HMB congratulates CaptionAccess LLC in their strategic sale to Ai-Media, in their expanding U.S. footprint.
Illinois-based CaptionAccess is a deaf-owned and managed company providing communication access services to the government, corporate and education sectors. CaptionAccess is strongly positioned in the education sector, providing a broad and complementary expansion of Ai-Media’s enterprise customer base in the region.
CaptionAccess Founder and CEO Bill Graham said: “As a proud deaf business owner with Disability Owned Business Enterprise (DOBE) Certification it was important for me to partner with a business that shares our community roots and our values, as well as focusing on delivering the highest quality services to our customers who rely on us to participate equally in education and at work.”
Access Innovation Holdings Limited (ASX: AIM), based in Melbourne, Australia, is a global provider of technology-driven live and recorded captioning, transcription and translation services.
Ai-Media Co-Founder and CEO Tony Abrahams said the Acquisition will strongly complement Ai-Media’s North American business, which now makes up around half of the Ai-Media’s total services revenue.
CaptionAccess was represented by HMB’s Mergers & Acquisitions Team, led by Corporate Associate Paul C. Huddle, Private Client, Trusts & Estates Partner, Kenneth A. Goldstein and Manager of Client Tax Service, Joseph M. Tamburello.