Acquisition of XL Video Group by production resource group

Deal typeTransaction Services
IndustryTechnology & Media

The BDO Transaction Services team has recently carried out financial and tax due diligence for Production Resource Group's (PRG) acquisition of the XL Video Group.         

 XL Video, founded in 1995, has established itself as a leading video services supplier around the world. The company is a multi-award winning provider of creative video solutions for concert touring, corporate events, exhibitions, automotive, television, sports and theatre.Headquartered in New York, PRG is a leading global supplier of entertainment and event technology to a wide range of markets including corporate and automotive events, live music tours and festivals, public, sports and major events, theatre, television and film.

“Based on the performance of the BDO team during our acquisition of Gearhouse LLC in 2014, we did not hesitate in engaging BDO to assist us on our recent acquisition of XL Video. The BDO team once again proved to be an indispensable part of our team providing critical advice and support during the acquisition. Their proactive and flexible approach and understanding of the key commercial issues were key to our acquisition decision making process. The team were a pleasure to work with and we look forward to working with BDO again on future transactions.”

Richard Williams, Chief Finance Officer, Production Resource Group Europe