iTranslate

Category
Exited, Mobile App, Productivity
i5INVEST SUPPORT
Coporate development, M&A support
About This Client

On 15th March 2018, iTranslate was acquired by IAC’s mobile and application division IAC Applications. Headquartered in New York, IAC is composed of digital brands such as Match, Tinder, Vimeo and ANGI Homeservices. With 80 million downloads iTranslate is the leading mobile translation application with more than 100 languages available to its users. iTranslate has been featured numerous times on the App Store, on international television and newspapers and their Apps are available for a wide range of platforms, including iPhone, iPad, Apple Watch, Mac and Android. i5invest acted as iTranslate’s Strategy and Corporate Development Advisory.
i5invest’s structured support involved:

  • Key Support in launch and expansion of the company’s subscription and software-as-a-service business model across their products and domains
  • Identifying key eco-system players and defining business development strategy and partnerships
  • HR / recruiting support
  • Business Development/Sales support
  • Reaching out to the ecosystem for strategic partnerships
  • Devising strategic and financial plan to show growth potential of iTranslate together with a strategic partner
  • Overall management and coordination of M&A process