202209 Aug

Qualitest Acquires Hyderabad-based Quality Engineering Company ZenQ

Summary

This acquisition not only extends Qualitest’s strong geographical footprint in India with ZenQ’s facilities in Hyderabad, but also adds to their NextGen capabilities in Phygital, Analytics, Blockchain, and DevOps. ZenQ’s clients will benefit from Qualitest’s technologically advanced quality engineering solutions, positioning the combined businesses as the preferred digital transformation partner with expansive global resources. Qualitest achieves this by deploying engagement models tailored to the precise quality engineering needs of technology platforms in the financial services, telecom, healthcare, insurance, tech, retail, media, and utilities industries. Qualitest is majority-owned by international private equity group Bridgepoint, which acquired the company in October 2019 via its €5.7 billion flagship fund BE VI. ZenQ operates with 600+ engineers working across key Industry verticals including Banking, Healthcare and Retail alongside building significant capability in NextGen technologies such as Blockchain (Crypto), Phygital, Drones, Internet of Things (IoT) and Analytics.

Source: Businesswire

Funding

$
Amount
Sep 28 2022
Date
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Investor
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Company

Classifications

Companies