Marlin Equity Partners has acquired Tel Aviv-based QualiTest, a software testing and quality assurance company. No financial terms were disclosed. Mooreland Partners provided financial advice to QualiTest on the transaction.
LONDON, Sept. 28, 2016 /PRNewswire/ — Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, today announced that it acted as the exclusive financial advisor to QualiTest on its sale to Marlin Equity Partners. The sale of QualiTest further strengthens Mooreland Partners’ position as a leading global M&A advisor on cross-border, private equity transactions in the Enterprise Software & Services sector.
Headquartered in Tel Aviv, Israel, QualiTest is the world’s second largest pure-play software testing and quality assurance specialist, with additional offices in the US, the UK and India. The company offers managed testing services to large global enterprises in the technology, telecom, healthcare, finance, defense, media, utilities and retail industries. QualiTest designs and delivers contextualized solutions to meet customers’ business requirements, using unique testing-focused IP, products and methodologies that leverage deep industry-specific understanding with technology-specific competencies.
“The partnership between the QualiTest management team and Marlin marks the start of an exciting phase for the Company that is poised to deliver strong international growth and success,” said Patrick Seely, Managing Director, Mooreland Partners.
Marlin Equity Partners is a global investment firm with over $3 billion of capital under management. The firm invests in businesses across multiple industries and is focused on providing corporate parents, shareholders, and other stakeholders with solutions that meet their business and liquidity needs.
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Founded in 2002, Mooreland Partners is a leading independent investment bank providing M&A and private capital advisory services to the global technology industry, serving clients from its offices in London, New York, and Silicon Valley. Mooreland’s team of nearly 50 professionals delivers industry domain and transaction expertise across all major technology sectors including industrial technology and electronics, enterprise software and services, communications technology, as well as mobile and digital media. Learn more at www.moorelandpartners.com; read our blog.