VIQ Solutions Acquires Auscript Australasia
December 13, 2021
VIQ Solutions Inc. completed the asset acquisition of Auscript Australasia Pty Ltd, a leading Australian court recording and transcription services provider, for approximately USD 7.65 million (AUD 10.7 million). The deal adds about USD 12 million in annualised revenue, more than 2.3 million pages of transcripts and ~200,000 hours of recordings per year, expanding VIQ's footprint and capabilities in the Asia-Pacific legal and justice markets.
- Buyers
- VIQ Solutions Inc.
- Targets
- Auscript Australasia Pty Ltd
- Industry
- Legal Services
- Location
- Queensland, Australia
- Transaction Type
- Buyout
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