NEP Group has acquired SOS Global Express, an independent international freight forwarding and logistics company that specializes in broadcast, entertainment, music and professional sports teams and leagues. The transaction is consistent with NEP’s strategy of becoming the world leader in broadcast services and live events.
With the addition of an experienced freight forwarding company, NEP will be able to better utilize its assets and, as a result, provide better service and more streamlined planning and delivery of equipment for client events.
The terms of the deal were not disclosed.
Moving forward, SOS, which is headquartered in New Bern, North Carolina, and operates out of several locations across the U.S. and Europe, will remain independent. The firm will continue to operate under the SOS brand, serving all its clients.
Since it was founded in 1986, SOS has supported projects, such as Olympics Games, Super Bowls, FIFA World Cups, major auto races, international music tours, feature films, research shoots worldwide, news coverage of wars and presidential trips.
“NEP has enjoyed a long working relationship with SOS — it’s a great cultural fit,” NEP Chairman and CEO Kevin Rabbitt said, in a statement. “Both organization’s teams 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.”
Headquartered in Pittsburgh, NEP is a global outsourced technical production firm supporting content producers of live sports and entertainment. It has more than 4,000 employees with operations in 24 countries.