08/05/2021 | Press release | Distributed by Public on 08/05/2021 08:37
William Blair acted as the exclusive financial advisor to Semantix, a portfolio company of Segulah Private Equity, in connection with its sale to TransPerfect. The transaction closed on July 30th, 2021.
Transaction Highlights
About the Companies
Semantix is a Stockholm-based, Nordic market leader for language technology solutions, focusing on providing multilingual services like core translation, localization, content enhancement and workflow optimization. The company also provides on-site, phone, video and on-demand interpreting, as well as business and conference interpreting. Semantix has been a successful consolidator and integrator of the Language Solutions market, particularly in the Nordics, with 13 acquisitions since 2007. It employs over 300 FTEs across 13 offices. Semantix was acquired by Segulah in 2015.
TransPerfect is a privately held language services provider, offering a full range of language and business services including translation, interpretation, website localization, subtitling/voiceovers, multicultural marketing, diversity and inclusion consulting, deposition services, and litigation support. Founded in 1992, the company is based in New York, USA. Employing over 6,000 people in its offices across 104 cities and six continents, TransPerfect is the world's largest provider of language services.