Type
|
Incorporation |
---|---|
Industry | Video production, broadcasting services |
Founded | Scranton, Pennsylvania, United States (1984 (1984)) |
Founder | Tom Shelburne |
Headquarters | Pittsburgh, Pennsylvania, United States |
Area served
|
Worldwide |
Key people
|
Kevin M. Rabbitt (CEO) |
Services | Outside Broadcasting Television studios System Integration ENG Master Control Wireless Broadcast Webcast Visual Effects Audio Production Post-Production LED screens |
Owner | Crestview Partners, Carlyle Group |
Number of employees
|
2,200 |
Website | NEPinc.com |
Kevin M. Rabbitt (CEO)
Deborah Honkus (EC)
George Hoover (CTO)
Keith Andrews (COO)
Gerry Delon (CFO)
NEP Group, Inc. (formerly NEP Broadcasting LLC) is a Pittsburgh, Pennsylvania-based privately owned international production company that provides outsourced teleproduction services for major events throughout the world.
Its facilities are used to produce television broadcasts of the Super Bowl, Academy Awards, Premier League, Emmy Awards, The Daily Show, UEFA Champions League, Olympic Games, NASCAR, Asian Games, WWE Wrestling, FIFA World Cup, Wimbledon and French Open, Grammy Awards, U.S. Open, British Open, The People's Court, Sesame Street, The Rolling Stones and Page Six TV.
The company was founded by Tom Shelburne in 1984 and was part of Scranton, Pennsylvania television station WNEP-TV (which in turn stood for Northeast Pennsylvania). It was spun off after The New York Times Company bought the station in 1986 from Shelburne. The company took off after it acquired the failing New Kensington, Pennsylvania-based TCS after the companies jointly produced the 1987 Pan American Games in Indianapolis, Indiana.
From 2007 to 2012 it was primarily owned by American Securities. In 2012 it NEP was sold to Crestview Partners.
On 25 September 2015 NEP appointed Keith Andrews (formerly CEO and managing director of NEP Australia) as Chief Operations officer of NEP Group, Inc.
It was announced on 20 July 2015 that NEP launched their initial public offering. On 4 August 2015 NEP announced postponement of their IPO.
On 3 November 2015 a fire broke out at the NEP Visions location in Bracknell, UK at approximately 22:00 GMT. NEP confirmed the loss of five outside broadcast trucks. The trucks were Gemini, HD2, HD3, Observe's HD3 and the HDR2 VT truck. On 13 November 2015 NEP announced that the assets for projects up until February 2016 have been secured.
On June 24, 2016, The Carlyle Group made a significant minority investment in NEP alongside existing shareholders Crestview and NEP management. The investment provides NEP with additional capital and resources to accelerate the company's growth strategy as a diversified global outsourced services business supporting the broadcast and live events industries.
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In NEPG 0 funds of 2213 total. Show all
Fund name | Ticker shares |
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