NEP to Acquire Mediatec Group – Uniting Two Leading Service Providers in the Broadcast and Live Events Industries
PITTSBURGH, UNITED STATES and KUNGÄLV, SWEDEN (March 26, 2015) — NEP Group Inc. (‘NEP’) announced today that it has entered into a definitive agreement to acquire Mediatec Group (“Mediatec”) from the current owners. Financial terms were not disclosed. This transaction will bring one of Europe’s largest outside broadcast and video display solutions providers into NEP’s growing worldwide network of brands.NEP is a leading worldwide provider of outsourced solutions to the broadcast and live event industries, offering technical services for outside broadcast, studio production, video display,