TransPerfect Acquires Video Content Specialist Propulse Video

Customer Demand for Global Content Creation Prompts Translation
Industry Leader to Move Upstream in Media Supply Chain

NEW YORK & BARCELONA–(BUSINESS WIRE)–TransPerfect, the world’s largest provider of language and technology
solutions for global business, today announced an expansion of the
company’s video and content solutions capabilities with the acquisition
of Propulse Video, a Barcelona-based video production company. Financial
terms of the agreement were not disclosed.


Propulse Video was founded in 2016 by entrepreneurs Erwan Drouet and
Charles Moriceau; the company’s mission is to create high-quality,
original video content for clients to help them convey messages and tell
stories through video. Specializing in both live action and animated
video, Propulse quickly expanded to serve clients in multiple
industries from the company’s headquarters in Barcelona, Spain. In the
merger, TransPerfect expects to retain virtually the entire Propulse
team, including welcoming Mr. Drouet and Mr. Moriceau as senior managers
within its family of companies.


Demand for original video for web content, e-learning, social media, and
global marketing is increasing at a rapid pace, and Propulse’s expertise
provides TransPerfect with the ability to service clients in need of a
one-stop-shop for producing global video content.


Mr. Drouet stated, “TransPerfect has an impressive client base in
industries in which Propulse also has a strong presence; industries with
a significant and growing appetite for original video content. This
gives the Propulse team great confidence that our core skill set is
highly complementary to TransPerfect’s overall business, which makes
this deal a great fit. Clients of both companies will benefit from our
enhanced service offerings, which in turn will help our businesses to
grow and thrive together.”


Mr. Moriceau added, “Having spent extensive time with the TransPerfect
team in recent months, we cannot stress enough how much the cultural fit
between our companies helped drive our decision to join forces. It is
clear that TransPerfect shares our undying commitment to client service.
Further, not only does TransPerfect have a global footprint, but
importantly, they also have large local presence right here in
Barcelona. We’re beyond excited to begin collaborating and raising the
bar for fresh and innovative video content solutions.”


Drouet and Moriceau will continue to lead Propulse’s day-to-day
operations as a division of TransPerfect. Propulse will maintain their
existing office in Barcelona and will report to Senior Vice President of
Production, Barnaby Wass, also based in Barcelona.


TransPerfect’s President and CEO Phil Shawe concluded, “The trend toward
corporations delivering more and more content via video is undeniable.
We’re always looking for ways to provide greater value to our clients,
and we’re constantly seeking to evolve to better meet their needs—adding
Propulse’s expertise to our existing service offerings will do just
that. We look forward to working together and enthusiastically welcome
their family to ours.”


About Propulse Video


Propulse Video is a specialized audiovisual production company that
creates animated and live action video content—including sales,
explainer, and training videos—for a wide range of brands and
businesses. Propulse clients include General Electric, Deloitte, GSK,
SAP, Pfizer, Renault, and Kering, as well as 900+ other organizations
whose video requirements cover 30+ languages and 5 continents. The heart
of Propulse Video is the talented and dynamic team based in the
company’s Barcelona studio headquarters. To find out more, visit www.propulsevideo.com.


About TransPerfect


TransPerfect
is the world’s largest provider of language
services and technology
solutions for global business. From offices in over 90 cities
on six continents, TransPerfect offers a full range of services in 170+
languages to clients worldwide. More than 4,000 global organizations
employ TransPerfect’s GlobalLink® Product
Suite to simplify management of multilingual content. With an
unparalleled commitment to quality and client service, TransPerfect is
fully ISO
9001 and ISO
17100 certified. TransPerfect has global headquarters in New York,
with regional headquarters in London and Hong Kong. For more
information, please visit our website at www.transperfect.com.


Contacts

Ryan Simper +1 212.689.5555mediainquiry@transperfect.com