TransPerfect, a provider of language and technology services for global businesses, has acquired Transfer Group.
Transfer is a Paris-based language training firm that focuses on language skills for executives of corporate clients. The firm originally aimed at providing language skills for individuals but has since shifted towards enterprise-level training for multinationals.
Going forward, Transfer will join TransPerfect’s existing language and cultural training segment. The combined entity will offer a full spectrum of virtual learning options in addition to face-to-face options.
“Investing in employee training and skill development is more important than ever for our large multinational clients,” said Phil Shawe, TransPerfect president. “This transaction will help our combined customers achieve their business goals.”