Crestview's NEP Group Expands Reach in Europe with Mediatec
March 30, 2015
Crestview Partners portfolio company NEP Group has agreed to acquire Mediatec Group, one of Europe's largest providers of outside broadcast and video display solutions. Barclays Bank has committed financing to support the deal, which is expected to close in the coming weeks. Acquired by Crestview from American Securities in late 2012, NEP offers technical services to the broadcast and live event industries, including studio production, video display and post production. The add-on will expand the platform's reach in Europe.