UK – TransPerfect, a NYC-based provider of language and technology solutions for global business, acquired Sterling Technology, a UK-based provider of VDR solutions for secure sharing of content, business process automation, and collaboration for high-stakes dealmaking.
The financial terms of the transaction were not disclosed.Sterling’s VDR solutions enable file sharing and content collaboration among all participants, increasing productivity and accelerating deal timelines while delivering best-in-class security and unrivaled end-to-end support. The company has helped users from over 187 countries and 90 industries complete thousands of deals. With offices in seven major European financial centers, Sterling is used to deliver high levels of service on the most critical transactions for the M&A, corporate development, real estate, capital markets, private capital, banking, and legal communities.Sterling will continue to be led by CEO Geoff Keating, who, along with the rest of the company’s leadership, will join TransPerfect’s senior management team. Led by President and CEO Phil Shawe, TransPerfect is a provider of language and technology solutions for global business. From offices in over 100 cities on six continents, the company 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 management of multilingual content. The company has global headquarters in New York, with regional headquarters in London and Hong Kong. 29/08/2022
