Private shareholders have sold telexiom to Qualitest Group, a portfolio company of Bridgepoint
telexiom, founded in 2008 and headquartered in Cologne, Germany, is a leading information technology (IT) services firm with a special focus on services in the areas of software testing and test automation, software development, IT security and IT management/managed services. telexiom has an excellent base of over 200 highly qualified IT specialists to serve its sophisticated clients’ demands. Its client base includes leading financial services players such as banks and insurances, telecommunications, healthcare and institutions from the public sector.
Qualitest, founded in Israel in 1997, is positioned in the market as a trusted and modern quality engineering partner. Delivering superior customer experience, the company is committed to the highest quality standards at record-breaking time-to-market with worldwide presence and global service delivery capabilities. Qualitest’s worldwide customer base benefits from the combination of global project teams with market-leading artificial intelligence-led quality engineering.
Anbu Muppidathi, President and designated Chief Executive Officer of Qualitest, commented, “The leadership team at telexiom has done an amazing job at building the company. We’re looking forward to making our customers’ businesses stronger. Qualitest and telexiom have a shared commitment to customers and employees. The union of our two companies accelerates the realization of Qualitest’s aspirations to become the trusted digital engineering service provider.”
Masod Karimi, Founder of telexiom, added, “With Qualitest, the globally leading software testing and quality assurance powerhouse, we are highly confident to further strengthen our position in the market. The partnership is highly synergistic and provides clear strategic advantages for both our clients and employees.”
Dr. Michael Drill, Managing Director and Chief Executive Officer of Lincoln International Germany, commented, “Qualitest emerged not only as the final bidder of a competitive process but also crystallized as an excellent strategic choice for taking the telexiom success story to the next level.”
Daniel Brochhaus, Director at Lincoln International, said, “As the 10th deal for the IT and digital services practice in the firm’s DACH region, the deal marks an important milestone. We sincerely thank Mr. Karimi and his team for their trust and great support during the whole process.”