Geldards advise translation specialist Balthasar Ltd on sale to US based Trustpoint one

Geldards Corporate team has advised the shareholders of industry language specialist Balthasar Ltd on its sale to Trustpoint.one, one of the largest providers of integrated legal services in America.

Founded in 2000 Balthasar provides language services to industry, specialising in the HVAC and Renewables sectors, using state of the art technology to ensure accuracy and efficiency.

The acquisition by global legal solutions provider Trustpoint.One is the latest in a series of acquisitions as part of the firm’s continued commitment to growth and innovation in the language industry.

Geldards Corporate team led by Senior Associate Manjot Shokar advised the shareholders of Balthasar on all aspects of the sale, assisted by Tax Partner Andrew Evans who advised on the Tax elements of the sale.

Manjot Shokar, Senior Associate Geldards said:

“Geldards were delighted to guide Balthasar through this sale and enjoyed working closely with Peter and team. The sale is a great fit for both companies and we are delighted they have achieved a really positive outcome for the business. ”

Peter Baldus, founder Balthasar commented:

“From the outset we found Geldards to be alert and 100% in support of our interests. Manjot successfully managed our expectations regarding the timeline for completion and prepared us for all the legal hoops that we would have to jump through before completion.

For us this was new territory with many strange and incomprehensible rules and traditions. His extensive knowledge and experience helped guide us through and we would have no hesitation recommending Geldards to anyone undertaking a similar transaction.”