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New Deal


Announced

NEP Group to acquire SOS Global Express.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

logistics company

Acquisition

Friendly

Private

Freight Forwarding

Pending

United States

Synopsis

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NEP Group, an outsourced technical production partner supporting premier content producers of live sports and entertainment, agreed to acquire SOS Global Express, an independent international freight forwarding and full-service logistics company that specializes in supporting clients in broadcast, entertainment, music, and professional sports teams and leagues. Financial terms were not disclosed. The addition of SOS is consistent with NEP’s stated strategy to become the world leader in Broadcast Services and Live Events, providing key logistics and shipping services to get equipment where it needs to go when it needs to get there. “Both organizations team understand the mission-critical nature of live TV, are service-oriented and focused on delivering exceptional results for our clients through innovation. With SOS, we can streamline the process of bringing critical transport and logistics services to clients and their events anywhere in the world,” Kevin Rabbitt, NEP Chairman and CEO.

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