sold to NEP Group
Mediatec: One of Europe´s largest outside broadcast and video display solutions providers
"NEP has a reputation for excellence around the globe, and we are excited to become part of their worldwide network. We know that this will provide a fantastic opportunity to work within NEP to continue to grow Mediatec's presence throughout Europe and develop smart solutions for our clients."
Paul Henriksen, CEO of Mediatec Broadcast
A leading European provider of integrated technical solutions for event and television productions
Founded in 2007, Mediatec has grown to become one of the largest companies offering cutting edge solutions for the corporate, entertainment and sports industries in Europe and worldwide.
Headquartered in Sweden, the Company has additional offices in Norway, Denmark, Finland, Germany, Switzerland and the United Kingdom.
Mediatec offers solutions for outside broadcast, studio production and video display, including Northern Europe's largest fleet of new outside broadcasting trucks, the world's largest fleet of LED trucks, as well as studios and control rooms, post-production capabilities, wireless and specialty cameras and flypacks.
Expanding NEP’s reach across Europe
Headquartered in the United States, NEP is a leading worldwide provider of outsourced solutions to the broadcast and live event industries owned by Crestview Partners.
The transaction will bring one of Europe's largest outside broadcast and video display solutions providers into NEP's growing worldwide network of brands.
With the acquisition of Mediatec, NEP will, among others, have access to over 100 high-definition outside broadcast units; post-production facilities in Dublin, Oslo, Helsinki, Zurich and Munich; studio facilities in Los Angeles, New York, Connecticut, London, Sydney, Melbourne, Oslo and Helsinki; thousands of plasma, LED, and projection video display solutions; a fleet of mobile LED trucks across North America and Europe; as well as an industry-leading team of engineers and technical experts.
Stella EOC acted as sole advisor to the sellers.