NEP has acquired UK-based Bow Tie TV after a long-standing relationship between the companies. The deal widens NEP’s UK services into contract management and digital media for government and principal authorities. “This acquisition was a natural expansion of our UK business strands,” said Steve Jenkins, managing director, NEP UK. “It creates an exciting blend of specialist broadcast media services with the scale, resourcing and management of NEP. Bow Tie has an excellent pedigree in a unique sector of our market.” Previous shareholder Duncan Smith is appointed managing director of Bow Tie and will join the senior UK team. Smith commented, “It’s great news for all the staff and clients of Bow Tie – it’s fantastic to be part of a group who will support us as we grow the division.” Bow Tie specialises in media archive, web-streaming, managed contracts, video on demand, software development and broadcast info channels. These new services enable NEP to offer clients a wider variety of ways to ingest, manage and distribute content. The addition of Bow Tie is complementary to the existing brands of NEP including Supershooters, Sweetwater, NEP Visions and Roll to Record. www.nepinc.com
