Global provider of technology-enabled, on-demand interpretation services.
Delancey Street Partners is pleased to announce that GLOBO Language Solutions (“GLOBO”) has received a growth investment from VSS Capital Partners (“VSS”). Delancey Street Partners served as exclusive financial advisor to GLOBO, managed a competitive process, and negotiated the terms of the transaction.
December 2021
GLOBO Language Solutions LLC
Growth Equity Financing with VSS Capital Partners
Sector: Language Services
Delancey Street Partners served as the exclusive financial advisor to GLOBO Language Solutions
Delancey Street Partners is pleased to announce that GLOBO Language Solutions (“GLOBO”) has received a growth investment from VSS Capital Partners (“VSS”). Delancey Street Partners served as exclusive financial advisor to GLOBO, managed a competitive process, and negotiated the terms of the transaction.
December 2021
GLOBO Language Solutions LLC
Growth Equity Financing with VSS Capital Partners
Sector: Language Services
Delancey Street Partners served as the exclusive financial advisor to GLOBO Language Solutions
GLOBO Language Solutions is a global provider of technology-enabled, on-demand interpretation services. GLOBO is supported by its global network of more than 4,000 linguists who speak over 250 languages. GLOBO HQ, the Company’s cloud-based proprietary technology platform, provides personalized expertise in translation and streamlined language access to customers in a variety of industry sectors including healthcare (hospital systems, physician practices, and health insurance providers), financial services (insurers, mortgage servicers, and banks), technology, education, and public services.
The Company’s services enable organizations to communicate with the over 25 million individuals in the U.S. who are limited English proficient, without the need for specialized equipment. Many businesses rely on the GLOBO HQ platform for its easy-to-use, high quality customer service and multi-channel services platform. The Company’s services include on-demand telephone and video calls, on-site and sign language interpreting, as well as translation of documents, emails, texts and chats.
GLOBO was founded in 2010 and is headquartered in Wyncote, PA. GLOBO has been featured on the Inc. 500|5000 for seven consecutive years and ranked in the Top 20 of the 2021 Nimdzi Interpreting Index.
VSS is a private investment firm that invests in the healthcare, business services, and education industries. Headquartered in New York, VSS provides capital for growth financing, recapitalizations, strategic acquisitions, and buyouts to lower middle market companies and management teams with the goal of building companies organically as well as through a focused add-on acquisition program. VSS makes privately negotiated investments across the capital structure and invests in situations requiring non-control or control equity, mezzanine securities, and structured equity securities. VSS has over three decades of experience, made investments in 93 portfolio companies with over 380 add-on acquisitions, and manages $4 billion in aggregate committed capital across 8 funds.
Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings, and recapitalizations. Our focus sectors include Healthcare, Business & Technology Services, Industrial & Industrial Technology, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.
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