NEP Group to buy Broadcast Solutions Group

NEP Group, which owns NEP Australia, is set to buy Broadcast Solutions Group.

The announcement:

NEP Group Inc. (‘NEP’) announced today that it has entered into a definitive agreement to acquire Broadcast Solutions Group (“Broadcast Solutions”), the global provider of outside broadcast flypacks and leading broadcast services partner in the Pan Asian region. Jones Day represented NEP as lead M&A counsel, and financial terms were not disclosed. The transaction will bring Broadcast Solutions, headquartered in Singapore with offices in India, UAE and the UK, into NEP’s Worldwide Network. Following this acquisition, NEP will have offices in 16 countries, as well as the ability to support productions across every continent.

Broadcast Solutions has been providing broadcast services for 16 years, covering broadcast projects for a range of high profile clients and events across a wide variety of sports including, cricket, golf, field hockey, football, tennis and kabaddi.  Following the acquisition, Broadcast Solutions will operate as NEP Broadcast Solutions under the leadership of Saeed Izadi and will continue to be headquartered out of Singapore. The acquisition of Broadcast Solutions will make NEP a leading worldwide provider of outside broadcast flypacks.