From technology, markets, and M&A to investment and the competitive landscape, the language industry leaders we interviewed in 2018 commented on a wide range of issues – here are our top picks. Continue reading
Grant Straker
After October IPO in Australia Straker Translations posts half-year results. Six months pro-forma revenues grew to USD 9.1m and adjusted EBITDA shows a slight profit. Company says their freelance English to French freelancers average 1,000 words per hour and earn USD 28 per hour. Continue reading
Shares in newly listed Straker Translations rise 13% from offer price in first week of trading after IPO on the Australian Stock Exchange, valuing the company at USD 62 million. Continue reading
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Straker Translations completed two acquisitions this summer to bulk up ahead of its planned October 22 initial public offering on the Australia Stock Exchange. Continue reading
New Zealand’s Straker Translations is on a roadshow to secure potential institutional investors for an Initial Public Offering on the Australian Stock Exchange next month that would value the USD 17m revenue LSP at a premium USD 57m. Continue reading
Armed with fresh private equity funds raised in late 2016, Straker Translations was looking for rivals that had fallen behind the tech curve. The addition of Elanex’s USD 4.3m in annual revenues lifts Straker to the USD 15m mark. Continue reading
Additional funding by private equity fund Bailador Investments brings Straker’s total funding since the start of 2015 to NZD 12m. CEO Grant Straker says company is planning an IPO in Australia in 2017. Continue reading
After closing two investment rounds for a combined USD 5m in late 2015, New Zealand’s Straker Translations expands in Europe; buys Dublin-based language service provider Eurotext. Plunet will now have to make way for Straker’s proprietary translation management system. Continue reading
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