Wolfestone Group Acquires City Lingual
Wolfestone Group, the award-winning international language service provider with headquarters in Swansea, South Wales, announces its acquisition of the well-established, London-based language training company City Lingual. With the recent opening of offices in Bucharest and London, City Lingual adds another major presence for the Group.
This acquisition means Wolfestone Group expands its portfolio to include four companies: Wolfestone Translation, VoiceBox, RLI and City Lingual, cementing the Group's position as an industry-leading, full service provider of professional language solutions.
The deal is set to broaden Wolfestone Group's service offerings, which encompass: translation and localisation services, live captioning, multilingual voice overs and subtitling, global language training, and now London-based in-company language clubs for the financial sector.
City Lingual, formerly known as The Language Crew, has operated as a boutique supplier of high-quality business language training for over 10 years and boasts an extensive range of bespoke language-learning solutions, including in-company language clubs and training to some of the largest financial institutions in London.
What's more, the addition of City Lingual to the Group's portfolio is set to complement RLI's 30 years of expertise in delivering cutting-edge English and foreign language training. Over the last 2 years, RLI has been implementing new and innovative language-teaching methods based on the latest cognitive science.
Anna Bastek, the founder of Wolfestone Group, commented on the female-led acquisition:
"Acquiring City Lingual is a great step forward for the group. It's a testimony to our vision that if you put the customer first and keep investing in the business, there are no limits to growth.
"We have very ambitious plans for the future. The language and multimedia industries continue to grow, and new opportunities are always arising. We will soon be deploying new AI technology which is set to save on time and costs for our clients. We are on target for £7.5m turnover this year and we are not stopping there."
Alex-Michelle Parr, Managing Director of Wolfestone Group, added:
"Wolfestone Group's acquisition of City Lingual represents a great addition to the Group, which will further establish our presence in London and offer a foundation to provide in-company language clubs worldwide.
"Co-founders Margherita Baldisserri and Sara Ceccarelli have built an engaging brand and, with Wolfestone Group's global network of language teachers on board, City Lingual is set to expand rapidly over the coming months."
The acquisition was supported by JCP Solicitors, who completed the legal work over the Christmas period. Wolfestone Group is extremely grateful for their support in a time when most businesses were operating on reduced hours.
For more information or guidance, please contact our team at hello@jcpsolicitors.co.uk or call 03333 208644.