DA Languages are very proud to announce that leading private equity investment company – Foresight Group – have injected £3 million in funds to enable us to reach the next stage in our development as a burgeoning provider of language services to both public and private sector clients throughout the UK and beyond.
Foresight’s investment will build on DA Language’s rapid growth, and will be used to further expand and professionalise the Company as it continues to grow. Alongside the investment, Foresight has introduced a new Finance Director, Christina Tamblyn who was formerly FD of Ascribe, a healthcare software business.
Claire Alvarez, Senior Investment Manager, Foresight, commented: “DA Languages is a rapidly growing, successful business, whose services support and enable the increasingly multicultural and diverse society here in the UK. With an already strong market position, we are looking forward to helping DAL further diversify into the private sector translation market. We are confident that the Company will continue to go from strength to strength.”
Actar Arya, Founder and Managing Director, DA Languages, commented: “I have loved setting up DAL, providing useful services to those who need them. The company has grown rapidly and I am excited to bring further support on board to continue the business’s expansion plans.”
James Livingston, Partner, Foresight, added: “DAL marks the eighth investment made by the Fund which has now deployed more than £22 million into smaller growth businesses across the region. At the end of last year, our investees in the region had created over 160 jobs, a 35% increase from the previous year. DAL is a good reflection of the entrepreneurial culture that is so prevalent in the North West. FRIF now has a broad and diversified portfolio with several further new investments imminent. We look forward to working with DAL on the next step of its journey.”
All the staff at DA Languages are very excited about the future prospects of the company; and look forward to working with the Foresight team to help maintain our high client satisfaction rates and improve our service offering to all of our clients.