Semantix acquires add-on company
Semantix, the Nordic region’s leading provider of professional language and communications services, is acquiring AAC Global´s conference interpreting business. The acquisition will allow Semantix to solidify its position as the Swedish market leader in business and conference interpreting.
The market for professional language and communication services is expected to grow over the next few years, in part as a result of internationalization and the increase in cross-border business relationships. The exchange of expertise, networks, and customer relationships between Semantix and AAC Global creates prospects for continued organic growth for Semantix and the business and conference interpreting business area.
Semantix is part of Litorina III´s portfolio.
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| Fund | Litorina Kapital III LP Argentum share 8.7% |
| Portfolio Company | Semantix |
| Date of Transaction | 2010-05-27 |
| Transaction | Add-on |
| Seller | |
| Buyer | |
| Size of Transaction | |
| Ind. Focus | Other |
| Geography | Sweden |
| Stage | Small/mid-cap buyout |