Confidential · For Discussion Only
Confidential Advisory Assessment

PixelFlex LED

A Nashville-built LED display manufacturer with a recurring spec on every UFC Octagon.

Prepared ByNext Chapter Advisory Group
SubjectPixelFlex LED, LLC
HeadquartersNashville, Tennessee
DateMay 2026
Section 01

Executive Summary

PixelFlex LED designs and manufactures the LED video displays that wrap concert stages, broadcast sets, megachurch sanctuaries, and — since December 2021 — the four time-clocks that hang above every UFC Octagon in the world.

The company began in Memphis. In 2013, it relocated to Nashville to meet growing demand and has been at 700 Cowan Street ever since.1 Twelve years of trade-press coverage in PLSN, AVNetwork, Live Design Online, and Lighting & Sound America tracks a steady cadence of product introductions at LDI and InfoComm — flexible LED video curtains in 2013, the FLEXUltra and FLEXMod modular lines after, transparent FLEXClear panels for retail and creative installs.

The customer book is what makes PixelFlex unusual. ESPN Monday Night Football. The Grand Ole Opry. The Alan Jackson tour. NYCFC. BYU athletics. And on every UFC Octagon globally, a custom FLEXMod-built Fight Clock that the UFC commissioned PixelFlex to design — a relationship UFC's Senior Vice President of R&D put on the record:

Our relationship with PixelFLEX was strong from the start. It was easy to access the team with questions and changes. Together we were able to get it done. Alon Cohen, Senior Vice President of R&D, UFC (December 2021)

The company is founder-led. Jeremy Byrd built PixelFlex from the ground up and still runs it. He is not a public-facing founder; the brand has done the talking. Ownership is now considering a transition.

Section 02

Business Overview

What the company does

PixelFlex designs and manufactures direct-view LED displays for indoor video walls, production-grade rental and staging, broadcast sets, retail and corporate environments, houses of worship, transportation hubs, sporting venues, and film & television virtual-production stages.2

Product architecture

Eleven product families spanning pixel pitches from 0.47mm (ultra-high-definition broadcast) to 5.9mm (cost-optimized installation). Headline lines include:

FLEXMod
Adaptive Flexible LED
The product line UFC commissioned for the Octagon Fight Clock. Pixel pitches 1.2–4mm.
FLEXUltra
Ultra-HD LED
Pixel pitches 0.47–3.7mm. Broadcast and virtual production.
FLEXClear
Transparent LED
For retail, hospitality, and creative environments where seeing through the display matters.
EF Production
Touring & Rental
Built for life on the road — concert tours, festivals, corporate events.
FLEXSphere · FLEXFloor
Creative Form Factors
Curved, spherical, and floor-mounted LED — the products competitors don't make.
FLEXThin · FLEXMod Pro
Architectural & dvLED
Ultra-thin 1-inch profile for corporate and signage; modular curved-to-flat dvLED.

End markets

Section 03

Operational Highlights

A recurring spec on every UFC Octagon

The UFC Fight Clock is not a one-time install. It is a deployable spec — up to four FLEXMod-built clocks on every Octagon, at every UFC event, in every country UFC operates. The clocks wrap the camera stands and were designed in partnership with UFC to "extend an opportunity for advertising and sponsorship revenue."3 PixelFlex did not sell UFC a wall; PixelFlex built UFC a product UFC uses to make money. That is a different kind of customer relationship.

Trophy customers anchored by long-tenure trade-press coverage

Twelve years of consistent product cadence

Independent trade-press coverage from 2013 forward documents a steady release rhythm — 12mm in 2013, 7mm and 6mm shortly after, the FLEXUltra fine-pitch line, FLEXClear transparent LED, the FLEXSphere creative form factor, and the FLEXMod modular system that UFC specified for the Fight Clock. The implication: this is a company that ships product, not a company that ships a slide deck and a press release.

Nashville manufacturing footprint

Operations relocated to Nashville (700 Cowan Street) in 2013 specifically to meet growing industry demand.1 In a post-tariff, post-China-supply-shock landscape, a U.S. manufacturing footprint inside the live-event and country-touring epicenter is a structural advantage that a strategic acquirer would price separately.

Partner-program participation with Nanolumens

Following a 2017 IP matter in the Middle District of Tennessee — resolved on terms both parties have publicly endorsed — PixelFlex became a member of the Nanolumens Partner Program.4 The practical implication: PixelFlex is part of the channel that services Nanolumens-specified installations, including UFC's Corporate Campus.

Section 04

Financial Summary

Financial detail withheld pending NDA Revenue, gross margin, EBITDA, customer concentration, and recurring-revenue breakdown will be shared with qualified parties under a mutual non-disclosure agreement. Indicative conversations to follow on a call with Next Chapter, not on paper.

Directional indicators (qualitative)

Section 05

Growth Opportunities

Three growth vectors a buyer could activate inside the first 18 months without restructuring the underlying business:

1. Virtual production for film & television

Virtual-production volumes — the Mandalorian-style LED stages — are the fastest-growing LED end-market today. PixelFlex has the product (FLEXUltra fine-pitch, FLEXMod modular) and a published thesis on LED walls for film sets.5 What's needed is dedicated film-industry sales coverage in Los Angeles and Atlanta. A strategic acquirer with existing studio relationships could ramp this line within a year.

2. International expansion of the UFC Fight Clock spec

The Fight Clock currently ships per-event globally. A buyer with international distribution or service capability could capture a richer share of that recurring spec — local-language sponsorship inventory, regional fulfillment, on-site service contracts.

3. Federal & government channel

GSA Schedule participation is undocumented in PixelFlex's current public footprint. The product portfolio (transportation hubs, higher education, corporate signage) maps cleanly to federal and state-government demand. A strategic acquirer with an existing federal contracting motion could open a new channel without changing the product roadmap.

Section 06

Ownership & Transition

Jeremy Byrd founded PixelFlex and has run it for the duration of the company's history. He maintains an unusually quiet public profile for a founder of his standing — no podcast circuit, no Forbes profile, no personal social-media presence to speak of. The brand has carried the message in trade press; he has not needed to.

For a buyer, this profile is a feature rather than a bug. It means:

Ownership is exploring options that include a full sale, a majority recap with rolled equity, and a hardware-only carve-out (PixelFlex alone, separate from Jeremy's affiliated live-event production company, Elite Multimedia). Next Chapter is engaged to scope and run the process.

Section 07

Next Steps

Qualified buyers — strategic acquirers in LED hardware, ProAV integration, broadcast services, and live-event production, plus private-equity sponsors with display-technology or live-event theses — are invited to begin a confidential dialogue with Next Chapter.

Step One
Confidentiality & Process Letter
Mutual NDA executed before any financial detail is shared.
Step Two
Management Conversation
A first call with Next Chapter to scope buyer thesis and timeline.
Step Three
Data Room Access
Financials, customer detail, contract structure, and product roadmap.
Step Four
Indication of Interest
Written IOI on Next Chapter's process terms.