LOS ANGELES and LONDON, September 13, 2016 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has signed a definitive agreement to acquire QualiTest Group (“QualiTest”), a global leader in pure-play software testing and business assurance services. The completion of this transaction is subject to applicable regulatory clearances and other customary closing conditions. QualiTest combines industry-leading tools and methodologies to deliver a wide range of high quality testing and quality assurance solutions to large global enterprises across the technology, telecom, healthcare, finance, defense, media, utilities and retail industries. With offices in the United States, the United Kingdom, Israel and India, the company serves over 500 customers and employs over 2,000 experienced testing professionals worldwide.
“As a pioneer in pure-play software testing, QualiTest is at the forefront of industry innovation, including the development of knowledge-based IP, tools and methologies, that allow us to provide customers with best-in-class testing solutions,” said Ayal Zylberman, co-founder and CEO of QualiTest. “We are excited to have found a strong partner in Marlin to help support us in accelerating our organic growth, executing our acquisition strategy and delivering outstanding value to our customers.”
“With the consequences associated with flawed products too high, companies cannot afford application defects and increasingly view software testing and quality assurance as mission critical, strategically important components of their IT budgets,” said Jan-Olivier Fillols, a vice president at Marlin. “We believe QualiTest is well positioned to take advantage of favorable trends that are driving growth in the software testing and quality assurance market and look forward to supporting the company as it looks to rapidly scale and further expand geographically.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $3 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company’s outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 100 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
About QualiTest Group
QualiTest Group is the world’s second largest pure-play outsourced software testing and quality assurance specialist with offices in the United States, the United Kingdom, Israel and India. QualiTest focuses on large global enterprises in the technology, telecom, healthcare, finance, defense, media, utilities and retail industries and offers a wide range of testing solutions to meet customer’s business requirements, from engagement models to tailored testing by industry. QualiTest designs and delivers contextualized solutions utilizing unique testing-focused IP, products and methodologies that leverage deep industry-specific understanding with technology-specific competencies. For more information, please visit www.qualitestgroup.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.