LOS ANGELES, May 23, 2022 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired eureQa, LLC (“eureQa”), a leading provider of an AI-powered, purpose-built SaaS test automation platform for testing digital applications. The company’s comprehensive product offering provides no-code performance and end-to-end testing of web, mobile, API, database and enterprise e-commerce packaged applications. eureQa will be merged with Worksoft, an existing Marlin portfolio company, further expanding Worksoft’s Connective Automation platform capabilities and creating a comprehensive automation platform to help organizations understand, de-risk and optimize end-to-end business processes.
“The addition of eureQa’s AI-driven SaaS testing platform and its additional strengths in performance and mobile testing expands our offering to provide a robust platform that looks holistically across business and technology investments to ensure quality and deliver tangible automation ROI,” said Tony Sumpster, CEO of Worksoft. “eureQa has developed an exceptional platform, and we’re excited to welcome the team to the Worksoft family.”
“Providing outstanding end-to-end digital experiences for customers is becoming increasingly critical to our success,” said Badri Nittoor, Founder and CEO of eureQa. “Our combined capabilities provide customers with a flexible, resilient platform supporting validation and execution across the enterprise application landscape, enabling enterprises to accelerate release speed, reduce defects and elevate user experiences.”
“eureQa presents a unique opportunity to expand Worksoft’s existing product capabilities from primarily SAP use cases into e-commerce applications, while leveraging a proprietary platform for performance and device testing to better serve customers’ digital applications,” said Ryan Wald, a managing director at Marlin. “We are looking forward to partnering with the eureQa team to continue building a premier platform for global enterprises.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $8.1 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 strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 200 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
About Worksoft
Worksoft provides Connective Automation for world leading global enterprises, automating the full lifecycle of a business process from process intelligence to testing to RPA. Our codeless automation empowers business users and IT to create and accelerate automation and arms organizations with 360-degree process insights to prioritize and speed test automation creation and reuse in production to maximize efficiency and scalability. With Worksoft, enterprises can accelerate project timelines and ensure data-driven quality for complex end-to-end custom and enterprise applications, including SAP, Oracle, Salesforce, Workday®, SuccessFactors, ServiceNow and more. Recognized by analysts and top Systems Integrators (SI) as a market leader for SAP testing, Worksoft is embedded into leading SI ERP practices to enable their Agile, DevOps and SAFe methodologies and accelerate transformation initiatives.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.