Acolad continues its development with Qualium Investissement
Qualium Investissement announces its investment in Acolad alongside CEO Benjamin du Fraysseix, his family, and Acolad’s management team, in order to support the company in pursuing its development strategy.
Founded in 1995, Acolad, formerly known as Groupe Technicis, is the European leader in professional translation and is one of the most dynamic players in its sector. Under the leadership of its CEO, Benjamin du Fraysseix, Acolad has significantly accelerated its development with the acquisition of 9 European translation companies since 2012. VO Paris was the first to join the Group in 2012, followed by Cogen (2015), Translation Probst (2016), Arancho Doc and Soget (2017), TextMaster, HL Trad, Telelingua and AAC Global (2018) and Livewords in July 2019.
Today, Acolad offers its more than 6,000 large account clients a full range of linguistic services (translation, localization, interpreting, webmastering, etc.) and has recognized expertise in many business lines (law, finance, life sciences, industry, e-commerce, etc.). The group is present in 14 countries on 3 continents (Europe, North America and Asia) and employs 1000 people. Acolad expects to achieve a turnover of approximately 160 million euros in 2019.
Qualium Investissement's investment will provide Acolad with new resources to support its organic growth momentum and pursue its strategy of consolidating the professional translation market.
Benjamin du Fraysseix, President of Acolad, says: "I am delighted to begin this next stage of our development in partnership with Qualium Investissement. We aim to strengthen our leadership in continental Europe in the coming years by pursuing our strategy of acquiring and integrating specialised companies in order to strengthen our geographical presence and expertise, while continuing to invest heavily in technology to improve the services we offer to our customers.”
Jean Eichenlaub, President of Qualium Investissement emphasizes: "We were impressed by Benjamin's energy and vision, his remarkable track record and the know-how and commitment of his teams. We are very proud to associate Qualium Investissement with this great adventure and we are delighted to contribute to Acolad's success alongside its management.”
Boris Podevin, Partner of Qualium Investissement explains: "In a fast-growing and still largely fragmented language services market, Acolad has established itself as the leader on the European market. We were interested by Acolad's unique model combining a multi-local, client-focused approach with the use of cutting-edge cross-functional workflow and translation tools developed in-house. We are convinced that Acolad has a unique platform to further consolidate its market.”
Qualium Investissement: Boris Podevin, Guillaume Peroz, Antoine Schricke
Management: Benjamin du Fraysseix
Qualium Investissement advisors
- Financial DD: 8 Advisory (Justin Welstead)
- Strategic DD: Eleven Consulting (Ambroise Huret, Maxime Caro, Théodora Dupont-Courtade)
- DD organisation and IT: 8 Advisory (Jean Guillou, Jean-Christophe Fuzzati)
- Legal, social and tax DD: Mayer Brown (Ségolène Dufétel, Julien Faure, Elodie Deschamps)
- Lawyers: Mayer Brown (Hadrien Schlumberger, Ségolène Dufétel, Maud Bischoff, Elodie Deschamps, Estelle Leclerc)
- M&A: Lazard Frères (Charles Andrez)
- Lawyers: Edge Avocats (Matthieu Lochardet)
- Lawyers: Scotto Partners (Nicolas Menard-Durand, Camille Perrin)
Acolad is the European leader in professional translation and is one of the most dynamic businesses in the industry. The group has a presence in 14 countries and on 3 continents (Europe, North America, and Asia) and distinguishes itself by its multi-local market approach, a unique trait which has made it the preferred partner of many clients around the world. Acolad combines the strengths of a global leader with the proximity of a local partner. The expertise and passion for language that Acolad’s teams have is evident in every sector and language service offered, including translation, localisation, webmastering, and interpretation. To guarantee exceptional service to every client, the Acolad group maintains a strong partnership with over 18,000 professional translators.
About Qualium Investissement
Qualium Investissement, a management company approved by the Autorité des marchés financiers and whose main sponsor is the Caisse des Dépôts et Consignations, is a long-standing player in private equity in France, currently with nearly €1 billion under management. Since its creation in 1998, Qualium has invested in some sixty French companies. Qualium's ambition is to provide the management teams of the companies it supports with all the expertise and resources necessary to implement ambitious development plans, particularly internationally and through external growth.