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.

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