PwC advises Iyuno Media Group on the acquisition of Scalamedia
Düsseldorf, 2 July 2020
PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided comprehensive legal advice to Iyuno Media Group regarding the acquisition of Scalamedia Gesellschaft für Film und Fernsehproduktionen mbH. PwC Legal handled the negotiations for the share purchase agreement and carried out the due diligence. The closing of the transaction is still subject to antitrust approval. Tax and financial due diligence as well as advice on tax structuring were also provided by PwC.
Iyuno Media Group is a globally operating corporate network for entertainment technology, market leader in the field of language localization technology and end-to-end provider of post production services. Thereby the group offers dubbing, subtitling, access and media services in over 80 languages. At present, Iyuno Media Group is active in 35 locations worldwide and has offices in 30 countries across Europe, Asia, Middle East and the Americas. Its customers include broadcasters, major film studios and global streaming platforms.
The Iyuno Media Group is backed by the venture capital firm SoftBank Ventures Asia, Swedish private equity firm Altor and Los Angeles-based investment firm Shamrock Capital. The acquisition of Scalamedia is the first transaction after the 2019 merger of BTI Studios and Iyuno.
Scalamedia was founded in 1987 under the name of Preuss and has understood dubbing as an artistic achievement since the beginning. With dubbing and post-production areas of over 2,500 sqm, Scalamedia is one of the largest Munich and Berlin-based operators to join Iyuno Germany, a division of Iyuno Media Group’s global network.
Following the acquisition of leading German dubbing company Berliner Synchron GmbH, which was also advised by the PwC Legal and PwC teams, Iyuno Media Group is further expanding its services in Germany by acquiring Scalamedia.
Advisors PwC:
PwC Legal:
Dr. Roland Hens (Cologne), Dr. Fabian Jenderek (Düsseldorf, both lead), Filipp Dolzanskij (Cologne, all M&A/Private Equity),
Frank Degenhardt, Thomas Peter (both HR, Frankfurt)
Philipp Thönnes (Antitrust, Düsseldorf),
Jan-Dierk Schaal, Melanie Wellner (both M&A, Hamburg)
Philipp Pröbsting, Ansgar Messow, Maren Wellmann (all RE, Düsseldorf)
PwC GmbH WpG:
Tax: Dr. Ralf Ulrich Braunagel, Hendrik Machert, Luisa Köhler (all Deals Tax, Frankfurt)
Transaction Services: Alexander Paffenholz, Jari Sengera, Benjamin Millner, Sharad Rooprail (all Advisory, Düsseldorf)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.
About PwC Germany:
Our clients face diverse challenges, strive to put new ideas into practice and seek expert advice. They turn to us for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of our expert network in 149 countries. Building a trusting and cooperative relationship with our clients is particularly important to us – the better we know and understand our clients’ needs, the more effectively we can support them.
PwC Germany. More than 15,000 dedicated people at 20 locations. €3.05 billion in turnover. The leading auditing and consulting firm in Germany.
