Straker buys Eurotext, talks IPO

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.

For the full article, CLICK HERE

More Portfolio News

Stackla launches Co-Pilot

Bailador portfolio company Stackla has launched Co-Pilot, using machine learning to curate User Generated Content.
Read more

SiteMinder attending HITEC Toronto 2017

SiteMinder will be at the world's largest hospitality technology show
Read more

Rezdy participates in IPW Washington

Rezdy drives its US expansion with a first time showing at the IPW conference in Washington
Read more