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TransPerfect Acquires Sterling Technology

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European Leading provider of virtual data room (VDR) solutions joins language and technology industry leaders

New York When London, August 29, 2022 /PRNewswire/ — TransPerfect, the world’s largest provider of language and technology solutions for global business, today announced that it has acquired UK-based Sterling Technology. European A leading provider of VDR solutions for securely sharing content, automating business processes, and collaborating for high-stakes deals. Financial terms of the transaction were not disclosed.

Sterling’s VDR solution enables seamless file sharing and content collaboration between all participants, providing best-in-class security and unmatched end-to-end support while increasing productivity and accelerating trade schedules To do. The company has helped users in over 187 countries and 90 industries complete thousands of successful transactions. With offices in seven of Europe’s major financial centres, Sterling is trusted to provide an exceptional level of service in the most important transactions for M&A, corporate development, real estate, capital markets, private capital, banking and the legal community. increase.

Sterling continues to be led by CEO Jeff KeatingHe will join TransPerfect’s senior management team, along with the rest of the company’s management team. Keating has been CEO since 2008, and Sterling has helped propel the company to market-leading positions both before and after its separation from Financial His Print.

Keating commented: our business. “Being part of a much larger and more successful global company will increase our business and employee growth opportunities, as well as provide access to new markets,” said Keating. For our customers and users, Sterling will continue to offer the same premium virtual data room solutions – and the superior service they expect from us.”

TransPerfect President and CEO Phil Shaw “We have appreciated Sterling’s strong reputation and leadership position in Europe. There is no room for.We welcome everyone in Sterling to the TransPerfect family.”

TransPerfect was advised on the transaction by CDX Advisors and law firms Baker Botts and Simons Muirhead Burton. Sterling is represented by RSM UK, Ward Hadaway.

About Sterling

Sterling Technology is Europe’s leading virtual data room (VDR) solution for secure content sharing, business process automation and collaboration for M&A, corporate development, real estate, capital markets, private capital, banking and legal. Provider. Sterling has supported the capital and M&A markets for over 30 years, initially providing financial printing services. Since opening his first VDR in 2010, he has helped customers and users in over 187 countries and 90 industries successfully complete thousands of transactions. With offices in seven of Europe’s major financial centres, Sterling is trusted by clients and users to deliver an exceptional level of service on their most important transactions.

About Transperfect

TransPerfect is the world’s largest provider of language and technology solutions for global business. TransPerfect provides clients worldwide with a full range of services in over 200 languages ​​from his offices in over 100 cities on six continents. Over 6,000 Global Organizations Use TransPerfect’s GlobalLink® Technology that simplifies the management of multilingual content. With an unparalleled commitment to quality and customer service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect’s global headquarters are New Yorkregional headquarters London When Hong KongFor more information, please visit our website www.transperfect.com.

Source TransPerfect

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