Business Name: Sign-in to view listing at https://fih.com/listing/9283417
Business Website: Sign-in to view listing at https://fih.com/listing/9283417
Business Start Date: 2015
Business Location: Berlin
Business Price: Open to Offers - Minimum Bid €2.472M - Bidding Deadline 07/31/2026
Employee Number (Inc. Owners): 12
Business Model: B2B Services
Industry: Audio and Localization
Percentage Being Sold: 100%
Sales (TTM): €1,787,718.70
Net Profit (TTM SDE): €229,047.18
Normalized TTM SDE: €916,463.07
Business Multiple (TTM Revenue): 1.38x
Business Multiple (TTM Normalized SDE): 2.70x
Paying Clients (TTM): 100+ 
Tag Line: 10+ Y/O Audio Post Production, Dubbing & Localization Provider

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Executive Overview

The business is a Berlin-based dubbing, audio post-production, and localization provider serving global entertainment clients. Founded in 2015 (following operations as a sole trader beginning in 2011), the company has scaled into a multi-studio operation with modern facilities, diversified capabilities, and long-term client relationships with major international media organizations.

The business operates with a highly trained staff, efficient workflows, and stable fixed costs. It offers a combination of established market presence and further expansion potential, making it suitable for strategic acquirers seeking capabilities in the German dubbing and audio production market

Company Background

The founder began operating as a sole trader in 2011, primarily focused on game localization. Demand for German dubbing services emerged in 2013, prompting expansion. The company relocated to its current premises in 2015 and built four studios between 2015 and 2017. The organization has since developed into one of Berlin’s most prominent independent audio production studios.

Services Offered

The business provides a broad portfolio of audio and localization services, including:

• German dubbing

• Lip-sync animation

• Audio description

• Game localization

• ADR

• Mixing and mastering

• Voiceover for commercials and corporate productions

• Sound design and music composition (occasional)

The company works primarily in German and English.

Operations & Team

The business employs a team of 12 professionals, consisting of:

• 2 Project Managers

• 2 Recording Coordinators

• 4 Recording Engineers (two with additional mixing roles)

• 3 Production Assistants

• 1 Receptionist

• CEO

The team structure supports a continuous project pipeline, high-quality output, and scalable operations.

Facilities

The studio operates from a professionally built facility totaling 447 square meters (4,811 sq ft). The premises include:

• 4 dedicated recording rooms

• 1 pre-mix/editing room (5.1 surround)

• 2 shared office areas

• Reception area

• Meeting room

• Kitchen

• Server room, workshop, and storage spaces in the basement

These facilities support a wide range of production workflows, enabling both high-volume and high-quality output.

Studio Capabilities

Studio 1

• Designed for ADR, VO, dubbing, and corporate audio productions, with space for client supervision.

Studio 2

• Supports VO, dubbing, and corporate productions. Its control room also functions as a mix room for up to 5.1 surround sessions.

Studio 3

• Handles ADR, VO, dubbing, and corporate work. It supports 5.1 and 7.1 theatrical mixing and is configured for Dolby Atmos Home (9.4.1), with on-site certification by Dolby engineers.

Studio 4

• Built for video game voice production, VO, dubbing, and corporate audio. Its highly absorbent acoustic design suits complex game audio projects.

Production Capacity

The company’s current dubbing capacity is 1,000 runtime minutes per month, with an internal target of reaching 1,250 minutes. Existing infrastructure can support increased volume with minimal additional fixed cost requirements

Security & Compliance

The business maintains robust physical and digital security standards, including:

Physical Security

• Access card system with centralized management

• 24/7 motion-activated camera system (90-day retention)

• Remotely monitored alarm

• Motion sensors throughout the facility

• After-hours security guard presence

Digital Security

• Enterprise-grade firewall

• VLAN segregation for production, FTP, and corporate networks

• Centralized endpoint protection and virus scanning

• Centralized user access management

• Valid and current TPN certification assessed in 2024

Client Base

The business has long-standing relationships with leading international entertainment companies. Notable clients include:

• Sony Pictures (Germany)

• Columbia Pictures (UK)

• Ellation (USA)

• Crunchyroll SA

• TMS Entertainment

• Peppermint Anime GmbH

In addition, the company serves nearly 100 other production companies in Germany and worldwide, contributing to a diversified project pipeline.

Competitive Strengths

• Recognized as one of the largest independent audio studios in Berlin

• Located in the center of the German media industry

• Experienced, loyal staff and optimized workflows

• Modern facilities with no long-term liabilities

• Stable fixed-cost structure

• Strong client relationships and repeat business

• Expected pipeline of over 200 episodes across the next 12 months

• Capacity for increased output without major capital expenditure

Financial Highlights

The company has demonstrated growth over multiple years with strong operating leverage due to low fixed costs.

Key highlights reported:

• Significant EBITDA expansion in 2022 compared to 2021

• Lower fixed cost growth relative to net income growth

• Continued upward trajectory in 2023

• Additional growth potential from new client acquisition

Valuation Indicators

A summary of historical sales and EBITDA, with illustrative valuation multiples:

Revenue:

2022: $2,977,121

2024 EBITDA was temporarily impacted by extraordinary investment and restructuring costs. Normalized EBITDA was assessed in the €150k–€180k range, with recovery expected in 2025 through stabilizing operations and improved project scheduling.

Challenges

The business has navigated several industry-wide challenges:

• COVID-related commissioning delays from major clients

• Temporary risk aversion in the market during the pandemic period

• Constraints in industry reach and business development resources, limiting access to larger market segments

Client confidence has since returned to pre-pandemic levels.

Seller Rationale

The owner cites the following reasons for pursuing a sale:

• The company is approaching the limit of growth achievable under its current structure

• Additional scale requires broader industry reach and relationships

• Integration into a larger group could unlock untapped business opportunities

• Additional business development capabilities would support revenue expansion

Strategic Opportunity

This acquisition offers:

• A fully developed, modern dubbing and audio production facility in a major European market

• A business with consistent historical growth and stable operating costs

• Immediate revenue generation with diversified recurring clients

• Infrastructure and personnel capable of higher utilization

• Opportunity for scaled growth through expanded network, sales capabilities, and cross-border integration

Forward Outlook

Workload levels have increased modestly but remain stable. Approximately €500,000 of projects have already been confirmed for the first quarter of 2026. Management is focusing on training internal staff, reducing reliance on freelancers, and improving internal efficiencies to support higher throughput and margin stability.