Overtaal Joins TransPerfect Family of Companies
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TransPerfect Acquires Netherlands-Based Provider of Language
Services
NEW YORK & UTRECHT, Netherlands--(Business Wire)--
TransPerfect, the largest privately held language services
provider in the world, today announced that it has completed an
acquisition of Overtaal, a Netherlands-based provider of translation
and language training services for the European Union, as well as
for a diverse range of legal, financial, and corporate clients. The
transaction expands TransPerfect's presence in Europe, bringing the
organization's total number of European offices to 14. Financial terms
of the deal were not disclosed.
Utrecht-based Overtaal will become a division of TransPerfect and
will continue to be led by current President, Geert Heijink, an
eight-year veteran of the localization industry. Heijink will remain
President of Overtaal and will also join TransPerfect's senior
management team. The original founder of the company, Louise Ross,
will continue to serve Overtaal in an advisory capacity.
Liz Elting, President and CEO of TransPerfect, stated, "For over a
decade, Overtaal has been one of Europe's leading language services
companies. We admire their ability to distinguish themselves
by offering high quality, quick turnaround, and a strong service
orientation--all qualities that we feel are consistent with our
corporate culture. I'm extremely excited to welcome the Overtaal team
to our family."
Geert Heijink, President of Overtaal, added, "Louise and I wanted
to see Overtaal continue to thrive, so finding a merger partner with
TransPerfect's impressive track record of retaining management,
employees, and clients was extremely important to us. Speaking for me
personally, as well as for the Overtaal team, there's a great deal of
excitement surrounding our decision to join forces with a fast-growing
global leader such as TransPerfect."
About Overtaal
Overtaal was founded in 1997 and has always had a strong emphasis
on serving the European Union. Serving customers in Netherlands and
abroad, Overtaal provides document translation services to the
European Union, other governmental institutions, and a range of
corporate clients, including SAP and Oracle. Overtaal's Language
Training Business Unit provides training services for companies and
institutions throughout the Netherlands. For more information please
visit www.overtaal.com.
About TransPerfect
TransPerfect is a family of companies including TransPerfect
Translations, Translations.com, and Deal Interactive, as well as
specialized Staffing, Deposition Services, Document Management,
Transcriptions, and Multicultural Marketing divisions. With 2007
annual revenue of $156 million and more than 750 full-time
employees, TransPerfect is the largest privately held language
services provider in the world. From over 50 offices on 4 continents,
TransPerfect offers a full range of services in over 100 languages to
multinationals worldwide. These services include translation,
interpretation, transcription, multilingual typesetting/graphic
services, staffing solutions, website globalization, software
localization, subtitling/voice-overs, multicultural marketing,
document management, and litigation support. With a network of over
4,000 linguists and subject-area specialists worldwide, TransPerfect
is the largest translation company to be fully ISO 9001:2000
certified. TransPerfect is headquartered in New York and has regional
headquarters in London and Hong Kong. For more information, please
visit our websites at www.transperfect.com and www.translations.com.
TransPerfect
Nathan Richards +1 212.689.5555 x262
or
Candy Moss +1 917.617.0448
mediainquiry@transperfect.com
Copyright Business Wire 2008
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