M&A Deal Summary |
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Date | 2022-05-12 |
Target | U.S. Captioning |
Sector | Media |
Buyer(s) | Verbit |
Deal Type | Add-on Acquisition |
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Verbit is a provider of interactive transcription and captioning solutions. Verbit utilizes in-house, AI-based technology to transform both live and recorded video and audio into +99% accurate captions and transcripts for the education, legal, media, and enterprise industries. The combination of Verbit’s in-house Automated Speech Recognition (ASR) technology and human transcribers offers high-quality, word-for-word, interactive, and collaborative transcripts and captions. Verbit’s customizable solution helps customers meet ADA, FCC, and privacy compliance requirements to increase operational capacity, accessibility and serve customers and students. Verbit was founded in 2016 and is based in Tel Aviv, Isreal.
DEAL STATS | # |
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Overall | 4 of 5 |
Sector (Media) | 1 of 1 |
Type (Add-on Acquisition) | 4 of 5 |
State (Wisconsin) | 1 of 1 |
Country (United States) | 3 of 3 |
Year (2022) | 2 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
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2022-03-03 |
Take Note
London, United Kingdom Take Note is a secure transcription service provider. The Company offers customers access to its 600 elite transcribers who are all based in the UK and specialize in the market research industry’s needs. Take Note was founded in 2006 and is based in London, England. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
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2022-07-28 |
Take 1
Cranbrook, United Kingdom Take 1 provides transcription, access and localization services for the media and entertainment sector. The company specializes in start-to-finish transcription and captioning services for video content, from the time the first scene is filmed to the final release on air. Take 1 was founded in 1998 and is based in Cranbrook, United Kingdom. |
Buy | - |