Broadcast Text International (”BTI”) was founded in 1998 by Chief Executive Officer Björn Lifvergren and has ever since experienced healthy growth and served the leading broadcasters. In 2000 BTI became a part of the media company SBS Broadcasting and subsequently a part of the German media company ProSiebenSat.1 when it acquired SBS in 2005. Valedo and BTI’s management and board acquired the company in August 2008 from ProSiebenSat.1.
Following five years of growth and overachievement of the targets established at time of Valedo’s acquisition in 2008, BTI was deemed ready for the next step. The European market consolidation, which BTI had been a driving force in, was expected to continue globally which contributed to significant interest from potential buyers to acquire BTI. Consequently, Valedo was contacted by potential buyers during the spring and summer of 2013. Discussions with potential buyers resulted in that a unit of US stock listed global alternative asset manager The Carlyle Group acquired BTI in September 2013.
Location: Sweden, Stockholm
Employees: 201-500
Founded date: 1995
Investors 1
Date | Name | Website |
- | Valedo Par... | valedopart... |
Persons 1
Date | First Name | Last Name | Title | |||
- | Marta | Kazimiercz... | Client Man... | linkedin.c... | - | m*********... |
Mentions in press and media 3
Date | Title | Description |
13.07.2017 | Altor to Acquire BTI Studios from Carlyle | Global alternative asset manager The Carlyle Group (NASDAQ: CG) and Altor Fund IV announced that they have signed a definitive agreement under which Carlyle will sell BTI Studios to Altor. The transaction is expected to close in Q3 2017, su... |
13.07.2017 | Altor to Acquire BTI Studios from Carlyle | Global alternative asset manager The Carlyle Group (NASDAQ: CG) and Altor Fund IV announced that they have signed a definitive agreement under which Carlyle will sell BTI Studios to Altor. The transaction is expected to close in Q3 2017, su... |
13.07.2017 | Term Sheet — Thursday, July 13 | ET CETERA Good morning. A few quick notes on the news: Paid Content Securing the enterprise without boundaries From ExtraHop “No,” was his blunt response when peppered with questions. … McAdam didn’t even bother to walk over to the press. H... |