VSS Capital Partners (VSS), a private investment firm investing in the healthcare, business services, and education industries, has made a growth investment in GLOBO Language Solutions (GLOBO), a global provider of technology-enabled, on-demand interpretation services.
Financial terms of the private transaction have not been disclosed.
The growth investment by VSS – a firm with over three decades of experience investing in and building technology-enabled businesses – will be used to pursue additional organic and inorganic growth, expand service offerings into new sectors, and scale up to meet the increased demand for cloud-based language support services.
Delancey Street Partners and Royer Cooper Cohen Braunfeld served as advisors to GLOBO, while Proskauer Rose provided counsel to VSS.