Naxicap exits European language service provider Acolad. Private equity fund Qualium Investissement takes minority stake as Acolad CEO’s family reinvests to become majority owner.
Serial acquirer Acolad buys Livewords in a move to further consolidate the language industry in Western Europe.
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business.
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.
The Slator 2019 Language Service Provider Index features the largest LSPs in a Leaders Index and the midfield in a Challengers Index.
Paris-headquartered Technicis folds 9 of its 12 brands into newly created Acolad Group. After 2018 M&A spree, group’s revenue base now over 2.5 times larger than in 2017.
Download Slator’s 2018 Language Industry M&A and Funding Report — an in-depth summary and analysis of the 48 language industry mergers and acquisitions and ten startup funding rounds Slator covered in 2018.
PE-backed Technicis acquires Finland’s AAC Global, pushes into lucrative Nordic market. Deal marks fourth acquisition in 2018, putting Technicis on track for nearly USD 140 million in 2018 pro-forma revenues.
CEO Benjamin du Fraysseix lives up to his reputation as one of the language industry’s busiest dealmakers by buying Belgian rival Telelingua. Combined group revenues to exceed USD 100 million in 2018.
Language industry deal maker Technicis acquires rival HL Trad in second acquisition in three months. Bringing the France-based, Legal and Financial LSP into its fold lifts Technicis to pro-forma revenues of nearly USD 80m.
Translation-Probst has a new Managing Director for Switzerland; Craft Translation, a new Director of Vendor Management for the McCann Group in London; and HL Trad, a new Head of Business Development for Germany.
Appointees at Lingotek, SDL, Anzu Global, and Elanex share their insights on an industry they describe as “a small world” that is “ripe for disruption.” This is the week in language industry hires.
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