The Post-Deal Lives of Over 100 LSP Owners Who Sold Their Business
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business. Continue reading
Tag: Robert Timms
London LSP translate plus Acquired by World’s Third Largest Ad Agency Publicis
Fast-growing language service provider translate plus snapped up by Publicis Groupe’s production unit Prodigious. The move creates a competitive offering to WPP’s transcreation unit Hogarth. Continue reading
Over 2,000 Creditors File Claims Against Bankrupt Pearl Linguistics
Language Services Associates, Clarion, Premium Linguistic Services, and other language service providers as well as 2,000 linguists file claims. Filing indicates no assets remain to pay out LSPs... Continue reading
Earnings Jump Over 300% at London’s translate plus
Nine-year-old language service provider started by thebigword veteran reports 28% revenue growth and 315% jump in pre-tax earnings. Director Robert Timms on how MT is not cannibalizing volumes... Continue reading
Pearl Bankruptcy Leaves Linguists and Clients Scrambling
Accounting firm PwC appointed liquidator of bankrupt Pearl Linguistics. Creditor meeting to be held March 17, 2017 in London. Union representative blames government cost-cutting, while others... Continue reading
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translate plus on US trade mission as part of Mayor’s International Business Programme
translate plus directors Robert Timms and Per Severinsen to go on a week-long trade mission to Chicago and New York this September through the invitation of the Mayor of London’s International... Continue reading
Translate Plus projects 2015/16 growth at 28%, EBITDA to more than double
London’s translate plus releases results for 2015 financial year with revenues broadly flat and EBITDA slightly down. Director Robert Timms says current financial year to deliver strong top and... Continue reading
250 Million Pounds Up for Grabs in the Crown of Contracts
UK’s Crown Commercial Service rolls three existing government contracts into one and awards a four-year contract worth up to GBP 250m to 12 language service providers and one consortium. Continue reading
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