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.
Why are investments in the language sector on the rise? How will they impact our industry? What does it mean for LSPs and other companies in the language industry?
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 listen to the episode, click “play” in the player below. You can also listen and subscribe to the podcast on iTunes, Google Play (USA or Canada), Stitcher, or via RSS.
Globally Speaking Radio, sponsored by RWS Moravia and Nimdzi.
