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DEMAN Übersetzungen has been snapping up small LSPs around Europe, but its latest France-based acquisition has a Korean hub as well; CEO on plans to double sales and further M&A in 2022.
Across Systems sells to Volaris Group. Managing Director Gerd Janiszewski on the timing behind the deal, his candid take on the TMS market, and the M&A and funding wave sweeping across the segment.
Argos Multilingual completed both a rigorous online training session on the key new features of version 7 and a comprehensive system check to get certified
Transfluent names a Chief Operating and Marketing Officer, Mother Tongue adds a Business Director and Program Manager, Across Systems appoints a Head of Sales, and Lexallo hires a Marketing Director.
Slator’s inaugural comprehensive language industry market report. It examines total market size, the 10 main end-buyer industries, competitive landscape, productivity tech, NMT and much more.
Germany-headquartered LSP Transline Gruppe buys Italy-based Interlanguage and local rival Medax, gains medical, video and marketing translation expertise.
Italian language industry association AITI conducted a survey of over 500 translators and interpreters, and published its findings on rates, income and technology use, and more.
Private equity owned Wieners+Wieners/Apostroph Group continues its Buy and Build strategy focused on the so called D-A-CH region and acquires med-tech focused LSP LÓPEZ-EBRI. CEO projects pro-forma revenues 2018 to come in just under USD 30m.
Another Swiss-based language service provider changes hands as more and more outside competitors move into the high-priced Swiss market. Apostroph CEO Philipp Meier to remain and become shareholder in combined group.
More than half the tools used by technical translators in Germany are developed by SDL; while challengers, such as Kilgray and Across, also make a strong showing. More recent entrants into translation productivity market almost entirely absent.
In first transaction since bringing on Austrian private equity fund, Transline buys out translation unit of marketing agency KE-Communication. Founder and CEO tells Slator deal kicks off buy-and-build strategy and comments on Across hiring a senior Transline manager as CEO.
Translation management system SmartCAT, a spinoff from ABBYY Language Solutions, closes USD-2.8m seed round from venture fund with ties to Russia’s largest Internet company.
London’s translate plus releases results for 2015 financial year with revenues broadly flat and EBITDA slightly down. Director Robert Timms says current financial year to deliver strong top and bottom line growth when the books are closed end of August 2016
Hamburg-based advertising and marketing language service provider Wieners+Wieners sells majority stake to private equity firm ECM. Former Managing Partner and now Member of the Advisory Board Hermann Wendelstadt tells Slator the company is not in a hurry to do deals but acquisition focus will be on Germany, Austria, and Switzerland.
Debut deal for Spain’s SeproTec as it buys Krakow-based Lidolang in bid to expand production. SeproTec CEO Juan Julián León discusses the rationale behind the acquisition and his plans for the combined group.
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