Transaction Details

November 1, 2016
London Sloane St

Sector

Digital Media and Media

Deal Type

M&A

Deal Value

N/D

Deal Team

Greger Larson

OB-Team sold to NEP Group

OB-Team: A leading outside broadcaster in the Nordics

Founded in 1991, OB-Team is Norway’s and one of Scandinavia’s largest and most experienced provider of services to outside broadcast, multi-camera and studio productions.

OB-Team’s fleet of outside broadcast units is among the most modern in Europe and the Company provides support for a variety of sports productions throughout Europe, including X Games 2016, Premier League, UEFA Europa League Playoffs and Tour of Norway.

Headquartered in Oslo, the Company was prior to the transaction fully owned by the market leading commercial broadcaster TV 2 Norway.

Strengthening NEP’s leading market position in the Nordics

Headquartered in the United States, NEP provides the technology and know-how to enable clients to produce the world’s most prestigious live and broadcast events around the globe.

As part of the transaction, NEP Norway has finalised a services agreement to support TV 2’s productions for the next five years.

The acquisition of OB Team provides NEP with technical personnel and equipment for TV 2’s productions and other clients in Norway.

GCA Altium acted as sole advisor to the sellers.

Related Transactions

Previous
All transactions