American Securities Capital Partners lands majority stake in NEP
NEP Broadcasting, the leading international provider of outsourced teleproduction services critical to the delivery of live sports and entertainment events, announced that American Securities Capital Partners, LLC will acquire a majority equity interest in the company from Apax Partners, LP and Spectrum Equity Investors.
The new investment capital will enable the company to expand its domestic and international market leadership with strategic acquisitions and continue the company’s aggressive investment program in high definition technology. NEP’s executive management team continues to lead the company and is investing in partnership with American Securities.
NEP Broadcasting’s four divisions are ranked first in each of their respective industry segments. NEP Supershooters and its Denali unit is the industry gold standard with the largest, most technically advanced fleet of mobile production facilities supported by world class broadcast engineers.
In the United Kingdom, NEP Visions and Roll To Record are the leaders in sports and entertainment mobile broadcasting and reality television facilities respectively. NEP Screenworks is the foremost provider of modular LED screens and mobile screen trucks for live entertainment and sports events. NEP Studios is the #1 provider of independent television production studios and services in New York City.