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Announced

Mainsail Partners to invest in Boostlingo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

United States

software development

Single Bidder

Private Equity

Private

Acquisition

Domestic

Pending

language interpretation software

Majority

Friendly

Synopsis

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Mainsail Partners, a growth equity firm with offices in San Francisco and Austin, agreed to invest in Boostlingo, a fast-growing technology provider of language interpretation management software. Financial terms were not disclosed. "We believe Boostlingo has shown that they can be disruptive by using a modern technology stack, clean and beautiful software, and a very large wraparound network of interpreters to serve their customers. We’re excited to help the management team any way that we can," Michael Anderson, Mainsail Partner.

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