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Announced

Qualitest to acquire ZenQ.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Majority

Friendly

Private

software testing firm

India

Cross Border

Pending

Software

Acquisition

Private Equity

Synopsis

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Qualitest, an AI-powered quality engineering company, agreed to acquire ZenQ, an India-based software testing company. Financial terms were not disclosed. "Becoming a part of Qualitest means becoming a part of something bigger. Qualitest and ZenQ share a common vision to provide the most advanced and customer-centric quality engineering capabilities available in the world. By joining forces, we will leverage our varied expertise to assure the quality of our clients’ deployments and their overall operational readiness," Murali Bollu, ZenQ CEO.

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