An LSP Owner's Exit Experience (feat. Michele Hecken)

Mergers and acquisitions are commonplace in the language services industry, but sometimes not very well understood to the uninitiated. Today we will talk with somebody who has gone through the M&A process from the perspective of an LSP owner who sold her business. In early 2019 RWS acquired Edmonton-based company Alpha Translations for USD 6 million (cash). Michele Hecken, the former owner of Alpha Translations will join us to talk about her experience and give some tips to other LSP owners who may be considering an exit themselves.About Michele Hecken:In her previous life, Michele Hecken was the owner of Alpha Translations, based in Canada. Today she is an Executive Coach and Author, specializing in working with successful entrepreneurs and CEOs to help them create a Fun and Fearless Life and Business so that they have more time, energy, focus and joy!About Nimdzi Live:There is a shadow industry driving the growth of ALL global brands: Localization. Let’s talk globalization, localization, translation, interpretation, language, and culture, with an emphasis on how it affects your business, whether you have a scrappy start-up or are working in a top global brand.Would you like to be a guest on Nimdzi Live? Or you know somebody who should? Email [email protected] or reach out to [email protected] so we can coordinate! Music used in this stream is licensed by Nimdzi Insights:Wasted Education (Blue Topaz): Adobe Stock License ASLC-1212CEAC-21B4264EF6Grifting in Vegas (Kit and the Calltones): Adobe Stock License ASLC-1212CF4A-72A527808FFunky Mood: ASLC-12AFE84A-5ED0E7C577Way out of sight: ASLC-12AFE8AA-7C4063CA04Get Up and Get Up: ASLC-12AFE8F6-C367C2DA8EReal Stuff: ASLC-12AFE922-DA2CAF25FFBeauty Funky: ASLC-12AFE95F-A5D43CB15FSpanish Rumba: ASLC-12AFE9EB-02CE1C7C30May I Have This One: ASLC-12AFEA0C-58238F80C0Zimbabwe Sunset: ASLC-12F3E80C-400E160240Speaking of Africa: ASLC-12F3E9AE-91F3F49CAF