Auckland New Zealand -
Auckland based Straker Translations has bought Dublin company Eurotext Translations - which, with immediate effect, is changing its name to Eurotext-Straker Translations.
A price hasn't been put on the deal but STraker ealier raised $6 million in a round led by David Kirk's Bailador, with the money earmarked for acquisitions.
Founder and chief executive Grant Straker says five more buyout targets are being lined up, with another two deals possible by the end of the financial year.
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Open source data platform firm Instaclustr has closed a $7m investment round led by Bailador Technology Investments, the firm founded by ex-Fairfax chief David Kirk.
Paul Smith in the Australian Financial Review interviews Grant Straker of Straker Translations about their recent acquisitions and plans for a 2017 ASX IPO.
Chris Keal of National Business Review New Zealand interviews Grant Straker about Straker Translations' recent acquisition of Dublin based Eurotext Translations