NEP Finalizes Acquisition of Global Television
January 24, 2014
PITTSBURGH— NEP announced that the company has closed on its acquisition of Australia’s Global Television from Catalyst Investment Managers. The completion of this transaction officially brings Global Television into NEP’s worldwide operations, uniting two of the world's most experienced and successful television technical services companies.
NEP is one of the largest broadcast and live event service companies in the world, with operations across the United States, United Kingdom, and Brazil and supporting thousands of events annually around the world. Global Television, Australia’s largest provider of independent TV studios and OB services, is internationally recognized for its technical expertise in host broadcasting, and its partnerships with broadcasters and production companies have resulted in several major contracts including the 2014 Glasgow Commonwealth Games and the 2014 G20 Summit in Brisbane.
With the acquisition, NEP adds Global Television’s top-tier fleet of outside broadcast and studio facilities to its worldwide pool of resources — raising NEP’s total facilities to more than 70 high-definition units; several HD flypacks; studios in Los Angeles, New York, London, Cardiff, Sydney, and Melbourne; thousands of plasma, LED, and projection video display solutions; and a large team of industry-leading engineering and technical experts.
Global Television will remain an independent entity based in Australia, operating under NEP management, led by Global CEO Keith Andrews and his executive team.