An LSP Owner's Exit Experience (feat. Michele Hecken)

Episode 62 January 20, 2023 00:56:53
An LSP Owner's Exit Experience (feat. Michele Hecken)
Nimdzi LIVE!
An LSP Owner's Exit Experience (feat. Michele Hecken)

Jan 20 2023 | 00:56:53

/

Show Notes

Mergers and acquisitions are commonplace in the language services industry, but sometimes not very well understood to the uninitiated. Today we will talk with somebody who has gone through the M&A process from the perspective of an LSP owner who sold her business. In early 2019 RWS acquired Edmonton-based company Alpha Translations for USD 6 million (cash). Michele Hecken, the former owner of Alpha Translations will join us to talk about her experience and give some tips to other LSP owners who may be considering an exit themselves.

About Michele Hecken:
In her previous life, Michele Hecken was the owner of Alpha Translations, based in Canada. Today she is an Executive Coach and Author, specializing in working with successful entrepreneurs and CEOs to help them create a Fun and Fearless Life and Business so that they have more time, energy, focus and joy!

About Nimdzi Live:
There is a shadow industry driving the growth of ALL global brands: Localization. Let’s talk globalization, localization, translation, interpretation, language, and culture, with an emphasis on how it affects your business, whether you have a scrappy start-up or are working in a top global brand.

Would you like to be a guest on Nimdzi Live? Or you know somebody who should? Email [email protected] or reach out to [email protected] so we can coordinate!

Music used in this stream is licensed by Nimdzi Insights:
Wasted Education (Blue Topaz): Adobe Stock License ASLC-1212CEAC-21B4264EF6
Grifting in Vegas (Kit and the Calltones): Adobe Stock License ASLC-1212CF4A-72A527808F
Funky Mood: ASLC-12AFE84A-5ED0E7C577
Way out of sight: ASLC-12AFE8AA-7C4063CA04
Get Up and Get Up: ASLC-12AFE8F6-C367C2DA8E
Real Stuff: ASLC-12AFE922-DA2CAF25FF
Beauty Funky: ASLC-12AFE95F-A5D43CB15F
Spanish Rumba: ASLC-12AFE9EB-02CE1C7C30
May I Have This One: ASLC-12AFEA0C-58238F80C0
Zimbabwe Sunset: ASLC-12F3E80C-400E160240
Speaking of Africa: ASLC-12F3E9AE-91F3F49CAF

Other Episodes

Episode 111

April 01, 2024 01:00:07
Episode Cover

AI and Media L10n - Deluxe and Apptek announce strategic partnership

In this episode, we take a look at a a real application of how a major localization company is partnering with AI to enhance...

Listen

Episode 73

May 24, 2023 00:54:33
Episode Cover

Right Tools, Right Time, Right Workflow feat. Tim Jung and Joshua Pine

Hyper-localization is an increasingly important part of the globalization and localization industries. Tim YoungHoon Jung explores important considerations that LSPs must make when working...

Listen

Episode 11

April 29, 2021 00:23:14
Episode Cover

TLM Mentorship Program at MIIS for Alumni and Students (feat. Caitlin Quiat)

Today we talk with Caitlin Quiat about the TLM Mentorship Program, which is a mentorship program designed to connect alumni, students, and recent graduates...

Listen