Osborne Clarke has advised K1 Investment Management on the deal. The Osborne Clarke team worked as co-counsel with Morris, Manning & Martin LLP. Doma?ski Zakrzewski Palinka sp. k. advised on Polish legal matters.
K1 Investment Management, a leading investment firm focusing on high-growth enterprise software companies, invested in XTM International, a leading provider of translation management software to global blue-chip companies. The existing management team will retain a significant equity interest in the company and continue to lead the business.
The XTM platform is a mission-critical system for global enterprises, employing AI to automate translation processes that increasingly leverage machine translation alongside skilled human translators. XTM enables its customers to overcome the increasingly complex problem of localisation by centralising and automating disparate processes, resulting in a cost-efficient, controllable, and scalable content supply chain. Enterprises such as Expedia, Sony, Volvo, and RICOH trust XTM to solve their localisation needs.
The team was led by Senior Partner Andrew Saul (Picture) and Partner Tom Try (M&A), who were supported by Senior Associate Andrew Carter and Associate Katie Tait from the Corporate team. In addition, Partner Tim Harris (IP), Senior Associate Sophia Christou (IP), Partner Marcus Vass (Commercial), Associate Simon Downes (Commercial), Partner David Nisbet (Employment), Associate Isobel Turner (Employment), Associate Ed Grey (Employment) and Associate Director Luolan Dong (Tax) advised on the transaction.
Involved fees earner: Andrew Carter – Osborne Clarke; Sophia Christou – Osborne Clarke; Luolan Dong – Osborne Clarke; Simon Downes – Osborne Clarke; Ed Grey – Osborne Clarke; Tim Harris – Osborne Clarke; David Nisbet – Osborne Clarke; Andrew Saul – Osborne Clarke; Katie Tait – Osborne Clarke; Tom Try – Osborne Clarke; Isobel Turner – Osborne Clarke; Marcus Vass – Osborne Clarke;
Law Firms: Osborne Clarke;
Clients: K1 Investment Management;