EasyTranslate strengthens capital structure to fuel acquisition strategy
The move follows the successful 2024 integration of World Translation, a milestone that strengthened the company’s financial profile, doubling its revenue to more than 7.5 million euros. EasyTranslate is on track to deliver an expected EBITDA of approximately 1.5 million euros in 2025, while also increasing its technical translation capabilities and SaaS footprint.
- Pride Capital Partners has converted its €5.25 million debt position into equity, becoming a strategic minority shareholder.
- Danske Bank Growth has agreed to support the company’s expansion via a proposed multi-year facility of over €1.7 million.
These partnerships reflect a strong conviction in EasyTranslate’s business model and enhance its capital structure, supporting the execution of an accelerated Nordic consolidation strategy. The company is actively targeting acquisitions aimed at unifying the fragmented regional market and establishing its position as the leading AI-human hybrid provider of translation services.
Frederik R. Pedersen, CEO of EasyTranslate: “Our success with World Translation has proven that our hybrid AI-human model scales profitably. This strategic repositioning, supported by Pride Capital and Danske Bank Growth, strengthens and accelerates our acquisition strategy and leads the evolution of the language industry.”
Bas Welten, Head of Nordics at Pride Capital Partners: “Moving from debt to equity is a direct result of the operational success we’ve seen with the World Translation acquisition. This conversion provides EasyTranslate with the agility to execute similar strategic moves and scale further. We believe this new structure is mutually beneficial and creates a stronger foundation for every stakeholder involved.”
Kent Due-Frederiksen, General Manager at Danske Bank Growth: “Our support for EasyTranslate underscores how we at Danske Bank Growth act as the banking partner for ambitious growth companies with strong global potential. By providing this facility, we are demonstrating our commitment to back companies like EasyTranslate, that successfully merge advanced AI with real-world market needs.
About EasyTranslate: Founded in 2010 and headquartered in Copenhagen, EasyTranslate combines AI-powered technology with human expertise to deliver scalable translation and SaaS solutions.
About Danske Bank Growth: One-stop banking solution for startups and scale-ups aiming for international expansion. The Danske Bank Growth team specialises in growth companies and provides banking solutions that support their journey.