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:
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum. Find out more at www.pwc.com.
In this document, PwC Germany refers to PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, which is a member firm of PricewaterhouseCoopers International Limited (PwCIL). Each member firm of PwCIL is a separate and independent legal entity.
The term PwC refers to the PwC network and/or one or more of the legally independent network companies. Further details can be found at www.pwc.com/structure.
