Straker’s Growth Slows as Enterprise Shift Subdues Third Quarter FY 2020 Results
New Zealand-headquartered LSP Straker Translations grew 2% in the three months to December 2019; says longer lead times for enterprise customers subdued progress.
New Zealand-headquartered LSP Straker Translations grew 2% in the three months to December 2019; says longer lead times for enterprise customers subdued progress.
Download the Slator 2019 Language Industry M&A and Funding Report — an in-depth summary and analysis of the 60 language industry M&A and 15 start-up and tech funding rounds.
Straker Translations holds investor call to announce first-half 2020 results; eyes more acquisitions and strikes partnership with AppTek to expand media localization offering.
Australia-listed LSP Straker provided an update to shareholders on its enterprise client drive, AppTek partnership and media loc push, and double digit top line growth
Nearly 300 small LSPs on Straker Translations’ M&A radar as the company provides strategy update at AGM. Shares rally as investors seem confident in buy-and-build plans.
In its latest deal, Straker Translations could pay up to USD 2.1m for Spain-based boutique language service provider, On Global Language Marketing, to expand its presence in Europe.
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business.
Australia-listed LSP Straker Translations posts Q4 2019 earnings for period ending March 31, 2019. Sales up 48% on acquisitions, full-year revenues on track for USD 16.6m.
The Slator Language Industry Job Index (LIJI) tracks how employment activity is trending across the global language industry and climbed slightly in March 2019.
Straker Translations continues to bolt on niche language service providers as it acquires Spain’s COM Translations.
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