Sterling Technology – a TransPerfect deal

RSM’s M&A team has advised on the sale of Sterling Technology Holdings Limited, Europe’s leading provider of premium virtual data room solutions, to TransPerfect International.

The client

Sterling Technology has established itself as the leading provider of VDR solutions for the secure sharing of content, business process automation, and collaboration for high stakes dealmaking in Europe. Sterling’s platform has supported clients in over 180 countries across corporate, advisory, and real estate markets. The business attracted interest from several parties with TransPerfect selected as the preferred partner.

TransPerfect is the world’s largest provider of language and technology solutions, with offices in over 100 cities across six continents. The acquisition complements TransPerfect’s existing product suite across the translation and legal sectors and presents a significant opportunity for both companies to further support their clients.

RSM’s solution

RSM advised the shareholders on the sale of the business, identifying TransPerfect as the right strategic buyer. RSM led a discreet auction process and negotiated the deal, supporting the Sterling team through to completion.

Transaction team: Natalie Ord, Dylan Spry (Lead advisory), Graham Weston, Sid Trengove (Data Analytics), Helen Relf, Nicola Clough, and Kate Clews (Transaction Tax).

Testimonial

‘I would like to thank the RSM team for their hard work on our deal. They were instrumental in finding the perfect home for our business and were on hand to deliver pragmatic, commercial advice throughout. RSM’s process and negotiations were pivotal in delivering a great deal for the shareholders – we would highly recommend working with them.’

Geoff Keating, CEO, Sterling Technology