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05.07.23

Proventis Partners advised Lingua-World

München, 4. Juli – Proventis Partners berät Lingua World beim Verkauf an ElaN Languages.

The transaction

GTN Group AG has sold all shares of Lingua World to the Belgian language service provider ElaN Languages. In the transaction process, which was accompanied by Proventis Partners as M&A advisor, all shares were sold to ElaN in a share deal. The current CEO Tom Jordi Ruesch remains on board and will expand together with ElaN through acquisitions as part of a buy&build strategy.

The role of Proventis Partners

Proventis Partners successfully supported the shareholders as exclusive M&A advisor in the preparation and execution of the transaction, which was particularly characterized by the complex shareholder structure. The consulting services included the execution of a structured transaction process, the consolidation of the financials of the complex corporate structure, the preparation of marketing and transaction documents, the identification and approach of potential investors including management presentations as well as the support during due diligence and transaction negotiations. With this transaction, Proventis Partners was once again able to demonstrate its expertise and network in the field of language services as well as the execution of competitive processes. The Proventis Partners transaction team: Rainer Wieser (Partner, Munich) and Bastian Siefert (Analyst, Munich).

About Lingua World

Lingua World is a leading language service provider with a strong customer profile and first-class visibility in the German language market. Its strategic market position has been achieved through a long-standing quality-oriented buy & build strategy and industry-leading integration processes. As part of the transaction the GEtraNet Group companies were consolidated into Lingua World GmbH. About ElaN Languages.

About ElaN Languages

ElaN Languages has been a one-stop-shop for language services for over thirty years. Its core activities include specialized translation, copywriting, voice-over and subtitling with a strong use of technology platforms for these areas. Since 2022, the French financial investor Andera Partners has been invested in ElaN and supports ElaN in its further growth, including buy&build.

About Proventis Partners

Proventis Partners is a partner-led M&A advisory firm with a focus on mid-sized family businesses, corporate subsidiaries and Private Equity funds. With more than 40 M&A advisors, Proventis Partners is one of the largest independent M&A advisors in the German-speaking region and can look back on more than 20 years of M&A experience and more than 450 completed transactions. The M&A advisors with offices in Düsseldorf, Hamburg, Munich and Zurich are active in the sectors Industrials, Chemicals, Business Services, Consumer & Retail, as well as IT & Media. 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. Mergers Alliance members, with more than 250 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.