MINNEAPOLIS--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
NORTHERN PACIFIC GROUP BACKS UNITED LANGUAGE GROUP IN MERRILL BRINK INTERNATIONAL ACQUISITION
United Language Group plans aggressive growth in language services industry in partnership with Northern Pacific Group
United Language Group, Inc. (ULG) today announced it has entered into an agreement to acquire Merrill Brink International, the language services division of Merrill Corporation, for an undisclosed sum.
The transaction immediately ranks United Language Group in the top 25 globally and 6th in the U.S. by revenue, according to industry analysts Common Sense Advisory.
United Language Group is led by chief executive officer Jeff Brink who previously co-founded PH Brink International which was acquired by Merrill in 2005 and is now known as Merrill Brink. ULG’s vision is to assemble a family of complementary companies, with a goal of becoming one of the largest language service providers in the world.
“We are thrilled to launch our strategy with the acquisition of Merrill Brink,” said Brink, CEO of ULG. “The company has maintained a sterling reputation over many years, has an outstanding operation and is well-known for innovation. We view Merrill Brink as an ideal platform for our expansion plans, which include additional near-term acquisitions.”
The ULG executive leadership team includes decades-long industry veterans Chief Operating Officer Hans Fenstermacher and Senior Vice President Greg Brink.
United Language Group is a privately funded language services company backed by Northern Pacific Group, a Minneapolis-based investment firm.
“We’re excited about this investment in the language business and we see tremendous opportunities for growth, both organically and through further acquisitions. We fully support ULG’s vision and expect to be very active in this highly fragmented $40 billion industry,” said Northern Pacific Group partner Peter Offenhauser.
The transaction is expected to be finalized by May 31, 2016.
United Language Group is a global organization headquartered in Minneapolis with offices in New York, Hong Kong, Galway (Ireland), and London. ULG is dedicated to building and managing a portfolio of high-performing and complementary language service providers. United Language Group adds value and leverages synergies for the collective benefit of its companies and customers.
Northern Pacific Group is a Minnesota-based growth equity investment firm focused on acquiring and investing in growing companies in the Midwest. Northern Pacific Group seeks to partner with ownership groups and management teams in order to add value beyond just providing capital.
Merrill Corporation provides technology-enabled platforms for secure content sharing, regulated communications and disclosure services. Clients trust Merrill’s innovative applications and deep subject expertise to successfully navigate the secure sharing of their most sensitive content, perfect and distribute critical financial and regulatory disclosures, and create customized communications across stakeholders. With more than 3,800 people in 41 locations worldwide, clients turn to Merrill when their need to manage complex content intersects with the need to collaborate securely around the globe.