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Kemp Little advises Moravia on the sale of a majority stake to Clarion Capital Partners

Kemp Little advised Moravia IT on the sale of a majority interest in the company to Clarion Capital Partners, a New York-based middle market private equity firm.

Moravia’s 2014 revenues exceeded USD 100 million, making the translation and localisation company the first in the language services industry to achieve the hundred-million–dollar milestone through organic growth alone.

Moravia’s services address the complex localisation demands of leading global brands and fast-growing companies, primarily in the IT and life science industry sectors. Moravia partners with its clients to succeed in global markets by adapting or sometimes recreating the client’s content to meet the specific linguistic, technical and cultural expectations of customers in each target market.
The Kemp Little team was led by corporate partner Glafkos Tombolis, with support from Deborah Angel (associate, corporate) and Amanda Solomon (head of tax).
 
Tumbles says: “the deal was not only interesting because of the many disciplines and jurisdictions involved, but also very satisfying thanks to the high degree of co-operation between the principals and their advisers. A key focus of the firm is cross-border PE deals involving service-based businesses, so we’re obviously delighted to have advised on the Moravia transaction.”
 
Tomas Kratochvil, Moravia’s CEO commented “We’re proud to be the first localisation company to achieve USD 100 million organically—a milestone that’s even more significant for a privately-held firm. The market has clearly embraced Moravia’s philosophy of hand-selecting and cultivating our talents, offerings, and engagements, along with our commitment to customise solutions for every client. We look forward to continuing our existing strategy with Clarion.” 

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