LanguageLine Solutions

LanguageLine Solutions - the solution provider for synchronous translation since 1982 providing communication in any situation for people with limited knowledge of English and also to the deaf and hearing-impaired population.

For August, 2016 at the company more than 25,000 clients. LanguageLine Solutions provides access to linguists in more than 240 languages, 24/7/365. LanguageLine Solutions annually helps to be performed more than 32,000,000 telephone, video and personal interactions, with every second connections.

Performance Indicators

LanguageLine Solutions revenue for 2015 made 388 million US dollars, the corrected indicator of EBITDA - 147 mln. dollars of the USA.

2016: Teleperformance купит LanguageLine Solutions

In August, 2016 it became known that Teleperformance Group, the supplier of outsourcing of management of omnichannel client experience, reached the final agreement about acquisition and merger of LanguageLine Solutions LLC belonging to ABRY Partners and minority shareholders.

Development of the company - Olympus is the cloud language platform reinterpreting transfer 'on demand'. It provides interpreting and translation and localization by phone, video conference of InSight and personally and also bilingual personnel, testing and trainings for translators.

Total amount of the transaction after closing will be 1.522 billion US dollars. Absorption will be completely financed at the expense of the borrowed funds raised at Crédit Agricole, HSBC and Société Générale. Paul Hastings LLP and Linklaters LLP acted as legal advisors of Teleperformance in the course of absorption and attraction of financing respectively. Credit Suisse and Morgan Stanley acted as financial advisors of LanguageLine Solutions within the transaction, Kirkland & Ellis LLP – legal advisors.