Find out about the latest mergers and acquisitions, as well as the latest rounds of investments in leading companies from translation services to language technology
Combined firm to be led by Traktat CEO Aleksey Shesterikov. Rebranding planned for 2018. Lack of organic growth opportunities main driver behind the merger. SmartCat to be new firm’s translation productivity tool. Choice of TMS still to be determined. Continue reading
Newly created company Valiant Integrated Services buys government services unit from outsourcing company ABM for USD 35.5m. The deal nets Valiant a number of large translation and interpretation contracts with the US Department of Defense. Continue reading
Finnish language service provider Transfluent nets nearly EUR 0.7m in crowdfunding campaign. Investor Q&A reveals interesting insights into how a small LSP plans to grow and differentiate itself in a highly competitive market. Continue reading
At SlatorCon London, venture capitalist Marcus Polke shares the patterns he sees driving the next innovation cycle in language services. LSPs will have to get ready to service new sets of clients demanding entirely new services. Continue reading
Remote simultaneous interpretation startup Interprefy adds another CHF 0.85m in funding in third financing round in less than 18 months. While the company appears to get traction in the markets, it faces opinionated opposition from the interpreter community. Continue reading
Online translation startup Motaword and localization platform Qordoba raise funds. Qordoba gets a USD 5m investment while Motaword’s EUR 0.5m round values the company at EUR 10m. Continue reading
The language services industry is experiencing an M&A boom with over 50 acquisitions announced since the beginning of 2016. At SlatorCon London, investment banker Simon Baertl shared his view on why dealmakers like the industry. Continue reading
After an introduction by Common Sense Advisory in early 2015, Amplexor and Sajan set off for a two-year negotiation marathon that saw the deal nearly falling apart at one point. Amplexor CEO Evenepoel on why he wants to do M&A in Japan and how the industry cannot continue to get paid less for better work. Continue reading
Dublin-based game localizer Keywords Studios acquires North Carolina’s XLOC for USD 0.9m. XLOC team will be folded into the company and its founders will stay on. Continue reading
Dutch LSP Concorde continues to grow through small tuck-in acquisitions, buying small financial translation agency BB&TW and cloud translation platform LiveWords; puts 2016 group revenues at EUR 30m. Continue reading
Private equity firm CataCap acquires majority stake in Danish language service provider LanguageWire. Deal values company at about USD 29.5m, according to news reports. Founder Henrik Lottrup to stay on as CEO and retain 30% equity. Continue reading
In its first major transaction since its 2015 private equity investment, Sweden’s Semantix acquires Denmark’s TextMinded. Deal lifts Semantix revenues comfortably above USD 100m, putting more distance between the LSP and its Nordic rivals. Continue reading
Another publicly listed language service provider goes private as Luxembourg’s Amplexor buys into the US market by acquiring Sajan for 1x revenues. Continue reading
Finnish language service provider Transfluent targets raising at least EUR 0.6m at a EUR 8m valuation through a crowdfunding platform. Over 70 investors have signed up, so far, believing the company can deliver on its hockey stick growth projections. Continue reading
After setting up a holding company at the start of 2017, Arancho Doc buys Italian language service provider Soget. Chief Strategy Officer Roberto Ganzerli does not rule out taking on outside investment, confirms they are looking to do more deals. Continue reading
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