Broadcast Sports International / NEP
Slate Capital Group has sold Broadcast Sports International, LLC (BSI), the recognized industry leader in the design and production of critical-use wireless networks and high-end wireless A/V systems, to NEP Group, Inc., the worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment.
BSI is a provider of proprietary technology and services for broadcasting live events in complex environments. Founded in 1979 by an entrepreneurial team of engineers, BSI has a history of market leadership and deep, long standing customer relationships. BSI is recognized as a leader in in-car cameras for nearly all international racing series, including NASCAR, IndyCar and NHRA, and in wireless cameras and microphones for golf events. The company has a proven track record in deploying wireless audio and video systems in the most challenging sports environments.
NEP Group, a portfolio company of The Carlyle Group, offers a full range of industry-leading solutions for broadcast and live events, as well as a complete range of media solutions. For over 30 years, NEP has been a worldwide outsourced technical production partner supporting premier content producers of live sports, entertainment, music and corporate events. The company’s services include remote production, studio production, audio visual solutions, host broadcast support, premium playout, post production and innovative software-based media management solutions.
Slate Capital is a private equity investment group based in Baltimore, Maryland, that partners with lower middle-market companies. The firm provides liquidity to business owners and growth capital for further expansion.
Oaklins’ team in Cleveland served as the exclusive financial advisor to Broadcast Sports International.
“We are delighted with the support received from the finnCap Cavendish team throughout this process. Mike and the team ensured that we prepared meticulously, identified the right pool of potential investors and worked closely with us, the management team and our legal advisers to deliver a great outcome for the Shareholders. We wish the Intelling team and RDCP all the best in their next phase of growth.”
“The Cavendish team of Jon, Chris, Chirag and Soben steered the process from start to finish and were instrumental in bringing this transaction to a successful conclusion with the right partner in the form of Naviga. The sale of Miles 33 to Naviga marked a successful exit for the financial investors and provides management with a larger platform to grow the business.”
“The completion of the Nactis deal took years, from beginning to completion, for many reasons that were mostly out of our control. Oaklins’ team in Italy accompanied us in this process – from the initial contact to closing – with professionalism, patience and many proactive proposals. Without their cooperation, the deal would never have happened.”
“We chose Oaklins to assist us in this project because they are the most experienced corporate finance advisor in the horticulture sector and at the same time have a local and experienced team in Belgium. By operating as one team, they offered us the best of both worlds.”
“Oaklins was the right partner to professionally manage the process. They assembled an experienced team who carefully took into consideration the preferences of a family-owned business. At every step along the way, we enjoyed working together with Oaklins’ team in the Netherlands, who showed great persistence to make this transaction a success.”
“For us who founded the company and managed it during its 30 years of existence, Oaklins was the perfect partner for our sale. The team planned and executed our process, supported and guided us through the whole process. The combination of industry insight, professional craftsmanship and uncompromising dedication, made it a valuable contribution from an owner’s perspective.”
“When selling The Farm, the best decision we took was to choose to work with Linda and her team at Cavendish. They delivered an excellent deal, were a delight to work with, are thoroughly professional, excellent value for money and will remain firm friends. No one could have got us a better outcome.”
“For 30 years, the team has advised Arran Isle on strategic transactions. We selected them to manage the divestiture of our US operations not just because of this relationship, but also their sector knowledge, and critically, their value realization proposition. They were with us every step of the way and did a great job throughout, ultimately delivering a strong value on the time schedule set forth at the outset of the process. The team managed communication and negotiations with professionalism and vigour. The team’s industry knowledge, attention to detail and total immersion in every aspect of the transaction were truly impressive. We sincerely appreciate their efforts and the result they achieved for us.”
“When we launched the M&A process with the Oaklins German team in the spring of 2018, it was important to us from the start to find a new majority shareholder who is familiar with our industry and who ensures that our employees will have a long-term future in Fraureuth. We are very proud of what we have achieved with our loyal and valued employees over the past 25 years. We believe to have found an ideal partner and are looking forward to working with Avedon.”
“We appreciate the work of the team in Cleveland and their tenacious commitment to advising HB Chemical and its affiliates throughout this important process. Ravago is the ideal partner to help our business take the next step in its history.”
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