Announced
Financials
Sources
Tags
Majority
Single Bidder
logistics company
Acquisition
Friendly
Private
Freight Forwarding
Pending
United States
Synopsis
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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