Sale of thebigword Group Limited to Susquehanna Private Capital
IndustryTechnology & Media
Founded in 1980 and headquartered in Leeds, thebigword is a global language technology company. The company has developed the leading automated translation platform, Wordsynk, and has more than 15,000 linguists translating in excess of one billion words each year for over 3,200 clients. Clients include the UK, EU and US governments, NATO members worldwide, and some of the largest companies globally.
BDO advised on the successful completion of the sale of thebigword Group Limited to Susquehanna Private Capital (SPC), an Israeli/US Private Capital fund. The deal saw the Chairman exit the business after founding it 41 years ago.
“After carefully considering what we required out of our M&A advisers, we undertook a robust process which ended with the selection of BDO. BDO did an excellent job of supporting us and walking us through the complexities of the M&A process. Their expertise, daily commitment, and creativity were essential to getting a great deal done.”
Josh Gould, CEO, thebigword Group
“It was great working with the Chairman and management team to deliver this transaction. It is an exciting time for the business and SPC’s investment will allow it to further develop its market leading multilingual communication platform “WordSynk”, accelerate growth across its core vertical markets and access interesting M&A opportunities. I wish the team every success in the future.”
Jason Whitworth, Partner, BDO