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
M&A and Funding
Lilt Raised USD 25m Just Before Pandemic Hit
Tech-enabled LSP Lilt raised USD 25m just in time before Covid-19 disruption. CEO Spence Green talks about how they plan to expand within the enterprise and which MT trends excite him most. Continue reading
Australia’s Ai-Media Buys US-based ASL Interpreting Provider ACS
Sydney’s Ai-Media acquires Chicago’s ACS following USD 6.7m funding round. Ai-Media CEO Tony Abrahams says deal will complement company’s rapid organic sales growth in North America. Continue reading
Media Localizer Plint Sells Majority to PE Firm Priveq
Sweden-based private equity firm Priveq takes a majority stake in media localizer Plint. Plans to invest funds primarily in organic growth. Continue reading
A Language Industry Investor’s View on the Coronavirus Crisis
Piotr Misztal, Partner at Summa Linguae’s private equity backer V4C, shares his views on the current crisis and what steps company management should take right now. Continue reading
Advertisement
Canada’s OXO Innovation Buys Local Rival Communications Transcript
In Canada, language service provider OXO Innovation acquires local rival Communications Transcript to boost presence in Québec. Continue reading
Cloudbreak, Owner of Remote Interpreting System Martti, Raises USD 10M
Columbia Partners Private Capital to take minority stake and invest USD 10m in US telehealth platform Cloudbreak Health, owner of remote interpreting system Martti. Continue reading
Capita Plans to Sell Translation and Interpreting Business, UK Media Reports
At a price tag of GBP 200m+, UK outsourcing giant Capita plc is planning to sell nine of its Specialized Services business lines, including translation and interpreting. Continue reading
Straker Translations Pays USD 1.1 Million for New Zealand Rival NZTC
Australia-listed language service provider Straker Translations acquires New Zealand Translation Centre (NZTC) for USD 1.1m, or 0.4x revenues. Continue reading
Apostroph Group Tucks in Boutique Language Service Provider USG in Switzerland
DACH-region language service provider Apostroph Group acquires boutique rival USG Übersetzungs-Service AG in Switzerland in early 2020 deal. Continue reading
Advertisement
AMN Healthcare to Buy Interpreting Provider Stratus Video for USD 475 Million
After merging with US rival InDemand Interpreting, Florida-based remote interpreting company Stratus Video agrees to sell to AMN Healthcare for USD 475m. Continue reading
Russian LSP AWATERA Bolts on Remote Simultaneous Interpreting Platform SPEAKUS
Russia-based language service provider AWATERA has merged with remote simultaneous interpreting (RSI) startup SPEAKUS. Continue reading
Traductions Serge Bélair Appoints New CEO; Strikes Deal With Private Equity Investor
New partnership allows TRSB to enter the M&A race; founder takes on strategic role as longtime VP of Business Development Mary Kazamias is named CEO. Continue reading
Finnish Language Service Provider Transfluent Acquires Two Local Boutique LSPs
In Finland, LSP Transfluent acquires boutique providers Translatum and Navitep; cancels prior IPO plans to focus on growth. Continue reading
Advertisement
This information will never be shared with third parties. No Spam.