ECM-backed German Equity Partners completed the acquisition of a majority stake in WIENERS+WIENERSю

ECM-backed German Equity Partners, a private equity fund, completed the acquisition of a majority stake in Wieners+Wieners, provider of premium translation, adaptation, editing and proofreading services for business. Financial terms were not disclosed. "Since Caldec’s acquisition of Wieners+Wieners, we have positioned the company as a provider of premium and high-quality translation and proofreading services and established a dynamically growing company. ECM has an impressive track record and considerable expertise in the implementation of growth processes and buy-and-build strategies. The market for language services in German-speaking countries still offers a substantial potential for consolidation and therefore strategic growth opportunities for us. We want to realize these together with ECM and actively shape the continued consolidation in this sector," Kai-Dominik Weyel, Wieners+Wieners Managing Partner.