27 September 2016

Investec Growth & Acquisition finance supports marlin equity partners in primary buyout of qualitest group

Investec Growth & Acquisition Finance and Silicon Valley Bank have partnered to support Marlin Equity Partners in the successful primary buyout of software testing and business assurance company, QualiTest Ltd.

QualiTest, is the second largest pure play software testing and business assurance services company in the world, with operations in the US, the UK, Israel and India. Founded in 1998, the business services blue chip clients across a variety of sectors including finance, technology and healthcare.

This deal represents Investec’s first transaction with Marlin Equity Partners, a global private equity firm, with over $3bn of capital under management. To date, Marlin has raised six funds and deployed capital in the US, Western Europe and Canada; completing over 100 transactions with a significant track record in technology and technology enabled companies.

Shaun Mullin of Investec Growth & Acquisition Finance said:

“The financing package provided will enable QualiTest to move forward in its next phase of growth to become the global leader in its market. We are extremely pleased to be working with Marlin Equity Partners and the QualiTest team. Investec prides itself on its ability to meet the unique requirements of private equity firms and their portfolio companies, proving itself as a valuable partner for long-term growth.”

Jan-Olivier Fillols, a vice president at Marlin, commented:

“We believe QualiTest is well positioned to take advantage of favorable trends that are driving growth in the software testing and business assurance market and look forward to supporting the company as it looks to rapidly scale organically and through acquisitions.”

Ayal Zylberman, co-founder and CEO of QualiTest added:

“We are excited to have found a strong debt financing partner in SVB and Investec to support us in our journey of making QualiTest the world’s largest software testing specialist”