Armstrong supports Mobeus’ investment in The Translation People
Armstrong is pleased to have provided Commercial Due Diligence (CDD) in support of Mobeus Equity Partners’ investment in The Translation People, a leading Language Service Provider (LSP).
With over 40 years of experience, The Translation People delivers B2B translation services to global brands and SMEs using a combination of proprietary and third-party technology alongside a network of international linguists. Headquartered in Manchester, the business also operates from various locations across the UK, Germany and France.
The language services market is continuing to grow due to the increasing globalisation of businesses and The Translation People is well placed to deliver often mission critical services to its growing customer base. The investment from Mobeus will enable the business to fulfil its ambitious buy-and-build strategy within the highly fragmented market.
Armstrong provided full Commercial Due Diligence (CDD) including in-depth interviews with The Translation People’s customers, alongside market experts including language services advisors and competitors. Our commercial strategy work looked at market trends and assessed possible strategies for growth, as well as providing a detailed analysis of the competitive and technological landscapes.
Jordan Kay, Investment Manager at Mobeus said, “It was a pleasure working with Peter, Jack and the whole Armstrong team, they were flexible and responsive providing us with a thorough and high-quality CDD report. We selected Armstrong for their expertise in the language services space and extensive understanding of the value drivers in this sector.”
Jack Hibbs, Engagement Manager at Armstrong, added, “We really enjoyed working with The Translation People and Mobeus, and are delighted to have assisted with the transaction. Feedback on the business was excellent and our research helped validate both the organic and buy-and-build opportunities. We think the business will go from strength to strength.”
For more information or to find out Armstrong’s views on opportunities in the language services sector please contact:
Jack Hibbs, Engagement ManagerEmail Jack