M&A Deal Summary

QualiTest Acquires AlgoTrace

On December 12, 2019, QualiTest acquired software company AlgoTrace

Acquisition Highlights
  • This is QualiTest’s 7th transaction in the Software sector.
  • This is QualiTest’s 1st transaction in Israel.

M&A Deal Summary

Date 2019-12-12
Target AlgoTrace
Sector Software
Buyer(s) QualiTest
Deal Type Add-on Acquisition

Target

AlgoTrace

Beit Dagan, Israel
AlgoTrace LLC provides the tools data analysts and data scientists need to simplify and accelerate prediction modeling processes. AlgoTrace software tool helps organizations to take the right decisions based on clear inputs that are based on facts and patterns discovered by our prediction engine. AlgoTrace LLC was founded in 2016 and is based in Beit Dagan, Israel.

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Buyer(S) 1

Buyer

QualiTest

London, United Kingdom

Category Company
Founded 1997
Sector Information Technology
DESCRIPTION

QualiTest is a global provider of quality assurance and software testing services. Qualitest specializes in AI-powered Digital Assurance, Automation, Performance Engineering, Cyber Security Testing, Accessibility Testing, Blockchain IOT and Drone Technology Assurance. 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. QualiTest was founded in 1997 and is based in London, United Kingdom.


DEAL STATS #
Overall 8 of 12
Sector: Software M&A 7 of 8
Type: Add-on Acquisition M&A Deals 6 of 10
Country: Israel M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-24 NCC Group SDLC

United Kingdom

NCC Group SDLC Ltd. is a specialist and provider of tailored solutions in software testing, quality assurance and test consultancy in the U.K., including performance and functional testing, bespoke automation tools and digital transformation assurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 QA InfoTech

Noida, India

QA InfoTech is a software quality engineering and testing services provider that caters to the varying quality needs of businesses ranging from Fortune 500s to start-up companies. Following the approach of making testing cost-effective and methodical, the company provides an array of testing services from automation, functional, mobile, performance, accessibility, usability, security, content, globalization and localization, cloud and crowdsourced testing to data science analytics and TCoE quality consulting. QA InfoTech was founded in 2003 and is based in Noida, India.

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