Private equity firm CataCap Partner and LanguageWire Deputy Chairman tells SlatorCon Zurich 2018 why CataCap invested in the Danish language service provider and decided to back its recent acquisition of Xplanation.
Denmark’s LanguageWire buys Belgian-based Xplanation in deal that creates one of the largest diversified European language service providers. Combined 2018 revenues to come in at nearly USD 70m.
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.
LanguageWire acquires fellow Denmark-based software company Frontlab, adding additional feature to its proprietary TMS and productivity technology. LanguageWire CEO says LSPs that currently use Frontlab will not experience any difference.
Private equity firm CataCap acquires majority stake in Danish language service provider LanguageWire. Deal values company at about USD 29.5m, according to news reports. Founder Henrik Lottrup to stay on as CEO and retain 30% equity.
LanguageWire Founder Henrik Lottrup passes on CEO mantle to Søren Bech Justesen, who joined the company as CFO in 2019.
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