Renaissance Capital logo

NEP Group postpones IPO

July 31, 2015

NEP Group, a largest global provider of outsourced live and broadcast production solutions, postponed its IPO on Friday citing poor market conditions.

The Pittsburgh, PA-based company was founded in 1986 and booked $451 million in sales for the 12 months ended March 31, 2015. NEPG. NEP Group initially filed confidentially on 7/24/2014. Barclays, Morgan Stanley, Jefferies, Macquarie Capital and RBC Capital Markets were set to be the joint bookrunners on the deal.