NEP has closed on its acquisition of Australia’s Global Television from Catalyst Investment Managers. 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 HD units.
The acquisition also gives NEP several HD flypacks, studios in Los Angeles, New York, London, Cardiff, Sydney and Melbourne, and thousands of plasma, LED and projection video display solutions as well as a large team of engineering and technical experts.
“We are pleased to officially welcome Global Television into our worldwide network of brands. Global is a true service leader, and I am looking forward to working with them as they continue to grow their business,” says Kevin Rabbitt, CEO of NEP. “This is an exciting opportunity for all of us. As NEP continues to look for opportunities for expansion into new geographies, the addition of Global not only brings us to Australia, but provides a great launching point into Asia and other areas around the globe.”
Global Television will remain an independent entity based in Australia, operating under NEP management, led by Global CEO Keith Andrews and his executive team.
“We’re very excited to become a part of the NEP team. This outcome is terrific news for both NEP and Global’s clients, staff and partners, because it will broaden and deepen the pool of expertise and technology available to them all,” says Andrews. “This is a powerful marriage of two companies with similar cultures and a shared commitment to provide exceptional service and lead technology innovation with the best teams in the business.”
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 while supporting thousands of events annually around the world. Global Television, Australia’s largest provider of independent TV studios and OB services, is internationally recognised for its technical expertise in host broadcasting, while 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.