Sorrento Valley-based Interpreters Unlimited Inc. bought Albors & Alnet, a language translation and medical transportation company based in Winter Park, Fla.
Financial terms of the sale were not disclosed. Bank of Southern California provided financing for the deal.
Interpreters Unlimited is a full-service language agency established in 1970. It reported $7.2 million in revenue for 2012 and $6.9 million for 2011. Sayed Ali is president.
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.
— SDBJ Staff Report