Butler Hill Group LLC, was a leading language technology consulting and services firm that helped clients develop technology offerings for international markets. Butler Hill's services included search, speech recognition, and text analytics.
This is a great development for Appen and Butler Hill. We see significant business growth opportunities coming from the merger that should benefit employees, clients and shareholders. It is a very exciting prospect to be able to provide even more optimized solutions to our clients."
Carter Morse & Mathias was Butler Hill Group's exclusive financial advisor arranging, structuring and negotiating a merger with Appen, Inc., a linguistic technology business based in Sydney, Australia and backed by Anacacia Capital, an Australia-based private equity firm. The merger of the two companies created a new global leader in linguistic solutions. With the help of its AICA Australian affiliate, AFG Venture Group, and the access AFG provided to an excellent group of local advisors, Carter Morse & Mathias performed considerable due diligence on Appen, given Butler Hill’s significant equity stake in the merged entity post closing.
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