TransPerfect was advised on the deal by CDX Advisors and law firms Baker Botts and Vinge. Semantix’s majority shareholder, Segulah Fund V, was represented by William Blair International and Kanter Advokatbyrå.
TransPerfect, the world’s largest provider of language and technology solutions for global business, announced that it will merge operations with Semantix, the Nordics’ largest provider of translation and interpretation services, through the acquisition of the group’s parent entity, Semantix International Group AB. Financial terms of the transaction were not disclosed.
Semantix has a long history in the language industry and has completed numerous acquisitions in the Nordics that have propelled it to become the region’s largest language solutions organization by revenue. Semantix will operate as a division within the TransPerfect family of companies and will continue to be led by its current management team.
The combined company will boast the translation industry’s largest global footprint, most diverse customer base, and a headcount of more than 7,500 professionals worldwide. In keeping with TransPerfect’s M&A strategy, the TransPerfect–Semantix enterprise will focus on growing both businesses by sharing expertise and resources to better serve customers.
Semantix is the leading language services company in the Nordics, offering a broad range of multilingual services within translation and interpreting.
TransPerfect is the world’s largest provider of language and technology solutions for global business.
The Baker Botts team included Lee Charles (Picture), Derek Jones, Inaya Homoud and Ella Ehrenberg-Peters.
Vinge’s team primarily consisted of responsible partner Anders Strid, Anna Jonsson (project manager), Magnus Hedsund, Wilhelm Stenvall, Christian Riddarbo, Emelie Svensäter Jerntorp, Selma Beganovic, Karin Gynnerstadt, Julia Söderdahl, Alexander Lindeberg, Anna Högsten, Gabriella Varga, Jakob Larsson Taghizadeh, Stina Karinsdotter and Erik Ax.
Involved fees earner: Lee Charles – Baker Botts LLP; Ella Ehrenberg-Peters – Baker Botts LLP; Inaya Homoud – Baker Botts LLP; Derek Jones – Baker Botts LLP; Erik Ax – Vinge; Selma Beganovic – Vinge; Karin Gynnerstedt – Vinge; Magnus Hedsund – Vinge; Anna Högsten – Vinge; Anna Jonsson – Vinge; Stina Karinsdotter – Vinge; Jakob Larsson Taghizadeh – Vinge; Alexander Lindeberg – Vinge; Christian Riddarbo – Vinge; Julia Söderdahl – Vinge; Wilhelm Stenvall – Vinge; Anders Strid – Vinge; Emelie Svensäter Jerntorp – Vinge; Gabriella Varga – Vinge;
Clients: TransPerfect Global Inc.;