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New Deal


Announced

Teleperformance-backed LanguageLine to acquire Capita Translation and Interpreting from Capita.

Synopsis

Teleperformance-backed LanguageLine, a language interpretation and document translation services provider, agreed to acquire Capita Translation and Interpreting, a language services company, from Capita, an international business process outsourcing and professional services company. Financial terms were not disclosed. “We are pleased to have agreed the sale of CTI to a leading market player, LanguageLine. It marks another positive step, as we continue to simplify and strengthen Capita, and become a more successful business for the long term. We will continue to execute on our plan at Capita to materially reduce debt through the disposal of non-core businesses,” Jon Lewis, Capita CEO.

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