RWS Completes Acquisition of Acolad's Parent Company, Acogroup

RWS has completed its acquisition of Acogroup, the parent company of language and content services provider Acolad, after securing French regulatory approval and completing worker representative consultations, according to a company filing on the 2nd. The deal, first announced on August 3rd, values the transaction at a total consideration of £40.2 million, with an enterprise value of £22.4 million, including approximately £17.8 million in cash secured at closing. RWS is funding the acquisition through its existing financial facilities. Paris-based Acolad employs roughly 1,200 people across 22 countries in Europe and North America, and reported 2025 revenue of £182 million with adjusted EBITDA of £13 million, with about half of sales coming from regulated industries. The acquisition expands RWS's language services footprint in Europe and North America. Investors will watch for integration progress and how Acolad's regulated-industry client base contributes to RWS's future earnings.