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Carlyle Makes Significant Minority Investment in Crestview Portfolio Company NEP
- Client News
- June 28, 2016
The Carlyle Group announced that its long-duration private equity fund, Carlyle Global Partners, has made a significant minority investment in NEP Group Inc., a portfolio company of Paul, Weiss client Crestview Partners. NEP serves the world's leading content producers and owners, providing services vital to the broadcast of live sports and entertainment events. The investment will provide NEP with additional capital and resources to accelerate the company's growth strategy.
The Paul, Weiss team acting as legal advisors to Crestview included, among others, corporate partners Neil Goldman and Kenneth Schneider; tax partner Richard Bronstein; litigation partner Andrew Ehrlich and counsel Adam Schwartz; antitrust counsel Marta Kelly; international trade counsel Richard Elliott; intellectual property counsel Menachem Kaplan; and environmental counsel William O'Brien.