QualiTest Group, a portfolio company of Marlin Equity Partners, has acquired Test Direct Limited, a provider of software testing and quality assurance services. Marlin acquired QualiTest Group in September 2016.
Software testing is a planned process that is used to identify the correctness, completeness, security and quality of software. Testing is generally done to demonstrate that the software is doing what it is supposed to do and that the software is not doing what it is not supposed to do. The goal of a quality assurance is to provide assurance that a product is meeting customer’s quality expectations. Test Direct provides its services to customers in a range of industries with particular specialization in the financial services sector. The company was founded in 2002 and is headquartered north of Liverpool in Preston, UK (www.test-direct.com).
QualiTest Group is a provider of outsourced software testing and business assurance services with offices in the US, UK, Israel and India. The company focuses on large global enterprises in the technology, telecom, healthcare, finance, defense, media, utilities and retail industries. QualiTest is headquartered in Fairfield, CT (www.qualitestgroup.com).
“Test Direct is a highly synergistic acquisition that brings a complementary service offering, strong customer base and talented management team to QualiTest’s existing UK business,” said Jan-Olivier Fillols, a Vice President at Marlin. “The addition of Test Direct validates our commitment and shared vision of diversifying QualiTest’s geographic footprint and accelerating growth through acquisitions.”
Marlin invests in businesses that have revenues of $20 million to $1 billion and are in the process of undergoing varying degrees of operational, financial or market-driven change. The firm is headquartered in Los Angeles with an additional office in London (www.marlinequity.com).
“The acquisition of Test Direct secures our position as one of the largest independent software testing and quality assurance companies in the UK,” said Ayal Zylberman, co-founder and CEO of QualiTest. “We look forward to working with the Test Direct team to deliver a wider range of capabilities to our customers, career advancement opportunities for our employees and thought leadership to the testing and quality assurance market.”
© 2016 Private Equity Professional • 11-15-16
