How was this text effect done?

Have a look at the effect on the opening text “” It looks like it is swinging with the center point in between the two words

It is not a motion tween as I tried using. It has to be a shape tween and I come close but some of the letters in the middle distort. The closest I came is to hold alt and get the text to scale but cannot get that swinging effect. The font must be broken apart which is the only way you can get the left side of the font bigger as I was only able to use a combination of free transform, distort and skew but it does not look the same as the original. It is in AS 2.0 but is it possible it was done with a plug in? Can someone recreate this ?