VSS Capital Partners, a private investment firm concentrating on healthcare, business services and education industry investments, has completed a growth investment in Globo Language Solutions LLC, a provider of technology-enabled, on-demand interpretation services.
Globo is supported by its global network of over 4,000 linguists who speak over 250 languages. The firm’s cloud-based proprietary technology platform delivers personalized expertise in translation and streamlined language access to customers across healthcare, financial services, technology, education and public services. The firm enables customers to communicate with over 25 million individuals in U.S. that are limited English proficient. Globo’s services specifically include telephone and video calls, language interpretation, and translation of emails, texts and chats.
The investment will be used to pursue organic and inorganic growth, expand services and scale up to meet increased demand.
“GLOBO has an excellent reputation for empowering its customers to effectively and seamlessly manage their complete translation requirements with a unified language solutions platform that enhances the translation experience for all stakeholders,” commented David Bainbridge, managing director at VSS.
Delancey Street Partners and Royer Cooper Cohen Braunfeld served as advisors to GLOBO. Proskauer Rose provided counsel to VSS.