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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