OXO Translations was a Canadian company looking to expand into the South American market to find lower cost production facilities for their Spanish and Portuguese language requirements.. The owner contacted us to find a seller in South America. We presented seven sellers within the first month. They spoke with all of them and chose a few to meet with. They closed on one of the two companies within eight months.
OXO Translations – CASE STUDY OXO Translations - CASE STUDY
We were contacted by a private equity firm that was representing an interpreting company based out of Florida. They were looking specifically to buy ASL businesses on the East Coast of the US. We spoke with multiple ASL owners and presented five companies. Within six months, they had bought two ASL businesses: Clear Message Interpreting and ASLI.
Clear Message Interpreting and ASLI – CASE STUDY Clear Message Interpreting and ASLI - CASE STUDY
CCAPS was a localization company based out of Brazil. Clients included Oracle, SAP, VMWare and LinkedIn. Their average annual revenue was $2 million plus. The owner was looking to grow through a partnership or selling to a larger language vendor. We introduced him to five buyers and he received an offer from a North American vendor that he accepted. Given the complex international legal process, the deal was completed in one year.
CCAPS – CASE STUDY CCAPS - CASE STUDY
Digital Language Services had been in business for 25 years. Located in upstate New York, they did translation in over thirty languages with a vertical focus in automotive, medical and hospitality. The owner was looking to retire and a colleague referred them to us. We presented six buyers in the first four weeks and he closed on an offer after six months.
Digital Language Services – CASE STUDY Digital Language Services - CASE STUDY
Elanex had a staff of 35 with clients across the US, Europe and Asia and annual revenue around the $6 million. Their vertical translation focus was technology, energy and financial translations. They also provided over-the-phone interpretation services. The company had multiple shareholders and was losing money. They were looking for a buyer that could ‘right the ship’. Working with us, they spoke to four buyers within the first month, received two offers and closed on one within three months timeframe.
Elanex – CASE STUDY Elanex
I worked with Michael Klinger and he was able to help me sell my language business within four months. Within a few weeks, he presented five interested buyers. We had discussions with all of them, received offers from three of them and went with the highest bidder and best fit. I found Michael to be knowledgeable, honest and supportive during the process. He made insightful suggestions, helped with the negotiations and attended the ‘closing’. Would be glad to recommend Michael Klinger and Language Transactions if you are looking to sell your LSP
Philip Morgan – TESTIMONIAL Owner - ABLE Innovations, LLC
We first contacted Mike in June 2016. Within days, he introduced us to several interested parties, and to date we have been contacted by seven potential. So far, have received two offers and are waiting on two additional LOIs(letters of intent). Michael has been easy to work with, is honest, efficient and knowledgeable. He has helped with the negotiation process, provided insight into the strategic requirements of the ‘buyers’ and been pro-active in communication with us and keeping the buyers engaged. If you are considering selling your language business, I would highly recommend working with Michael/Language Transactions. He gets results.
Walter Hartmann – TESTIMONIAL President - Digital Language Services
Mike is extremely focused, very knowledgeable, resourceful, smart and efficient. He has also built a vast network within the Localization/Internationalization industry, all of which allows him to find the right match promptly. He is definitely a great resource for owners/employers.
Florence Lefebvre – TESTIMONIAL Enterprise Program Director - Experis
Mike Klinger was introduced to me through a mutual contact in the localization industry. At the time, I was exploring options for selling the multi-lingual social media analytics firm I had started three years earlier. Mike was completely focused and professional through the entire process. We checked in and spoke regularly, and he explored every avenue or idea we came up with. We ended up being acquired by a mid-size LSP for terms that were very much what we were looking for. From a legal and process perspective, Mike truly added value and made the transaction seamless. I would highly recommend Mike and Language Transactions to anyone looking to sell their firm, as well as anyone looking to buy a company. He will be the first person I call the next time I am looking to buy or sell a business.
Matt Grotenstein – TESTIMONIAL Vice President Client Development - Acclaro
I have worked with Mike Klinger in the area of buying and selling language businesses. He has presented several companies for me to speak with. Have found Mike to be well connected and knowledgeable about the language industry and helpful in finding companies to speak with. Would not hesitate to recommend him for people looking to buy or sell a language business.
Kimon Fountoukidis – TESTIMONIAL CEO - Argos Multilingual
Mike reached out to me regarding his language brokerage services business. Once I expressed interest, we took the time to review my company offerings and capabilities. He was able to refer multiple buyers within the first month. He also advised me during the process to facilitate the purchase of my company. I will always be thankful for his integrity, professionalism and availability negotiating the sale of my business.
Nicole Rodgers – TESTIMONIAL Languages by Nicole