San Diego-based Interpreters Unlimited Acquires Florida Sign Language Company
SAN DIEGO, Sept. 18, 2014
SAN DIEGO, Sept. 18, 2014 /PRNewswire-iReach/ -- Interpreters Unlimited, a leading provider of language and transportation services in San Diego, is pleased to announce the acquisition of ACD (Accessible Communications for the Deaf) of Florida, a major provider of sign language interpretation services in the southern Florida area. This marks Interpreters Unlimited's 3rd acquisition of a language services company and its 2nd acquisition of a Florida-based company.
"We are excited to transition our operations to Interpreters Unlimited. This is a mutually beneficial arrangement that allows ACD's local expertise to augment IU's national infrastructure" said Lisa Campbell, Senior Director of ACD.
The acquisition is estimated to increase Interpreters Unlimited's revenue by 20 to 25 percent. Combined, the companies generate revenues of about $9 million. Among the market drivers for the language services market are the increasingly global presence of businesses; exponential growth in the nation's immigrant population; tripling of federal and state requirements for translation interpretation; legislation mandating insurance and medical providers to offer interpretation and translation services; and the increasing minority population in the U.S. Offering services across North America, Interpreters Unlimited is now one of America's fastest growing language service providers.
"Interpreters Unlimited is thrilled to be expanding our presence in Florida through the addition of ACD. They have built an impressive customer base and we're excited to integrate those customers into our existing operations and continue the great service that both ACD and Interpreters Unlimited have been known to provide," stated Sayed Ali, President of Interpreters Unlimited.
The acquisition reflects Interpreters Unlimited's commitment to growing both organically and through acquisition. The IU Group of Companies serves customers across North America in a variety of industries, including government services, medical facilities, worker's compensation and education. Interpreters Unlimited was listed 2361 in the Inc. 5000's annual ranking of fastest growing companies.