United Language Group Promotes Nicolas McMahon to CEO
Nicolas McMahon takes over from Kristen Giovanis as CEO of United Language Group (ULG). Talks about core Translation and Interpretation business lines, adding a new unit.
Nicolas McMahon takes over from Kristen Giovanis as CEO of United Language Group (ULG). Talks about core Translation and Interpretation business lines, adding a new unit.
Investment firm Yukon Partners among the group of financial backers behind the newly formed United Language Group. Shopping spree starts with acquisition of Minneapolis-based language services provider KJ International.
Another language service provider goes to private equity, as Northern Pacific Group emerges as the financier behind the Merrill Translations buyout. The M&A race for mid-sized LSPs is set to heat up.
According to an internal staff memo, Merrill Corp. is selling its translations unit as it continues drive to shed non-core businesses. Head of the new standalone company is said to be Jeff Brink, who originally founded the translation service provider.
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