M&A Deal Summary

NEP Group Acquires Vitec Broadcast Services

On August 2, 2017, NEP Group acquired media company Vitec Broadcast Services from The Vitec Group for 27M GBP

Acquisition Highlights
  • This is NEP Group’s 11th transaction in the Media sector.
  • This is NEP Group’s 0th largest (disclosed) transaction.
  • This is NEP Group’s 6th transaction in the United States.
  • This is NEP Group’s 4th transaction in California.

M&A Deal Summary
Date 2017-08-02
Target Vitec Broadcast Services
Sector Media
Buyer(s) NEP Group
Sellers(s) The Vitec Group
Deal Type Divestiture
Deal Value 27M GBP

Target

Vitec Broadcast Services

Burbank, California, United States
Bexel is a premium outsourced broadcast services and rental equipment focused on the US sports, entertainment and live event production markets.

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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 15 of 24
Sector (Media) 11 of 19
Type (Divestiture) 3 of 3
State (California) 4 of 6
Country (United States) 6 of 11
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-02 Bexel Global Broadcast Solutions

Burbank, California, United States

Bexel Global Broadcast Solutions is a broadcast equipment rental company that offers cameras, monitors, recorders, terminals and video servers. Bexel Global Broadcast Solutions was established in 1981 and is based in Burbank, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-17 NZ Live

Auckland, New Zealand

NZ Live Ltd. is an independent playout, outside broadcast and studio provider. The company operates four television studios and two outside broadcast mobile units.

Buy -

Seller(S) 1

SELLER

The Vitec Group

Richmond, United Kingdom
Category Company
Founded 1909
Sector Technology Hardware
Employees1,800
Revenue 291M GBP (2020)
DESCRIPTION

The Vitec Group is a provider of products and services for the broadcast and video; photographic; and military, aerospace, and government (MAG) markets worldwide. The Vitec Group was founded in 1909 and is based in Richmond, the United Kingdom.

DEAL STATS #
Overall 3 of 3
Sector (Media) 1 of 1
Type (Divestiture) 3 of 3
State (California) 2 of 2
Country (United States) 3 of 3
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-02 Bexel Global Broadcast Solutions

Burbank, California, United States

Bexel Global Broadcast Solutions is a broadcast equipment rental company that offers cameras, monitors, recorders, terminals and video servers. Bexel Global Broadcast Solutions was established in 1981 and is based in Burbank, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-20 RT Motion Systems

Stroud, United Kingdom

RT Motion Systems Ltd. is a provider of wireless motor lens control systems for broadcast, cine and video cameras. Pioneering the use of brushless motors and advanced, long-range wireless technology, RTMotion continues to invest heavily in R&D, working closely with its worldwide network of partners, rental houses and customer base of world class cinematographers and camera departments.

Buy £3M
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