MINNEAPOLIS--(EON: Enhanced Online News)--Yukon Partners (“Yukon”), a provider of mezzanine capital for middle market private equity transactions, is pleased to announce its support of United Language Group, Inc. (“ULG” or the “Company”) with its add-on acquisition of Language Select.
“We are pleased to be joining United Language Group. This opportunity will benefit our clients as we expand our current language offerings, and further demonstrate our skills and expertise in interpretation within highly regulated industries”
United Language Group, Inc., headquartered in Minneapolis, Minnesota, provides translation, localization and other language related business services to customers in the life sciences, manufacturing, travel/hospitality, government, and legal/regulatory end markets. The Company is a current portfolio company of Yukon and is led by Northern Pacific Group (“NPG”), a Minnesota-based private equity investment firm.
Language Select, headquartered in Burbank, California, provides on-demand telephone and in-person interpreting services in 200+ languages to clients in the government, legal, healthcare and private sectors. Language Select provides a unique opportunity for ULG to offer a single-vendor option for clients requiring scalable, fully supported document translation and interpretation services in a variety of regulated industries.
"Language Select is such a strong business within the interpretation space; we are very fortunate to add them to our portfolio of partner companies," said Kristen Giovanis, President of United Language Group. "They have an exceptional service offering and customer loyalty, and will benefit from ULG's technology infrastructure, expertise and global reach."
"We are pleased to be joining United Language Group. This opportunity will benefit our clients as we expand our current language offerings, and further demonstrate our skills and expertise in interpretation within highly regulated industries," said Yeun Korman, Managing Director at Language Select. "Language Select will continue to provide the same level of quality in our services on a much larger scale, with an expanded global footprint."
“We are excited to support NPG and ULG management as they continue to grow the platform,” said Michael Hall, Managing Partner of Yukon. “The addition of Language Select expands ULG’s language services portfolio, provides additional scale, and enables the Company to better serve its customers.”
About United Language Group
United Language Group is one of the largest translation and localization providers in the world, with offices based in 5 countries on 3 continents. ULG applies innovative technology and language expertise to drive translation and localization quality for clients around the world, in industries like life sciences, legal, IT, finance, and manufacturing. To learn more, please visit www.unitedlanguagegroup.com.
About Yukon Partners
Yukon Partners is an independent and unaffiliated mezzanine firm primarily serving middle market private equity sponsored business transactions with a typical investment range of $10 to $40 million in the U.S. and Canada. The transactions in which Yukon invests include buyouts, growth and platform strategies, recapitalizations, mergers/acquisitions, and public-to-private buyouts. Yukon Partners is based in Minneapolis, Minnesota. For more information, please visit www.yukonpartners.com.
About Northern Pacific Group
Northern Pacific Group is a Minnesota-based private equity investment firm focused on acquiring and investing in growing companies in the Midwest with an emphasis on the Technology and Business Services sectors. Northern Pacific Group seeks to drive collaborative achievement at portfolio companies in partnership with ownership groups and management teams. For more information, please visit www.northernpacificgroup.com.