The language industry is buzzing this week about HIG Capital’s purchase of Lionbridge. And no wonder. When a major private equity firm buys the largest publicly traded translation and localization company in the United States, it’s big news for everyone in the language business.
But the purchase of Lionbridge isn’t an isolated incident. It’s part of a growing trend in which private equity firms are starting to invest heavily in the language segment. Other leading localization companies — including Moravia, Welocalize and more — have also been acquired by private equity firms.
In this episode of Globally Speaking, Renato and Michael discuss the Lionbridge purchase with both private equity and language industry leaders, including Paula Shannon, CSO and SVP at Lionbridge.
Topics covered include:
- What privatization means for Lionbridge
- Why language businesses are now seen as hot investments
- Why the acquisition trend is likely to continue
- Why private equity investments can benefit LSPs in general
To learn more about this program, go to www.globallyspeakingradio.com, where you can listen to and also download a full transcript of all episodes.