Wolfestone Group has acquired the London-based language training company City Lingual
The international language service provider, which has its headquarters in Swansea, has announced the take over of the well-established, London-based language training company.
The news follows the opening of offices in Bucharest and London.
This acquisition means Wolfestone Group expands its portfolio to include four companies; Wolfestone Translation, VoiceBox, RLI and City Lingual.
The aim is 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 more than 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.
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 past two years, RLI has been implementing new and innovative language-teaching methods based on the latest cognitive science.
Anna Bastek, the founder of Wolfestone Group, said: “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.
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“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.
Rhianydd Llewellyn, associate solicitor in Corporate Commercial at JCP Solicitors, said: “We were pleased to offer our legal service to Wolfestone Group during the course of this strategic transaction. We were delighted to have stepped up during the busy Christmas period, to help conclude this transaction in record time.
“Like JCP, Wolfestone Group is a successful indigenous Welsh firm, ambitious for carefully-managed growth, and we are delighted to see it prosper. We look forward to watching Wolfestone Group’s continued progress and working with this forward-thinking company again in the future.”