Bison Capital Partners V, Lp Announces Investment In FTR Group PTY Ltd.
Denver, CO (July 6, 2020) – Bison Capital Partners V, LP (“Bison Capital”) has announced a recapitalization investment in FTR Group Pty Ltd. (“FTR” or the “Company”), operator of For The Record, a global leader in digital court recording technology and Auscript, a leading recording and transcription services provider in Australia & the United Kingdom.
For The Record provides digital recording solutions to courtrooms including the sale and installation of hardware, software, and content management solutions. For The Record has long been regarded as the industry standard in digital courtroom recording technology worldwide and its hardware and software is installed in 62 countries, including approximately two‐thirds of all courtrooms in the US. For The Record
has developed technology to allow for high‐quality audio capture in a courtroom environment that can be processed through speech‐to‐text engines to generate an automated digital transcript with over 90% accuracy.
About FTR
FTR, comprised of US‐based For The Record and Australia‐based Auscript, has revolutionized traditional court recording and transcription processes.
Today, For The Record boasts more than 30,000 digital recording installations across 62 countries. At Auscript, more than 2.5 million pages are transcribed each year, and clients record more than 20 million hours of audio recordings. With cutting-edge technology and forward-thinking, FTR is delivering unprecedented levels of access to the court record as well as developing a remote justice solution to revolutionize the way in which trials and hearings are held. For more information visit
www.fortherecord.com or www.auscript.com.
ABOUT BISON CAPITAL
Bison Capital is a Los Angeles and New York based private equity firm that makes growth capital investments in middle‐market companies, public or private, for expansion, acquisitions, and balance sheet recapitalizations. The firm’s primary investment focus is partnering with entrepreneurs and management teams seeking capital to grow their businesses. www.bisoncapital.com
