ElaN Languages, which offers translation and interpreting services as well as language training, has grown into a relatively large player since its establishment back in 1990. Generating an annual turnover of around EUR 20 million, the Flanders-based company serves some 2,000 customers and employs 80 people in four offices across Belgium and the Netherlands. Its customer portfolio includes major organizations such as the European Commission, Coca-Cola, Colruyt, Lidl, Elia and Randstad. 

In the Benelux, ElaN Languages is the largest player in its sector. Worldwide, it ranks among the top 70 language providers, according to co-CEO Robrecht Beliën. 

ElaN wants to achieve its ambitions through organic growth, but also through acquisitions. The company is aiming for bigger deals than its previous acquisitions in Belgium and the Netherlands. “Those were transactions with a turnover of up to EUR 3 million; now we are looking at companies with a turnover of over EUR 3 million. But this means that ElaN needs to have greater financial clout,” explains Beliën.

To that end, the language company is joining up with Andera Partners. In turn, the French private equity group will acquire a majority stake in ElaN Languages.