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SDL completes acquisition

Released 07:00 23-Jul-2018

RNS Number : 4079V
SDL PLC
23 July 2018
 

SDL plc

 

Completion of Acquisition of Donnelley Language Solutions

 

23 July 2018, Maidenhead, U.K. - SDL plc ("SDL"), a leader in global content management and language translation software and services, is pleased to confirm that it has completed the acquisition of the business and assets of Donnelley Language Solutions, details of which were announced on 16 July 2018.

 

CEO, Adolfo Hernandez commented:

 

"The completion of this transaction represents a significant milestone in the evolution of SDL, bringing together two complementary companies to establish a leading player in content and language solutions".

 

This not only accelerates our strategy but helps redefine our offerings for premium industries such as financial services and life sciences. We are delighted to move forward as one company, starting an exciting new journey together, with a strong and shared commitment to customer enablement and success across the content supply chain. This creates a huge opportunity for employees, customers, partners and investors."

 

For further information:

SDL plc                                                                                                         01628 410 100

Adolfo Hernandez, CEO

Xenia Walters, CFO

 

Investec Bank plc ("Investec")                                                                   0207 597 5970

David Flin

Neil Coleman

Nplus1 Singer Advisory LLP ("N+1 Singer")                                             020 7496 3000

Shaun Dobson

Ben Farrow

FTI Consulting                                                                                              0203 727 1000

Edward Bridges

Kwaku Aning

 

 

 

Advisors to SDL on the Transaction

 

DLA Piper acted as legal advisor. PwC provided tax and financial due diligence. Investec and N+1 Singer acted as joint brokers and book-runners. Rothschild & Co acted as debt advisor to SDL to secure its 5 year £70m revolving credit facility provided by Lloyd's Bank and HSBC UK Bank.

 

 

About SDL


SDL (LSE: SDL) is the global leader in content creation, translation and delivery. For over 25 years we've helped companies communicate with confidence and deliver transformative business results by enabling powerful experiences that engage customers across multiple touchpoints worldwide. Are you in the know? Find out why 85 of the top 100 global companies work with and trust us on SDL.com. Follow us on TwitterLinkedIn and Facebook.


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SDL completes acquisition - RNS