Acquisition of Corporate Translations, Inc.
November 2, 2015
Old Saybrook, CT
Lyons Solutions, LLC, is pleased to announce that its client, Corporate Translations, Inc. has been acquired by RWS Holdings, plc.
Corporate Translations, Inc. (CTi) based in East Hartford, is the world's leading life sciences translation and linguistic validation provider. It is the recognized leader in successfully managing complex translation projects on behalf of the world's top pharmaceutical and biotech companies and their Clinical Research Organization (CRO) partners. According to Mary Gawlicki, CEO and founder, "Bill Quish did an exceptional job handling the sale of CTi. We were greatly impressed with his professionalism and business savvy throughout the process. Bill and the Lyons Solutions team approached the task of selling our company with skill. As a result, Lyons Solutions was able to bring many potential buyers to the table who were interested in the niche business we had built."
RWS Holdings plc, (RWS) based in Buckinghamshire, UK, is the world's leading provider of intellectual property support services (patent translations, international patent filing solutions and searches) and commercial translations. RWS, listed on the Alternative Investment Market in London ("RWS"), acquired CTi for $70 million in cash consideration. The acquisition is in line with RWS strategy of making selective acquisitions, which have demonstrable growth prospects in attractive sectors/geographies, offer excellent margins and can enhance shareholder value.
If you would like more information about this transaction or Lyons Solutions, LLC, please contact Bill Quish at 860-391-8672 or via email at email@example.com.