News
Proventis Partners advises German Translation Network AG on the acquisition of Lingua World GmbH
Munich, 05.05.2021 – Proventis Partners has exclusively advised German Translations Network AG (“GEtraNet”) on the acquisition of Lingua World GmbH (“Lingua World”).
The transaction
GEtraNet has acquired all shares in Lingua World, making it one of the TOP 10 German Language Service Providers (LSPs) and moving it into the TOP 100 LSPs worldwide. GEtraNet is taking over all German locations from Lingua World. The transaction was signed on April 30, 2021.
The role of Proventis Partners
Proventis Partners acted as exclusive M&A advisor to GEtraNet and initiated the acquisition of Lingua World. The advisory services mainly included the discussions and negotiations with the seller, the coordination of the due diligence as well as the structuring and negotiation of the economic terms of the implemented share deal. The Lingua World transaction is the tenth M&A transaction in which Proventis Partners has exclusively advised GEtraNet.
About Lingua World
Lingua World was founded in Cologne in 1997 by Nelly Kostadinova. The LSP is active in the fields of translation and interpreting for companies, public authorities and private clients. The company is known for delivering high-quality translations and is ISO 9001 and 17100 certified. Lingua World has grown rapidly over the past decade and its brand identity has made it a well-known name in the language services market. More information about Lingua World can be found at www.lingua-world.de.
About Proventis Partners
Proventis Partners is a partner-managed M&A advisory firm whose clients include a majority of medium-sized family-owned companies, group subsidiaries as well as private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the largest independent M&A advisors in the German-speaking region and looks back on 20 years of M&A experience and more than 300 completed transactions. The M&A consultants with offices in Zurich, Hamburg, Cologne and Munich are active in the sectors Industrials & Chemicals, Business Services, Consumer & Retail, TMT, Healthcare and Energy & Sustainability. The exclusive membership in Mergers Alliance – an international partnership of leading M&A specialists – enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The members of Mergers Alliance, with over 200 M&A professionals, provide Proventis Partners and thus its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa.