XTM International Ltd. Asset Profile

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Year established

2002

Location

Buckinghamshire UK

Primary Industry

Software

About

Based in the UK, and founded in 2002, XTM International Ltd. operates as a provider of a cloud-based translation management system (TMS) to businesses such as Volvo, Gap, Ricoh, and Sony Interactive Entertainment. The company was founded by Bob Willans and Andrzej Zydron, translating 320 languages. In February 2021, XTM International Ltd. was acquired by K1 Investment Management. The company offers web-based translation tools such as XTM cloud, a software as a service (Saas) version of the software, and XTM suite, which is the traditional application installed on clients' servers, . These two automate translation processes with the help of machine translation alongside skilled human translators. Following the acquisition, XTM International Ltd. is looking forward to accelerating innovation and take the company to the next level of development.

Current Investors

K1 Investment Management

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Primary Industry

Software

Sub Industries

Systems Management Software

Website

www.xtm.cloud

Verticals

Artificial Intelligence, Cloud Computing, Mobile Apps

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Deals

Deals Type
Growth

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	XTM International Ltd.	11 Feb 2021

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