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TransPerfect completes acquisition of Content Lab to enhance studio presence in Africa

Apr 24, 2024•over 1 year ago

Acquiring Company

TransPerfect

Acquired Company

Content Lab

New YorkCape Towntranslation & localizationInformation TechnologyLanguage LearningAudio

Description

TransPerfect, the world's largest provider of language and AI solutions for global business, has acquired Content Lab, a leading South Africa-based provider of audiovisual localization services for media and entertainment clients. As part of the acquisition, Content Lab will become TransPerfect Media South Africa, expanding TransPerfect's studio presence in Africa and augmenting its capabilities to provide locally based services to clients in the region.

Company Information

Company

TransPerfect

Location

3 Park Avenue

New York, New York, United States

About

TransPerfect is the world's largest provider of language and AI solutions for global business. From offices in over 140 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect's GlobalLink® technology to simplify the management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed