M&A Deal Summary

NEP Group Acquires Faber Audiovisuals

On December 22, 2014, NEP Group acquired electrical equipment company Faber Audiovisuals

Acquisition Highlights
  • This is NEP Group’s 1st transaction in the Electrical Equipment sector.
  • This is NEP Group’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2014-12-22
Target Faber Audiovisuals
Sector Electrical Equipment
Buyer(s) NEP Group
Deal Type Add-on Acquisition

Target

Faber Audiovisuals

Annaparochie, Netherlands
Faber is a european company providing solutions for complete audiovisual productions. They serve clients in the sport, music and corporate markets supporting productions of all sizes. Recently, Faber took over the rental division of Mitsubishi Electric Europe in the UK and opened outlets in Dubai and the United States, greatly expanding their reach around the globe.

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Buyer(S) 1

Buyer

NEP Group

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1986
Sector Media
Employees1,512
DESCRIPTION

NEP is a media services partner for live sports and entertainment that offers a network of experts, cutting-edge technology, and an expansive portfolio of customer-driven, innovative solutions. Through operations in 25 countries, its teams have supported thousands of major productions and events on every continent with excellence and reliability. NEP was formed in 1986 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 5 of 25
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 22
Country: Netherlands M&A 1 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-18 Global Television

Sydney, Australia

Global Television is a provider of equipment and services to the Australian television production and broadcasting industry, with a particular emphasis on Outdoor Broadcast (“OB”) events. GTV is the largest operation of its kind in the Asia Pacific with eight studios, an engineering facility, and training facilities in-house. GTV provides studios, OB vans, other equipment, and technical expertise to facilitate the production of television content. Global Television was founded in 1929 and is based in Sydney, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 The Screen Scene Group

Ireland

The Screen Scene Group is comprised of Screen Scene Post Production Facilities, Observe an Outside Broadcasting Company based in Dublin, OBSTV an Outside Broadcasting Company based in London and Digital Space a Satellite uplink company based in Dublin.

Buy -