Traductions Serge Bélair (TRSB), a portfolio company of HKW, has acquired Anglocom, a language services provider. The buy of Anglocom is the first add-on acquisition for TRSB since being acquired by HKW in December 2019.
Anglocom is a full-service translation company that provides French and English translators to its corporate customers in the advertising, government, ministries, financial institutions, universities, museums, and retailer sectors.
In addition to its translation services, the company also provides copy editing, proofreading and adaption (localization) services. Anglocom was founded in 1993 and is headquartered 160 miles northeast of Montreal in Quebec City.
Montreal-headquartered TRSB provides its translation services – in more than 100 languages – to corporate and institutional customers that are active in highly regulated verticals including finance, insurance, and life sciences. The company also provides additional services including copy editing and proofreading, desktop publishing, audio/video transcription, subtitling and voiceover.
TRSB, founded in 1987 by Serge Bélair, has more than 250 employees and is led by CEO Mary Kazamias.
“We are proud to welcome Anglocom to the TRSB family,” said Ms. Kazamias. “Anglocom’s talent and professionalism align well with TRSB and strengthens our service offering. We are excited by how the expansion of services can benefit our clients.”
“The partnership between TRSB and Anglocom further compliments TRSB’s footprint in the translation industry,” said Michael Terrell, a senior associate at HKW. “As the first add-on acquisition for TRSB, this supports our M&A growth strategy to fulfill client demand in the translation industry.”
HKW (formerly Hammond, Kennedy, Whitney & Company) invests in companies in the business services and health & wellness sectors that have EBITDA between $5 million and $30 million. In October 2019, the firm announced a final above-target close of HKW Capital Partners V LP with total commitments of $365 million. Since 1982, HKW has acquired 64 North America-based lower middle-market platform companies and closed 71 add-on acquisitions. The firm was founded in 1903 and is headquartered in Indianapolis with an additional office in New York City.
Private Equity Professional | May 25, 2021