The NEP Group has agreed a deal to acquire Singapore-headquartered Broadcast Solutions Group.
The outside broadcast flypacks and broadcast services provider also has offices in the UK, India and the United Arab Emirates.
Following the acquisition, Broadcast Solutions will operate as NEP Broadcast Solutions under the leadership of company founder Saeed Izadi and will continue to be headquartered in Singapore.
“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 chief executive Kevin Rabbitt (pictured).
“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.
“The entire Broadcast Solutions team shares our commitment to superior client service and innovation, and I am very pleased to welcome Saeed Izadi and his team into the NEP Worldwide Network as we continue to expand our international broadcast services business.
Following the deal NEP will have offices in 16 countries.
Broadcast Solutions has been providing broadcast services for 16 years, covering a variety of events and sports including, cricket, golf, hockey, football, tennis and kabaddi.
Saeed Izadi added: “Becoming a part of the NEP Worldwide Network marks a milestone in our growth. I couldn’t ask for a more closely aligned partner than NEP to bring immediate and significant value to our worldwide clients.
“I am confident that this transaction will add a great deal of flexibility to our operations and will provide our staff with enriching collaborative opportunities. We are excited to expand our service excellence to a wider reach with the increased support of a worldwide network and a broader pool of resources.”
Financial terms of the deal were not disclosed.