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CLS Communication GmbH Friedrich-Ebert-Anlage 54 60325 Frankfurt am Main, Germany http://www.cls-communication.com
Contact Ms Doris Albisser +41 44 206 68 50
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CLS Communication GmbH

Zurmont Madison Private Equity acquires majority interest in CLS Communication AG

Zurmont Madison Private Equity L.P. ("Zurmont Madison") has acquired a majority interest in the leading language services provider CLS Communication AG ("CLS")

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Zurmont Madison Private Equity L.P. ("Zurmont Madison") has acquired a majority interest in the leading language services provider CLS Communication AG ("CLS"). The deal consists of a partial buyout of the existing managing shareholders combined with an increase in the company's equity. The funds will be used to make further acquisitions and finance ongoing global expansion. On completion of the transaction, the existing management team headed by CEO Doris Albisser will hold a substantial minority interest.

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