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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’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.
SlatorCon tour took in four global cities across three continents in 2018 and featured a grand total of 35 speakers representing the full breadth of the language industry from startups, language technology and language service providers to the buy side, finance and academia.
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.
thebigword posts full-year 2018 revenues of nearly USD 100m and EBITDA of USD 5.9m, as growth is boosted by Ministry of Justice contract and defense business. Company launches new video remote interpreting (VRI) capabilities to expand interpretation offering.
Poland-based Summa Linguae spent USD 2m acquiring Kommunicera, an “almost identical” language service provider, to expand into the Nordics. CEO highlights investment in NMT, API integrations and Blockchain.
The Slator Language Industry Job Index (LIJI), launched in August 2018 to track how employment activity is trending across the global language industry, dipped slightly to 100.85 in November 2018 vs 102.69 the previous month.
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.
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.
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