Frontier Capital has made a $10.3 million minority equity investment in MultiLing, a translation company.
MultiLing, headquartered in Provo, Utah, specializes in intellectual property and technical material translations for the chemical, medical technology, biotechnology and automotive industries. The company also has offices in China, Germany, Italy, Japan, South Korea and Peru.
Charlotte-based Frontier is a private equity firm that focuses on technology-enabled business services companies. The firm’s investments include Business Intelligence Advisors, Social Solutions and WilsonHCG.
Frontier closed on the minority investment in WilsonHCG, which provides recruitment process outsourcing