CHARLOTTE, N.C., July 23, 2018 /PRNewswire/ -- DecisionPoint,
a leader in M&A advisory services for middle-market technology
companies, advised Donnelley Financial Solutions (NYSE: DFIN) on
the sale of its Language Solutions business to SDL (LSE: SDL.L), a
language services and technology provider, for $77.5 million in cash.
Donnelley Language Solutions employs approximately 400 people
and has offices in over 15 countries, providing SDL with new
locations in the financial hubs of London, New
York and Hong Kong, as well
as a 100-person office in Madrid.
Christophe Djaouani and Nicolas Bosovsky, who have led Donnelley
Language Solutions for over a decade, are expected to join SDL as
Senior Vice President and VP of Operations respectively.
DecisionPoint was engaged by Donnelley Financial Solutions to
explore a sale of its Language Solutions business.
"DecisionPoint played an integral role in the success of this
transaction for Donnelley Financial Solutions," said Brandon Benkendorf, vice president of Corporate
Development at Donnelley Financial Solutions. "The firm
quickly forged strong relationships across a broad group of
stakeholders and maintained a thorough, detailed approach
throughout the process, which was paramount given the
complexity."
"As the buyer, we appreciated the professionalism of the end to
end process run by DecisionPoint," said Alexandra Jarvis, vice president of Corporate
Development at SDL plc. "As a carve-out transaction, both sides had
to work together closely with a real focus on detail and getting
things done. We are grateful for the responsiveness, pragmatism and
momentum that DecisionPoint provided throughout."
About DecisionPoint
DecisionPoint is a unique leader in M&A advisory services for
middle-market technology companies and their venture capital
investors in the software, services, cleantech, biotech, healthcare
IT and communication sectors. For additional information on
DecisionPoint, visit www.DecisionPointINT.com
For further information, contact:
Andy Agrawal, Managing Partner;
aagrawal@decisionpointint.com.
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SOURCE DecisionPoint