M&A Deal Summary

NEP Group Acquires Mediatech

On March 26, 2015, NEP Group acquired medical products company Mediatech from Corning

Acquisition Highlights
  • This is NEP Group’s 1st transaction in the Medical Products sector.
  • This is NEP Group’s 4th transaction in the United States.
  • This is NEP Group’s 1st transaction in Virginia.

M&A Deal Summary
Date 2015-03-26
Target Mediatech
Sector Medical Products
Buyer(s) NEP Group
Sellers(s) Corning
Deal Type Divestiture

Target

Mediatech

Manassas, Virginia, United States
Mediatech, Inc. is a provider of specialized and custom biological media products including cell-culture media, molecular biology reagents, basal-salt-solutions, antibiotics, and sera, to the life sciences industry.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 7 of 24
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 3
State (Virginia) 1 of 1
Country (United States) 4 of 11
Year (2015) 2 of 6
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-29 Outside Broadcast NV

Rotselaar, Belgium

Outside Broadcast NV is a technical service provider for the broadcast industry. Outside Broadcast was founded in 1989 and is based in Rotselaar, Belgium.

Buy -

Seller(S) 1

SELLER

Corning

Corning, New York, United States
Category Company
Founded 1851
Sector Manufacturing
Employees49,800
Revenue 12.6B USD (2023)
DESCRIPTION

Corning is a manufacturer of specialty glass and ceramics. The Company creates and makes keystone components that enable systems for consumer electronics, mobile emissions control, optical communications, and life sciences. Corning was founded in 1851 and is based in Corning, New York.

DEAL STATS #
Overall 5 of 7
Sector (Medical Products) 1 of 1
Type (Divestiture) 4 of 6
State (Virginia) 1 of 1
Country (United States) 4 of 5
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-15 TR Manufacturing

Fremont, California, United States

TR Manufacturing, Inc. is a provider of fiber-optic and copper cable/component interconnects and electro-mechanical assemblies to OEMs (original equipment manufacturers) in a wide range of technology industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-02 iBwave Solutions

Montreal, Quebec, Canada

iBwave is a provider of design software for in-building wireless solutions for a wide range of customers and system integrators. Its software and professional services are used by more than 600 global leading telecom operators, system integrators, and equipment manufacturers in more than 80 countries worldwide.

Buy -
Mergr

Product

Company

Legal