Riverside Partners' Portfolio Company Welocalize to Invest in Park IP Translations
Summary
"We will pursue an even greater geographic reach with a continued focus on enhancing our technology solutions to provide our clients with the highest value translation services. Ultimately, a partnership with a market leader like Welocalize, given their platform and scale, will enable Park to take its services to the legal community to the next level." Moorgate Partners, a New York City based investment banking boutique, acted as exclusive financial advisor to Park IP Translations in connection with the transaction. Parks familiarity with foreign countries and practices gives it a dynamic edge when consulting with its clients on the communication styles, languages and dialects relevant to any international jurisdiction or patent portfolio. Welocalize offers integrated globalization services and products for the fluid and rapid deployment of enterprise content and applications to international markets.