NEW YORK and PARIS, October, 2022 – TransPerfect, the world’s largest provider of language and technology solutions for global businesses, today announced that it has acquired France-based media house Hiventy Group.
The acquisition comes as the demand for local-language dubbed versions of television series and films has exploded over the past few years with the global expansion of streaming services, which often offer multiple-language dubs of their originals and acquired series and films.
Hiventy specializes in technical audiovisual services including post-production, localization, distribution and film restoration. The company is based in Paris and serves a multinational client base through its global locations including Warsaw, Singapore, Ho Chi Minh City, Casablanca, Nairobi, and Lagos.
TransPerfect, a privately held, NYC-based translation services company with over $1 billion in global revenues, acquired the French company Hiventy in a re-structuring sale overseen by the French government. Hiventy plays a significant role in over half of all feature films released each year — most famously overseeing the translation and captioning for the Best Picture Oscar-winning film Parasite. With their combined resources, the acquisition sets TransPerfect up to be the largest translation and captioning firm in the entertainment industry, which has seen a massive boom in recent years.
Bertrand Chalon, EVP Strategy and Business Development for Hiventy said, “Being part of a much larger, successful global enterprise will provide increased growth opportunities for our business and employees as well as access to new markets. For our customers and users, Hiventy will continue to deliver the same premium solutions and service excellence they expect from us, supplemented by the sizable global resources TransPerfect can now provide.”
The acquisition brings TransPerfect’s total owned-and-operated footprint to over 90 recording rooms and eight theatrical rooms worldwide, expanding capacity for post-production, subtitling, dubbing, and audio description services, as well as strengthening its content distribution and restoration offerings.
“We have long admired Hiventy’s leadership position and the stellar work they produce for the entertainment industry,” stated TransPerfect President and CEO Phil Shawe. “We’d like to extend a warm welcome to the Hiventy team, and we look forward to servicing our combined clients as a one-stop shop for localization and post-production.”
TransPerfect was advised on the transaction by law firms Baker Botts and Gide Loyrette Nouel.
About Hiventy. Hiventy has been providing high-end technical solutions to the entertainment industry for more than 35 years and is a trusted partner of a large number of producers, distributors, broadcasters, and media companies worldwide. Hiventy covers the full range of services required to create, conform, and deliver audiovisual content: image and sound post-production, secure storage and media asset management, image and sound restoration, subtitling, dubbing, and deliveries to cinemas, TV, or digital platforms on any file format.
About TransPerfect. TransPerfect is the world’s largest provider of language and technology solutions for global business with over $1 billion in global revenue. From offices in over 100 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect’s GlobalLink® technology to simplify management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.