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London – October 29th, 2012 - WTA is delighted to announce that it’s client QualiTest Group, (www qualitestgroup.com), a global leader in Quality Assurance and Software Testing strengthened its position as the world’s second largest pure play testing services provider by acquiring TCL, a Software Testing firm. Prior to the acquisition QualiTest Group employed 1300 software testing professionals provided a variety of services to a broad portfolio of clients, including global Fortune 500 companies.
The TCL Group is a privately-owned company, based in the UK is an independent Software Testing Consultancy that employs over 130 Test Professionals. Founded in 2000 by Stewart Noakes who is joining QualiTest’s Group Management team and will now become the CEO responsible for UK, India and Europe, TCL has offices in the UK in London, Bristol and Exeter; in Zurich, Switzerland; in Cambridge, Massachusetts in the US; and in Bangalore, India and is also a pure play software testing business. Its Swiss operation is not part of the transaction.
Ayal Zylberman, President and founder of Qualitest Group said “We have engaged with WTA and specifically with Mr. Jeffrey Jenner on December 2011. WTA has identified prospects for acquisition, made contact with them and supported the entire acquisition process.
WTA supported the entire process and showed great professionalism together with a personal approach. Their assistance was a key parameter for the success of the process. Of particular importance was that Jeffrey reported upon and introduced us to a number of very relevant candidates which gave us genuine choice in making our decision.”
David Cotterell, QualiTest’s Director for Europe, added: “WTA and I worked very closely on this project and together we researched, prepared and made joint visits to the shortlisted companies we were interested in acquiring. As Jeffrey Jenner is from the IT industry it fast pathed our discussions as we could quickly “cut to the chase”. I found WTA to be incredibly organised and each meeting was individually planned. A pleasure to work with a proven IT M&A professional.