December 2, 2021
Technology, Business Services
GCA Altium advises the shareholders of DA Languages on its sale from Foresight to IK Partners
GCA Altium acted as advisor to UK-based language services provider, DA Languages (DAL), a portfolio company of Foresight, on its sale to IK Partners.
Headquartered in Manchester, UK, DAL is one of the fastest growing language services providers in the UK, providing critical services to organisations communicating with non-English speakers. With a network of over 8,000 mother-tongue interpreters and translators, DAL’s offering spans face-to-face, video and telephone interpretation along with written translation services. Over 450 languages and dialects are provided, including sign language, enabling better outcomes for all stakeholders. Promoting inclusivity and equality is at the heart of DAL’s operations, ensuring that language barriers are removed in critical situations, particularly in healthcare and legal settings.
Matthew Taylor, Managing Director at DA Languages, said: “We would like to thank the team at Foresight for their support over the past three and a half years; during which time we have grown our offering considerably to meet the critical needs of a broader range of customers. We are excited to partner with IK and benefit from their expertise and experience to further enhance our quality service and technology proposition. Our warm thanks also extend to the team at GCA Altium who supported us tirelessly across all aspects of the project and were key to delivering this outcome for the business.”
Claire Alvarez, Partner at Foresight, added: “It has been such a positive experience working with Matthew, Actar and the wider team at DAL, helping them expand their services to support vulnerable people. We are delighted that we have been able to support the company’s rapid growth, creating so many new jobs whilst making such a worthwhile impact. We wish the team every success for the future. On behalf of the shareholders, I would like to express our thanks to the GCA Altium team who were integral, with their close involvement, advice and guidance throughout.”
Dom Orsini, Managing Director at GCA Altium, added: “It has been a great pleasure to have represented the DA Languages team and Foresight on securing investment from IK. Matt and the team have found a great partner in IK and we wish them every success going forward.”
This deal represents the latest GCA Altium transaction in the technology-enabled services sector.