M&A Deal Summary

Bridgepoint Acquires QualiTest Group

On July 10, 2019, private equity firm Bridgepoint acquired software company QualiTest Group from Marlin Equity Partners

Acquisition Highlights
  • This is Bridgepoint’s 7th transaction in the Software sector.
  • This is Bridgepoint’s 10th transaction in the United States.
  • This is Bridgepoint’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2019-07-10
Target QualiTest Group
Sector Software
Buyer(s) Bridgepoint
Sellers(s) Marlin Equity Partners
Deal Type Secondary Buyout

Target

QualiTest Group

Fairfield, Connecticut, United States
website
QualiTest Group is a global provider of quality assurance and software testing services. QualiTest is focused on providing onshore services at customer sites or through test centers local to the markets. With over 900 testing professionals worldwide, QualiTest provides services to global Fortune 500 companies, as well as large and small organizations. Company are committed to improving quality by providing superior solutions and advanced QA & testing methodologies. QualiTest offers a wide variety of QA and testing services such as: Test Process Improvement, Test Automation, Performance testing, Onshore testing outsourcing, flexible testing staffing, Exploratory Testing, Scrum Testing and testing tools.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Bridgepoint

London, United Kingdom

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1984
PE ASSETS 28.2B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Bridgepoint is a large European private equity firm that invests in middle-market companies across a broad range of industries with an enterprise value of €200 - €1000 million. Prospective transaction situations include buyouts, buy-ins, growth financings, consolidations, and take privates. The firms invest in the range of €75 - €400 million transaction. Bridgepoint Development Capital specializes in investments in businesses valued up to a €150 million, taking equity stakes of between €10 million and €75 million. General sectors of interest include consumer products and services, retail, financial services, healthcare, media, technology, industrials, and business services. Bridgepoint was formed in 1984 and has offices in London, Frankfurt, Luxembourg, Madrid, Milan, Paris, Stockholm and Warsaw.

DEAL STATS #
Overall 134 of 164
Sector (Software) 7 of 8
Type (Secondary Buyout) 54 of 68
State (Connecticut) 1 of 1
Country (United States) 10 of 12
Year (2019) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-25 Acteon

Merignac, France

Acteon is a French Medtech company specializing in design and manufacturing of high-tech dental and medical devices. Recognized for its innovation capabilities, the quality of its products and the expertise of its management team, Acteon is ideally positioned in a growing market driven by long-term trends. Acteon also benefits from a diversified geographical exposure. Acteon was founded in 1946 and is based in Merignac, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-19 Estera Group Services Limited

Belfast, Ireland

Estera is a global provider of corporate, trust, fund and accounting services. The company was created following a management buyout of the fiduciary group of Appleby. It rebranded as Estera in April 2016.

Sell -

Seller(S) 1

SELLER

Marlin Equity Partners

Hermosa Beach, California, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2005
PE ASSETS 8.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Marlin Equity's headquarters in Hermosa Beach, California.
Marlin Equity's headquarters in Hermosa Beach, California.

Marlin Equity Partners is a private investment firm focused on acquiring distressed businesses with sales of $10 million to $2 billion. Marlin has a special interest in non-core or underperforming divisions of larger corporations, as well as companies facing some sort of financial, operational or market-related transition. Marlin is a generalist investor and will consider opportunities in technology (software, IT, payment systems, hardware, communications, internet), healthcare, consumer (apparel, retail, consumer products, food/beverage), services (business, financial, consumer, education), manufacturing (automotive, industrial, metals, plastics), aerospace, defense, and media. Marlin prefers businesses with scalable business models, strong installed customer bases, defensible market positions, and barriers to entry. Marlin Equity Partners was formed in 2005 and is based in Hermosa Beach, California with an additional office in London.

DEAL STATS #
Overall 36 of 55
Sector (Software) 15 of 22
Type (Secondary Buyout) 5 of 9
State (Connecticut) 1 of 1
Country (United States) 31 of 42
Year (2019) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-10 Fourth

London, United Kingdom

Fourth provides complete, end-to-end restaurant and hospitality management solutions that empower operators to optimize profits, enhance guest satisfaction, improve employee engagement and scale profitably. Developed by hospitality professionals for hospitality professionals, Fourth offers an intuitive, all-in-one hospitality operations technology platform for purchase-to-pay and inventory and workforce management – underpinned by advanced demand forecasting, predictive analytics, and collaboration tools, as well as full-service payroll, benefits, and HRO services. Fourth was founded in 1999 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-09 SmartSearch

Leeds, United Kingdom

SmartSearch is a provider of a regulatory compliance software platform that enables customers to adhere to the latest anti-money laundering (AML), customer due diligence and know your customer (KYC) obligations. SmartSearch is based in Leeds, United Kingdom.

Buy -
Mergr

Product

Company

Legal