Creating the Media and Entertainment Industry’s Largest, Most Comprehensive Global Localization Services Company
LOS ANGELES – January 22, 2021 – Iyuno Media Group, a market leader in localization services to the media and entertainment industry, today announced it has entered into an agreement with Imagica Group Inc. to acquire 100% of SDI Media. This transaction, which is subject to review and approval from relevant authorities, brings together two companies with the shared mission of supporting, innovating and leading the art of global storytelling. Terms of the transaction were not disclosed.
“SDI Media is a great fit for Iyuno,” said Shaun Gregory, CEO, Iyuno Media Group. “We are well-aligned in our quality standards, complementary strategies and compatible service offerings. As a combined company, we will continue to deliver best-in-class services and technology innovations to our industry. We are certain that new and existing clients will benefit from the collective experience and capabilities of the combined company.”
“By merging IYUNO with SDI we create a clear global leader, optimally positioned to serve the accelerating and increasingly complex demand from the leading entertainment players”, said Klas Johansson, Partner at Altor and a Board member of Iyuno Media Group. “We also build scale and capacity within technology and data, to ensure that IYUNO will continue to lead the way in terms of developing next generation services to the benefit of all our clients”
“We are excited to join Iyuno and become part of the industry’s leading localization services company,” said Mark Howorth, Chief Executive Officer, SDI Media. “We believe that the explosive global content distribution needs of the industry can only be served by a complimentary service provider that can scale with them in support of their needs.”
Iyuno was supported in this transaction by Altor, Shamrock Capital and SoftBank Ventures Asia, its primary financial partners. The three investors are pleased to see this sustained momentum in the expansion and diversification of the Iyuno Media Group portfolio. The completion of this transaction remains subject to review and approval from relevant authorities.
