Riverside Partners, a Boston-based private equity firm, announced today that its portfolio company, 3Play Media, has acquired Captionmax and its subsidiary National Captioning Canada. Based in Minneapolis with additional offices in Los Angeles, New York City, and Calgary, Captionmax is a leader in high quality and secure live and pre-recorded captioning, audio description, and localization services to customers across multiple end-markets. Financial terms were not disclosed.
CaptionMax is a Minnesota-based company that offers closed captioning, localization, audio description and transcription services for sectors such as media and education.