Carlsquare advised Mayfair Equity Partners and its portfolio company Jonckers, a leading Europe-based language services provider, on the latter’s strategic merger with US-based translation and localization agency Acclaro.
Founded in 1994, Jonckers is a globally leading AI-powered language services provider. The 2016 launch of WordsOnline, a cloud-based AI platform enabling continuous localization, marked a major milestone in the Belgium-headquartered firm’s development. A further milestone came when technology and consumer investor Mayfair Equity Partners—whose assets under management exceed £2bn—came on board to drive continued growth and geographic expansion. Carlsquare acted as exclusive buy-side advisor in the 2023 transaction.
Acclaro is a trusted partner for brands seeking to strengthen their global growth strategies. With expertise in more than 125 languages and over 20 years of experience, Acclaro excels in providing customizable localization programs, technology support and strategic guidance.
The collaboration of Jonckers and Acclaro comes at a time when the adoption of AI and demand for localized content are driving sector growth. Already worth $67.2bn in 2022, the global LSP market is expected to achieve annual growth of 6% from 2023 to 2028.
The strategic merger positions Jonckers and Acclaro at the forefront of the evolving localization landscape. The combined group will benefit from cutting-edge AI-technology, enhanced R&D capabilities and greater geographic reach. As a result, it will provide an expanded range of AI-powered services to its diverse blue-chip and high-growth clients including Amazon, Microsoft, Adobe, Life360, Wish and Notion. Led by industry veterans Silke Zschweigert and Michael Kriz, the group will also leverage its scale to accelerate organic growth in core markets and seize new M&A opportunities.
“We thoroughly enjoyed working with the Carlsquare team on closing the deal to merge Acclaro with our Jonckers investment. Carlsquare’s proactive approach and unwavering dedication facilitated a seamless transaction, while their profound comprehension of technology-enabled services once again proved to be highly valuable.” – Markus Zejermann, Managing Director at Mayfair
Carlsquare served as the exclusive financial advisor to Jonckers and Mayfair Equity Partners.
