Website Localization Provider Motionpoint Lands Investment From Lightview Capital

网站本地化提供商Motionpoint获得Lightview Capital的投资

2021-04-08 18:50 slator

本文共408个字,阅读需5分钟

阅读模式 切换至中文

Florida-based multilingual website technology company MotionPoint announced on March 31, 2021 that it had secured an investment from private equity firm Lightview Capital. The transaction closed on the day of the announcement. The amount of the investment and MotionPoint’s valuation remain undisclosed. Will Fleming, CEO of MotionPoint, told Slator that, as a result of the deal, “Lightview, coupled with management, have the controlling interest” in the company. He said Lightview will be represented on the MotionPoint board and will provide support beyond the investment in terms of “strategic initiatives and positioning, corporate development, and M&A as well as continuing to optimize its key operating metrics and growth. In addition, MotionPoint will work with one of Lightview’s operating advisors on key strategic initiatives to drive value and growth.” Based in New Jersey, Lightview is a private equity firm focused on investing in lower middle market B2B services. According to Fleming, MotionPoint ticked all the boxes for Lightview in terms of being a profitable, growing tech-enabled service provider with “strong recurring revenue, high customer retention in strong secular markets” as well as being “positioned in a market that we believe has strong tailwinds, continued growth of digital content, increased reliance on online solutions and e-commerce,” etc. What MotionPoint does is to deliver fully translated and localized websites and digital assets through a proprietary technology platform, which, Fleming said, “allows us to translate content on an ongoing basis for our customers.” He added, “We combine that with a tech-enabled service focused on translation management to provide end-to-end translation. We partner with LSPs for translation services, and our team of engineers works to maintain the look and feel of translated sites as their origin sites evolve.” Asked about MotionPoint’s development priorities in light of the investment, Fleming highlighted two key areas — “We expect to continue to invest in the proprietary technology platform that MotionPoint has already invested millions of dollars in,” Fleming said. The CEO told Slator that MotionPoint’s 2020 revenues stand at approximately USD 50m; and headcount, at around 150 full-time employees. With Fleming on the MotionPoint executive team are CTO Enrique Travieso, CFO Mark Silverman, and EVPs Jessica Rivera (Sales & Corporate), Charles Whiteman (Account Services & Ops), and Veronica Pastuch (Translation Ops). As for future acquisitions, the CEO said M&A is indeed part of MotionPoint’s growth strategy, with a particular focus on “solutions and technologies that expand our market opportunity.”
总部位于佛罗里达州的多语言网站科技公司MotionPoint于2021年3月31日宣布,已获得私募股权公司Lightview Capital的投资。该交易于公告当日成交。投资金额和MotionPoint的估值仍未披露。 MotionPoint的首席执行官威尔·弗莱明告诉Slator,由于这笔交易,“LightView,加上管理层,拥有了公司的控股权”。 他说,Lightview将在MotionPoint董事会有代表,并将在“战略举措和定位,公司发展,并购以及继续优化其关键运营指标和增长”方面提供投资之外的支持。此外,MotionPoint公司还将与LightView公司的一位运营顾问就关键战略举措开展合作,以推动价值和增长。“ Lightview总部位于新泽西州,是一家专注于中下游市场B2B服务投资的私募股权公司。据弗莱明称,MotionPoint在以下几个方面符合Lightview的要求:它是一家盈利的,不断增长的技术支持服务提供商,“经常性收入强劲,在长期强劲的市场中客户保持率高”,以及“我们认为它所处的市场具有强劲的顺风,数字内容持续增长,对在线解决方案和电子商务的依赖程度不断提高”。 MotionPoint所做的是通过一个专有技术平台提供完全翻译和本地化的网站和数字资产,弗莱明说,这“使我们能够为我们的客户持续翻译内容。” 他补充说:“我们将其与专注于翻译管理的技术支持服务相结合,以提供端到端的翻译。我们与LSP合作提供翻译服务,我们的工程师团队致力于维护翻译网站的外观和感觉,因为它们的起源网站不断发展。“ 在被问及MotionPoint的发展重点时,弗莱明强调了两个关键领域- 弗莱明说:“我们预计将继续投资于MotionPoint已经投入数百万美元的专有技术平台。” 这位首席执行官告诉Slator,MotionPoint公司2020年的收入约为5000万美元;和人数,约有150名全职雇员。 与弗莱明一起加入MotionPoint高管团队的还有CTO Enrique Travieso,CFO Mark Silverman,执行副总裁Jessica Rivera(销售和企业),Charles Whiteman(客户服务和运营)和Veronica Pastuch(翻译和运营)。 至于未来的收购,这位首席执行官说,并购确实是MotionPoint增长战略的一部分,尤其关注“扩大我们市场机会的解决方案和技术”。

以上中文文本为机器翻译,存在不同程度偏差和错误,请理解并参考英文原文阅读。

阅读原文