October 4, 2019
Technology, Software, AI (Artificial Intelligence), Tech-Enabled Services, Business Services
Mergers and Acquisitions
GCA Co-Advises Marlin Equity Partners on Its Sale of a Majority Stake in Qualitest to Bridgepoint
GCA co-advised Marlin Equity Partners on its sale of the majority stake in Qualitest, the world’s largest provider of pure-play outsourced software testing and quality assurance services, to Bridgepoint, an international private equity group.
Founded in Israel in 1997, Qualitest has a service delivery platform that spans the US, the UK, Israel, Romania and India and offers a wide range of AI-powered quality engineering and testing solutions, deploying engagement models tailored to the precise testing needs of key industries and technology platforms. The company serves some of the most innovative mid- to large-sized brands in the technology, financial services, retail, telecom, healthcare, insurance, aerospace, media and utilities industries.
Brands are increasingly turning to Qualitest to help them navigate a changing software landscape where delivering a superior customer experience has become increasingly dependent on technology and the threat of cyber-attacks and data breaches are ever present. With agile, DevOps, AI, and test automation changing how software is developed and deployed, companies are seeking Qualitest's help to increase release cycle velocity and speed to market. Qualitest's expertise lies in mitigating the business risks associated with software releases. The additional investment will enable Qualitest to grow market share by accelerating its global acquisition strategy, strengthening its product development and investing further in talent.
Jan Fillols, Managing Director of Marlin Equity Partners, said: "Qualitest is an exceptional business which, under our ownership, has become the world's leading pure-play software testing and quality assurance company. With its market leading proposition in an industry experiencing multiple tailwinds we believe it is well positioned for continued success."
Deal Type Mergers and Acquisitions, Strategic Alliance
Sector Financial Technology, Financial Technology and Services, Insurtech (Insurance Technology), Technology
Deal Type Debt Advisory
Sector Digital Media, Digital Media and Media, Software, Technology
Deal Type Mergers and Acquisitions
Sector Business Services
Deal Type Debt Advisory, Mergers and Acquisitions
Sector Consumer / Retail / E-commerce / Leisure, Tech-Enabled Services, Technology, Travel, Travel & Hospitality Technology