Carlyle buys Broadcast Text International from Valedo Partners


tv_screen_170sqPrivate equity major Carlyle has bought Broadcast Text International (BTI), which provides translation, subtitling and dubbing services to broadcasters.

The firm made the deal from its Carlyle Europe Technology Partners (CETP) II buyout fund.

BTI’s clients include BBC, Netflix, HBO, Discovery Networks, VMMA, SBS Nordic and a number of local broadcasters in the Nordics and Benelux regions.

The company was previously owned by Valedo Partners, a Swedish private equity firm focused on Nordic mid-sized companies.

Head of Carlyle Europe Technology Partners Michael Wand said, “CETP and Carlyle have a long and successful history of media technology investments which is also clearly a focus for our current fund CETP II.

“As a small-cap TMT investor in Europe I am also pleased that we have expanded our investment footprint to Scandinavia again.

“We believe the combination of Carlyle’s global footprint and its considerable experience gained through investing in media and creative companies such as Vubiquity and The Mill will help drive significant growth and value creation for BTI.”

in the meantime, Carlyle is reportedly planning to make a bid for medical cost containment services specialist One Call Care Management.

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