Welocalize, Inc., a Frederick, MD-based provider of translation and localization solutions to global brands, received a significant investment from Norwest Equity Partners.
Norwest acquired its stake in Welocalize from Riverside Partners. The financial terms of the deal were not disclosed.
Founded in 1997 by CEO Smith Yewell, Welocalize offers innovative translation and localization solutions for global brands to grow and reach audiences around the world in more than 157 languages.
The company’s solutions include global localization management, translation, supply chain management, people sourcing, language services and automation tools including MT, testing and staffing solutions and enterprise translation management technologies.
The Welocalize family of companies also includes Park IP Translations, which provides translation, litigation and filing solutions for patent and legal professionals, and Agostini Associati, a Milan, Italy-based leader in financial services translation, specializing in services for tax and audit, financial documentation, M&A and public document translations.
The group employs more than 600 people in its headquarters and in Boston, MA; New York, NY; Portland, OR; San Mateo, CA; Houston, TX, and international locations in Ireland, Italy, Germany, United Kingdom, Japan and China.
FinSMEs
03/06/2015