Predict your next investment

Corporation
rws.com

See what CB Insights has to offer

Partners & Customers

3

Service Providers

1

About RWS Group

RWS Group is an intellectual property (IP) support specialist providing patent translation, foreign filing and search services and PatBase, a professional patent search tool with over 20,000 users. RWS is the world's largest patent translation provider and ranks among the world's top 10 translation companies with its other specialist teams in the technical, commercial, pharmaceutical and medical areas covering the full spectrum of translation needs. RWS serves a blue-chip client base in Europe, North America and Asia from headquarters in the UK and production sites in Europe, Tokyo, and Beijing. RWS is listed on AIM, the London Stock Exchange regulated market (RWS.L).

RWS Group Headquarter Location

Europa House, Chiltern Park Chiltern Hill, Chalfont St Peter

Buckinghamshire, England, SL9 9FG,

United Kingdom

+44 0 1753 480 200

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest RWS Group News

This British Tech Entrepreneur Quietly Built A $1 Billion Fortune By Never Selling A Share

Aug 13, 2021

RWS Andrew Brode has shunned the limelight while expanding his empire through acquisitions at translations firm RWS and workplace training company Learning Technologies Group. A string of international acquisitions has helped British tech entrepreneur Andrew Brode coin a $1 billion fortune. In the latest deal by Learning Technologies, where Brode is chairman, the maker of training software for doctors and miners snapped up American rival GP Strategies for $394 million last month. The serial entrepreneur is also the chairman of RWS Group, which over a decade has transformed itself into one of the world’s largest corporate translation agencies—with $491 million in 2020 revenues— through a series of acquisitions. The deal-making at RWS and Learning Technologies bucks the trend of British tech companies being snapped up by larger American rivals. Brode’s nearly 16% stake in Learning Technologies is worth $336 million and his 23% slice of RWS is worth $735 million. Brode, 81, who boasts of never having sold a share in either company, has seen the stock market value of RWS leap from $71 million (£42 million) when it  listed via a reverse merger on the AIM exchange in 2003 to $3.18 billion (£2.28 billion) today. “I’m known in the City for the fact that I have never sold a single share,” says Brode. “I tell all my mentees that equity is blood and don’t sell unless you have to.” Brode started his career as a chartered accountant but his entrepreneurial career, and capital, stemmed from being asked to take over running a family publishing business, Croner Publications, which he sold to Wolters Kluwer in 1977 for £2 million. After a 13-year stretch working at the Anglo-Dutch publisher, Brode struck out on his own and inked a deal to buy the publisher’s legal journal, Eclipse, for £2.8 million in 1990, with the purchase funded by £2 million of seller financing from Wolters Kluwer, a £500,000 loan from Barclays Bank, and the remaining £300,000 from his own savings. An opportunity to buy U.K. patent filing and translation agency RWS emerged in 1995 out of Brode’s own language skills. Brode—who learned German from his parents, who fled Nazi Germany as refugees—had been headhunted by private equity firm 3i to work as a non-executive director of a Munich-based portfolio company. The London-based investors turned to Brode when 3i was approached to acquire Buckinghamshire-based RWS. Brode merged Eclipse and RWS, with 3i financing the £7 million deal; he took a 75% stake in the enlarged group. Brode sold the legal publishing business to Relx (formerly Reed Elsevier) for £43 million in 2000. “A business I bought for £3 million I sold for £43 million in 2000 and a month later the dot com crash [happened],” says Brode. “I’ve always said in business life that luck and timing are extremely important and brings the icing on top of the cake.” RWS went public in 2003 on London’s AIM market through a merger with a cash shell, valuing the business at $71 million (£42 million). Brode’s then 70% stake was diluted in the listing and subsequent share issuances used to finance the $320 million acquisition of the Czech Republic-based translation agency Moravia in 2017, and machine translation company SDL in a $1.1 billion deal in August 2020. Brode is still the largest individual shareholder in the business, which generated $64 million (£46.4 million) in profits on $473 million (£355.8 million) in revenues from translation and patent filing fees charged to its tech and life sciences clients, according to its full year results for 2020 . A similar streak of deal making at Learning Technologies Group, where Brode is also chairman and the largest shareholder, has vaulted the workplace talent and training company to a $2.2 billion (£1.6 billion) stock market valuation. Brode bought a small training company for $9.3 million (£4.7 million) in 2008—using proceeds from the sale of the legal publishing journal—and took it public via a cash shell merger with a $20 million (£15 million) valuation in 2013. He is also the chairman of British cybersecurity firm GRC International Group, which is also listed on AIM with a stock market value of $64 million. Brode has donated around $6 million (£5 million) to his former school, King Edward’s in Birmingham, and to provide scholarships for underprivileged language students at Manchester University, his alma mater, but says he shuns showy displays of wealth. “We don’t spend our money in any sort of flash way. I have no yacht, I don’t have a second property and we don’t speculate at all,” says Brode. “You might ask why I’m working at age 80 but I get my kicks out of the way that businesses I’m involved with expand and flourish.” Send me a secure  tip .

RWS Group Acquisitions

9 Acquisitions

RWS Group acquired 9 companies. Their latest acquisition was Horn & Uchida on July 07, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/7/2021

$991

Acquired

1

8/31/2020

Subscribe to see more

$99M

Subscribe to see more

10

6/9/2020

Subscribe to see more

$991

$99M

Subscribe to see more

10

6/9/2020

Grant

Subscribe to see more

$991

$99M

Subscribe to see more

10

1/17/2019

Subscribe to see more

$991

$99M

Subscribe to see more

10

Date

7/7/2021

8/31/2020

6/9/2020

6/9/2020

1/17/2019

Investment Stage

Grant

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$991

$991

$991

$991

Total Funding

$99M

$99M

$99M

$99M

Note

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

RWS Group Partners & Customers

3 Partners and customers

RWS Group has 3 strategic partners and customers. RWS Group recently partnered with Sustainability Accounting Standards Board on March 3, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

3/2/2021

Client

Sustainability Accounting Standards Board

United States

The Sustainability Accounting Standards Board (SASB) selects SDL to provide the scalable content management needed to support growing global use of SASB Standards

MAIDENHEAD , England -- -- SDL , part of RWS , today announces that the Sustainability Accounting Standards Board has chosen Tridion to power its digital transformation as part of its efforts to facilitate the global growth and adoption of its environmental , social and governance disclosure standards .

3

9/29/2018

Partner

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

5/4/2016

Partner

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

3/2/2021

9/29/2018

5/4/2016

Type

Client

Partner

Partner

Business Partner

Sustainability Accounting Standards Board

Country

United States

Subscribe to see more

Subscribe to see more

News Snippet

The Sustainability Accounting Standards Board (SASB) selects SDL to provide the scalable content management needed to support growing global use of SASB Standards

MAIDENHEAD , England -- -- SDL , part of RWS , today announces that the Sustainability Accounting Standards Board has chosen Tridion to power its digital transformation as part of its efforts to facilitate the global growth and adoption of its environmental , social and governance disclosure standards .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

3

10

10

RWS Group Service Providers

1 Service Provider

RWS Group has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

RWS Group Team

2 Team Members

RWS Group has 2 team members, including former Senior Vice President, Tom Shambo MS Ed..

Name

Work History

Title

Status

Tom Shambo MS Ed.

Senior Vice President

Former

Enrique Rosado

Senior Director

Former

Name

Tom Shambo MS Ed.

Enrique Rosado

Work History

Title

Senior Vice President

Senior Director

Status

Former

Former

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.