– SeproTec accelerates its growth with the acquisition of the German company tsd, which specializes in translation services for clients and sectors with high added value
– This acquisition is part of SeproTec’s ambitious growth plan based on both organic development and the acquisition of other companies specializing in multilingual services, technology development and/or intellectual property management.
– The acquisition was financed by SeproTec’s own resources and bank financing
Cologne, Germany, April 20, 2022 /PRNewswire/ — SeproTeca company specializing in the management of industrial and intellectual property, translation and interpretation services, has completed the acquisition of tsd from the previous owners. The current management team, made up of Dominique and Stefan Pulswill continue to run the business. tsd is a company specialized in providing translation services to industrial companies based in Germany. Its business model is based on quality of service. In addition, it has a large portfolio of recurring clients with a significant degree of diversification in sectors with high added value.
The German-speaking market has a high added value in the provision of language services, and tsd has a differential positioning in the services provided to large industrial companies present in Germany. With a strong sector diversification (it is present in the automotive sector, the technology sector, energy, engineering and construction and in the medical/pharmaceutical and financial sectors) and has started to use artificial intelligence software to assist its customers.
Thanks to this acquisition, financed both by our own resources and by bank financing provided by Caixa Bank, SeproTec will generate an annual turnover estimated at more than 65 million euros, be able to pursue its international expansion in markets attractive and expand its clientele portfolio. Since tsd point of view, its integration into the SeproTec will allow it to continue developing its growth and digital transformation plans, relying on the technological tools and experience of SeproTec’s management team.
It is SeproTec first acquisition as part of its ambitious national and international expansion plan based both on organic growth and on acquisitions of companies specializing in multilingual services, technology development and intellectual property management with a differential positioning in their markets.
Dina FreibottOutgoing CEO of tsd, said: “SeproTec has a strong value proposition in the industry, and at the same time, it shares our vision and core beliefs as professionals, which makes it the right partner for tsd, which made the decision to take this step easier. step.”
Juan Julián León, CEO of SeproTec, commented: “tsd has a strong presence in the technology sector and all its sub-sectors, including automotive, commercial and utility vehicles, energy, engineering and construction, as well as in medical/pharmaceutical and finance This perfectly complements our own customer portfolio and strengthens our service offering, particularly in German-speaking markets.This acquisition brings us significant operational synergies and allows us to continue our growth in strategic markets for us.In addition, we have been very favorably impressed by the talent of tsd team, and their approach to solutions, processes and customers fits perfectly with the mission and vision of SeproTec”.
KPMG Financial Advisory and KPMG Legal advised Nazca and SeproTec on the transaction, while Herbert Smith Freehills did the same on the financing side.
With more than 25 years of experience, and with Nazca Capital as a shareholder since 2021, SeproTec specializes in translation and interpretation services and offers technological industrial property management services through its subsidiary SHIP Global IP. The Group has considerable experience in the translation of patents and has built up large specialized databases in sectors such as pharmaceuticals, health sciences and industry. It also specializes in providing translation and interpretation services to national and international public administrations. The company is international (more than 50% of its sales come from outside Spain) and has offices in Basel, SwitzerlandKrakow, Poland and Austin, UNITED STATES. In addition, its subsidiary SHIP Global IP, created in 2016, has developed a technological platform to manage global industrial property portfolios more efficiently. More than 90% of its sales are made outside Spain.
SeproTec has grown rapidly due to the company’s scalability based on the use of technology.
SeproTec | Marketing & Communications Department | T +34 91 204 8700 | [email protected]
tsd | Marketing & Communications Department | +49 221-92 59 86-15 | [email protected]