GP BULLHOUND ADVISED WEGLOT ON EUR45M GROWTH INVESTMENT FROM PARTECH PARTNERS

Providing a no-code translation infrastructure for websites.

March 24, 2022

Paris, 24 March 2022 - GP Bullhound acted as exclusive financial advisor to Weglot SAS (Weglot) and its shareholders (SIDE Capital and founders) on the growth investment from Partech Partners. Weglot is a leading SaaS platform that helps businesses and individuals turn their websites multilingual.

Team

Jaime Sendagorta

Sector

Software

Region

France/BeneLux

Weglot’s proprietary software is an easy-to-use, no-code solution that turns any website multilingual, by automatically translating website content in an SEO-friendly manner. Founded in 2016, Weglot has helped more than 60,000 brands translate and display their websites into 100+ languages. Based in Paris, France, the company operates in 150+ countries.

Augustin Prot and Rémy Berda, Co-founders of Weglot, commented: “We are very pleased to welcome our new investor onboard and excited to embark on this journey together. Partech is an excellent partner to help us accelerate our expansion and scale the business. We are happy that GP Bullhound advised us on such a landmark transaction, guiding us and finding the ideal partner.”

Joy Sioufi, Partner, and Miguel Kindelán, Executive Director at GP Bullhound, commented: “It has been a pleasure to work with Augustin, Rémy and SIDE Capital as we advised them on such an important milestone of Weglot’s journey. This partnership with Partech, together with Weglot’s proven capabilities, is a powerful combination to consolidate its position as global category leader in the translation infrastructure space.”

The transaction represents yet another milestone for GP Bullhound and is a further testament to the firm’s expertise in the SaaS sector, following recently completed transactions for InterCloud (Series D growth financing by Aleph Capital), Foxintelligence (acquired by NielsenIQ), MariaDB (Series D growth financing), Egoditor (acquired by Bitly), and Logicbroker (investment by K1), among many others.

Enquiries
For enquiries, please contact:
Joy Sioufi, Partner, at joy.sioufi@gpbullhound.com
Miguel Kindelán, Executive Director, at miguel.kindelan@gpbullhound.com
Jaime Sendagorta, Vice President, at jaime.sendagorta@gpbullhound.com

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.