribution and supply chain management company. White Distribution & Supply, WDS is a provider of wide variety of adhesives and sealants including epoxies, acrylics, urethanes, and silicones and technical expertise. WDS was founded in 1984 and is based in Fairbury, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-24 Managed Labor Solutions

Allentown, Pennsylvania, United States

Horizon Facilities Services is a provider of outsourced services to the rental car industry under the Managed Labor Solutions brand. Horizon provides commercial janitorial services under the Professional Maintenance Co. banner. Horizon Facilities Services was founded in 1971 and is based in Allentown, Pennsylvania.

Buy -