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New Deal


Announced

Completed

3Play Media completed the acquisition of CaptionMax.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Acquisition

Domestic

Friendly

Majority

Media Agencies

Completed

video captioning

media

Single Bidder

Synopsis

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3Play Media, a closed captioning, transcription, and audio description services provider, completed the acquisition of CaptionMax, a closed captioning and media accessibility company. Financial terms were not disclosed. "Live video captioning is a tremendous area of growth and one that 3Play has been increasingly focused on for our customers. As we evaluated the market, we realized there are a lot of benefits to a combination with Captionmax. Its reputation as a trusted and high quality live captioning solution, particularly in the broadcast space, was a great complement to 3Play, which has a strong presence in the recorded captioning space across industries and is focused on the same goals of reliability and quality," Josh Miller, 3Play Media Co-Founder and Co-CEO.

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