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
Tag: Grant Straker
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. Continue reading
Top Language Industry Quotes of 2019
From technology, markets, and M&A to investment and the competitive landscape, the language industry leaders we interviewed in 2019 commented on a wide range of issues. Here are our top picks. Continue reading
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Straker Tucks in Spain’s On Global as It Continues to Buy Boutique LSPs
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. Continue reading
Straker FY2019 Revenues Beat Forecast as Losses Narrow
Less red ink at New Zealand’s Straker Translations as annual revenues rise to USD 16.1m on the back of M&A-driven and organic growth. Continue reading
Straker Translations Shares Up 10% on Quarterly Results
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. Continue reading
Straker Acquires Madrid-based COM Translations
Straker Translations continues to bolt on niche language service providers as it acquires Spain’s COM Translations. Continue reading
Language Industry Top Quotes of 2018
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
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Straker Says Their English to French Translators Now Average 1,000 Words Per Hour
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... Continue reading
After IPO, Straker Shares Rise in First Week of Trading
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
Straker Translations Bought Eule and MSS This Summer Ahead of Upcoming Australia IPO
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
Straker Translations on Track for USD 57 Million IPO in Australia
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... Continue reading
Straker Translations Snaps Up Elanex
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... Continue reading
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