TransPerfect Acquires Sterling Technology
Summary
Sterling’s VDR solutions enable seamless file sharing and content collaboration among all participants, increasing productivity and accelerating deal timelines while delivering best-in-class security and unrivaled end-to-end support. Sterling will continue to be led by CEO Geoff Keating, who, along with the rest of the company’s leadership, will join TransPerfect’s senior management team. Keating commented, “This acquisition is recognition of the success of Sterling’s employees and leadership team in growing our company to become the leading European provider of virtual data room solutions. The shareholders and leadership team of Sterling believe that TransPerfect is the ideal strategic new owner for our business.” Keating added, “Being part of a much larger, successful global enterprise will provide increased growth opportunities for our business and employees as well as access to new markets. With offices in seven major European financial centers, Sterling is trusted by its customers and users to deliver exceptional levels of service on their most critical transactions.
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