Pittsburgh-based NEP Group Inc. announced a deal to acquire Broadcast Solutions Group, an international broadcasting company.
Financial terms weren't disclosed; NEP is privately owned. When the deal is completed, the acquired company will be known as NEP Broadcast Solutions and remain headquartered in Singapore with other offices in the United Kingdom, the United Arab Emirates and India. It broadcasts cricket, golf, field hockey and other sports.
"Broadcast Solutions has an exceptional reputation for service in the Asian and Indian markets, regions that remain key strategic priorities for NEP," said NEP Group CEO Kevin Rabbitt in a statement. "This acquisition puts us in the leading position in these markets and enriches our global depth of resources, ensuring we have the best facilities and a highly experienced staff that can cover any project, anywhere in the world."
Source : bizjournals.com