Interpreters Unlimited, Inc. Doubles Revenue through Translation and Medical Transportation Company Acquisition

Author: Interpreters Unlimited, Inc.
Dateline: San Diego, California (SAN DIEGO, Calif.)  | Fri, 20 Dec 2013

freeNewsArticles Story Summary: “Interpreters Unlimited, Inc. today announced that it has recently acquired Albors and Alnet, a language and medical transportation company. And, the Bank of Southern California was instrumental in providing the financing for the acquisition. As a result of this acquisition, Interpreters Unlimited has doubled its number of employees; can now offer medical transportation services; and has a presence on the east coast.”



ARTICLE:

Interpreters Unlimited, Inc. today announced that it has recently acquired Albors and Alnet, a language and medical transportation company. And, the Bank of Southern California was instrumental in providing the financing for the acquisition. As a result of this acquisition, Interpreters Unlimited has doubled its number of employees; can now offer medical transportation services; and has a presence on the east coast.

"In addition to organic growth, this recent acquisition is the result of an aggressive in-house acquisition growth strategy," Shamus Sayed, vice president, sales and marketing for Interpreters Unlimited, says. "The service offerings of Albors & Alnet will enhance and complement our current language and interpretation offerings. We truly offer seamless services in a one-stop-shopping environment."

Additionally, the company has enhanced its presence in the workers' compensation industry; has doubled company revenue; and is able to create more jobs in response to a growing language and interpreter industry. Interpreters Unlimited is currently experiencing 15 percent organic growth year-over-year. There are no signs that this growth is slowing down.

Rene Albors, CEO of Albors & Alnet says that, "After 25 years in the workers' compensation industry, I'm proud that our mission to be a truly worldwide organization will continue under this new leadership."

The market drivers for language company growth are clear. Among them are: more global presence for businesses; exponential growth in the nation's immigrant population; federal and state requirements for translation interpretation has tripled; legislation mandates insurance and medical providers to offer interpretation and translation services; and the minority population in the U.S. is 35 percent.

In fact, in 2011, INC. Magazine listed three language companies among the fastest-growing private companies.

About Interpreters Unlimited, Inc.:

Interpreters Unlimited is a full service language agency that provides all forms of interpretation and translation service. With a database of more than 8,000 interpreters, its service offerings include in-person interpretation, document translation, telephone interpretation, video remote interpretation, and sign language interpretation in more than 130 languages.

In business for 40-plus years, Interpreters Unlimited, Inc. is one of the most established and largest language companies in California. This recent acquisition catapults it into having a national presence where it now ranks in the top 15 for language and interpretation companies.

About Albors & Alnet:

Established in 1988, Albors & Alnet focuses on providing interpreters and translators to the insurance industry. It also provides transportation to and from medical appointments for workers' compensation patients. It has a nationwide network that consists of thousands of language experts who offer a broad range of interpretation and translation services.

For more information about Interpreters Unlimited, Inc.: http://www.interpretersunlimited.com/ .

For more information about Albors & Alnet: http://www.alborsalnet.com/ .

To view a video about the value of translation services, visit: http://youtu.be/RmOcwuDuDpo .

###


Copyright © 2013 by Interpreters Unlimited, Inc. and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

• Web Image (72dpi): https://www.send2press.com/mediaboom/13-1220-interpunlim_400x300.jpg

• Media Contact Information: https://www.send2press.com/mediadrome/2013-12-1220-001.txt

Story Title: Interpreters Unlimited, Inc. Doubles Revenue through Translation and Medical Transportation Company Acquisition
• REFERENCE KEYWORDS/TERMS: translation services, San Diego, California, workers comp, Mergers and Acquisitions, Finance, Insurance, SAN DIEGO, Calif..

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Interpreters Unlimited, Inc.); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Fri, 20 Dec 2013 11:58:47 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.

NEWS SOURCE: Interpreters Unlimited, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope®.