PR Newswire
CHARLOTTE, N.C., July 23, 2018
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; [email protected].
View original content:http://www.prnewswire.com/news-releases/decisionpoint-advises-donnelley-financial-solutions-on-divestiture-of-language-solutions-business-to-sdl-for-77-5-million-300684927.html
SOURCE DecisionPoint
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