Valedo divests Broadcast Text International to Carlyle
Valedo and certain minority owners have divested the BTI group to The Carlyle Group.
The BTI group with operations in, inter alia, the Nordic Region, UK, the Netherlands and Belgium is one of Europe’s leading suppliers of subtitles and dubbing for broadcasting companies, local TV channels and production companies. Valedo, which acquired a majority stake in the group in 2008, is a Swedish private equity firm with investment focus on small and middle-sized Nordic companies with strong growth and development potential.
Valedo was advised by Mannheimer Swartling in the transaction. The firm’s team was led by Tom Wehtje, primarily assisted by Henrik Johansson, Jon Rastad and Adam Erdling.