RWS Holdings plc (RWS.L, RWS LN)
RWS is the largest language services provider in the world, having acquired SDL in 2020. The market is worth well over $50bn, suggesting that, even as market leader, RWS has a market share of less than 2%. It has an extremely strong organic growth track record, but this has also been augmented by a variety of in-fill deals even before SDL in what is a highly consolidating sector. The company is primarily focused on regulated markets â Patents, Life Sciences, Technology â while it is largely a US/European operator. It is currently the only quoted company in its sector with the vast majority of peers in the hands of private equity.
|Brode Andrew Stephen||20.2|
|Liontrust Investment Partners LLP||11.2|
|Octopus Investments Ltd.||4.3|
|RGM Capital LLC||3.3|
|Hargreave Hale Ltd.||3.0|