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Propio Language Services Acquires Telelanguage To Become One Of The World’S Largest Interpreting Companies

Aug 04, 2022•over 3 years ago

Acquiring Company

Propio

Acquired Company

Telelanguage

WashingtonSoftwareGaming

Description

Propio Language Services (Propio) a technology-enabled interpreting and translation service provider, today announced the acquisition of Telelanguage, a Portland-based enterprise language service provider specializing in remote interpreting. With this acquisition, Propio becomes one of the world’s five largest remote interpreting companies by volume.

Company Information

Company

Propio

Location

Mastin St

Washington, District Of Columbia, United States

About

Founded in 1998, Propio Language Services is an industry leader in phone, video, and in-person interpretation, as well as document translation services. Propio offers superior interpreter quality to its clients and uses technology-oriented solutions to drive the highest value in the industry. To learn more, visit Propio-LS.com.

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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