Transaction Overview
- Represented Captionmax in its sale to 3PlayMedia, a portfolio company of Riverside Partners.
- Captionmax is a trusted leader in media accessibility, providing high-quality live and recorded captioning, localization, and audio description services.
- 3Play Media is a cloud-based video accessibility platform with solutions for closed captioning, live captioning, audio description, and translation/subtitling. 3Play Media combines machine learning, proprietary data sets, and automated speech recognition with human review to provide quick and highly accurate accessibility solutions at scale.
Key Observations
- Captionmax was a highly strategic acquisition that will allow 3Play Media to become the market leader in live captioning, integrate their technological expertise with Captionmax’s human-touch solutions and continue to grow its live captioning platform via acquisition.
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