TransPerfect, the largest provider of language and technology solutions for global businesses in the world, announced that it has acquired Sterling Technology based in the United Kingdom. Sterling Technology is a leading provider of VDR solutions for secure sharing of content, collaboration for high-stakes dealmaking, and business process automation in Europe.
The VDR solutions from Sterling Technology enable seamless file sharing and content partnership among all the participants, increasing productivity, and accelerating deal timelines, while delivering security and unrivalled end-to-end support.
Sterling Technology has helped users from more than 187 countries, and 90 industries successfully complete thousands of deals. With offices in seven main European financial centers, and Sterling Technology is trusted to deliver exceptional levels of service on the most important transactions for corporate development, real estate, private capital, legal communities, capital markets, M&A, and banking.
Geoff Keating, chief executive officer of Sterling Technology, will join the senior management team of TransPerfect. He also said this acquisition is recognition of the success of the employees and leadership team of Sterling Technology in growing their company to become the leading virtual data room solutions provider in Europe.
The leadership and shareholders of Sterling Technology believe that TransPerfect is the ideal new owner for their business in the region.