NEP to enhance sports services with acquisition of Corplex
Pittsburgh-based outsourced TV production services specialist NEP – whose sister company, NEP Visions, is one of Europe’s largest OB providers – has entered into a definitive agreement to acquire Corplex, a Chicago-based provider of digital and HD mobile broadcast production facilities and services.
The acquisition, says NEP, is set to further expand NEP’s pool of expertise in providing services for sports and entertainment productions.
The transaction is due for completion on or around 17 December, by which date NEP will have acquired Corplex’s entire fleet of production vehicles, including three HD trucks: Chromium, Iridium and Platinum. In addition, Corplex’s engineering and support staff will join the existing workforce in NEP’s Mobile Unit division.
Corplex’s top executives, including current president Scott West, will take significant roles within the NEP Mobile Unit division. NEP will consolidate all of its Chicago operations at Corplex’s current Lake Bluff, Illinois, HQ.
Mike Fernander, president and general manager of NEP US Mobile Unit division, comments: “We’re proud to add Corplex and its talented and experienced team to our growing network of industry-leading brands in mobile production. The expertise available in both companies, combined with NEP’s depth of resources, will enable us to continue offering exceptional service to our clients focused on major sports and entertainment events. We’ve worked together for many years in some of the world’s largest mobile broadcast compounds; therefore, we know Corplex shares NEP’s core values of delivering superior service, working together as one team, providing innovative solutions, and meeting commitments with integrity and passion.”