Marlin Equity Partners, the investment firm that put together optical transport systems vendor Coriant, has agreed to acquire a majority stake in QualiTest Group, according to the Israel-based outsourced software testing and quality assurance company. Terms of the agreement were not disclosed.
QualiTest was founded in 1998 by Eli Margolin and Ayal Zylberman. The cofounders owned the company alongside investors Kedma Capital and Goldrock Capital, Israel-based private equity firms. Marlin will acquire the company shares Kedma Capital, Goldrock Capital, and Margolin hold. Zylberman, who currently serves as the CEO, is expected to continue to head the company following the acquisition.
"QualiTest's organic growth is a result of combining customer-centric business models, critical thinking, and a deep focus on our customers' challenges and goals," said Zylberman. "We are excited to have found a strong partner in Marlin to help support us in accelerating our organic growth, executing our ambitious acquisition strategy and delivering outstanding value to our customers."
QualiTest has expanded its operations into the U.S., UK, and India via the organic growth Zylberman cited as well as acquisitions. The company has been involved in a variety of test process initiatives, including a partnership with QualiSystems to target SDN test automation (see "Light the way to optical SDN reality with test & lab automation").
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