Translation Kings takes new direction with TSM Partners at the helm
After more than fifteen years of building a leading translation platform, founder Julian Wagenhuis is passing the baton. With TSM Partners as the new owner, Translation Kings has the opportunity to scale up further and realize its ambitions. Match Plan guided the entire process. sales process and brought this to a successful conclusion within eight months.
Professional translations in 150 languages
Since its founding in 2007, Translation Kings has grown into a certified translation agency with over 15,000 clients and over 1,100 translators. The company translates a wide range of content into more than 150 languages and provides fast, reliable, and professional translation services to a diverse clientele via a proprietary cloud platform. Translation Kings' goal is clear: professional translations into all languages.
Strong basis for expansion
The takeover TSM Partners provides Translation Kings with access to new commercial strength, strategic insight, and entrepreneurial experience. This combination enables accelerated development of the existing platform, entry into new markets, and expansion of the customer base. With a scalable infrastructure, a global network of translators, and an efficient working method, Translation Kings is ideally positioned to successfully achieve the next phase of growth.
“At the end of the day, closing a deal is an emotional process. No matter how much you want to approach it from a business perspective, the reality is that it simply isn't possible. In my case, this worked out well thanks to close consultation with Hans van de Pas. I can't thank Match Plan enough for the final result. As an entrepreneur, you think you know a lot about various areas. During the sale of my company, hundreds of questions arose that weren't easy to answer. Throughout the entire advisory process, everything was discussed and resolved.” according to Julian Wagenhuis, founder of Translation Kings.
Match Plan as a sales advisor from A to Z
Match Plan guided Julian Wagenhuis throughout the entire sales process. After formulating clear goals and drawing up a information memorandum a longlist of potential buyers drawn up. Then fifteen interviews were held and seven non-binding offers received. After several rounds of negotiations, a letter of intent closed with TSM Partners. The deal team also took care of the entire due diligence process and the legal documentation. Hans van de Pas and Reg Schreurs were responsible for the guidance on behalf of Match Plan.
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