Livingbridge is pleased to announce the merger of Centre4 Testing with The Test People. Livingbridge invested in Centre4 Testing in March 2015 and has been working with the management team in its continued growth, The Test People was identified as the perfect partner to accelerate growth and provide complementary software testing services.
The combined entity positions the organisation as the largest, fastest-growing, privately-owned UK software testing company. The organisation now offers a 350+ strong, UK-based team, , providing a seamless transition between on & offsite testing and first-class expertise in the fields of technical, automated and performance testing. With offices in Leeds, Manchester, London and Brighton, The Test People & Centre4 Testing can also offer clients an even greater local presence.
The merged company will be led by Miles Worne, CEO, Centre4 Testing, with existing directors from both companies combining to make an experienced leadership team.
Livingbridge, were supported by Yorkshire Bank in funding the merger with Paul Stout and Nicola Russell of Grant Thornton providing advice to Centre4 Testing and Livingbridge. The Test People were advised by Ed Groome, at Equiteq.
The deal was led by Mo Aneese and Paul Morris at Livingbridge with both investors joining the combined group’s board.
Miles Worne, CEO, Centre4 Testing commented: “Our merger brings together two strong companies and two outstanding and highly compatible teams. In doing this we are creating the leading independent UK software testing company which can unlock the huge potential of our clients, our markets and the potential of our people.”
“Clients have increasingly communicated the need for software testing partners to provide in-depth advisory services and innovation, and to offer a higher level of support with clients’ product roadmaps as their own technical environments have become more complex.”
Gav Winter, Managing Director, The Test People commented: “The Test People has always had the desire to become the UK market leader in software testing so we couldn’t be more excited about the opportunities that our combined organisation creates; to meet the increasing demands of our clients, offer even greater career development for our people and to really start to change the UK software testing industry for the better on a much larger scale.”
Mo Aneese, Livingbridge commented: “We are delighted to have supported the merger of two fastest growing, marketing leading software testing service providers. Our original investment in Centre4 Testing was predicated on consolidating a fragmented software testing market. This merger is a major milestone, and firmly places the combined group as the independent market leader. The complementary nature of both businesses is exciting and one we believe is compelling to clients. We look forward to working with the combined management team on the next phase of this exciting journey.”