TestSolutions is a leading provider of comprehensive software testing services in German-speaking countries.
The investment strategy of COI Partners is geared towards promoting the company’s organic and strategic growth as well as its technological innovation capability.
TestSolutions
COI Partners and Patrimonium Private Equity acquire majority stake in Frankfurt-based software testing company TestSolutions GmbH
TestSolutions is a leading provider of comprehensive software testing services in German-speaking countries. The company covers the entire range of testing services with an international team of over 100 IT experts. The company has its own training and education academy as well as the offshore unit TestSolutions Rwanda Ltd. based in Kigali. Customers are predominantly blue-chip companies with a strong presence in the mobility, aviation and finance sectors.
High-performance service provider with strong growth prospects
The development of new software and IT solutions is a growth market. The testing of new applications usually accounts for around 20 to 30 per cent of total development costs. New security and data protection requirements are giving this market additional impetus.
The investment strategy of COI Partners is geared towards promoting the company’s organic and strategic growth as well as its technological innovation capability. To this end, TestSolutions is also focussing on the targeted acquisition of complementary companies on a national and international scale. TestSolutions’ declared aim is to become a leading provider of software testing services in the DACH region.
Christian Knoop – TestSolutions:
„After frequently being approached by internationally active software testing companies, we have decided to consolidate together with partners in German-speaking countries ourselves. The approach of COI Partners and Patrimonium and their many years of experience convinced us immediately – we are therefore delighted to have our new partners on board and look forward to the exciting projects we have planned.”
Jan Claussen – COI Partners:
„Due to the digitalisation of companies and public institutions, there is a large and growing demand for software testing services in the DACH region. TestSolutions has built up an excellent reputation in this market with its consistently high service quality and a strong starting position for further growth. Now it is time to capitalise on the opportunities arising from the high demand and technical trends such as the increasing importance of artificial intelligence. We are very pleased to support TestSolutions on this path.”
Status:
Active
Phase:
Buyout
Milestones:
Established: 2007
Invested in: 2023
Founders / Managing Directors:
Christian Knoop
Kai Stammnitz
Industry:
IT-Services
Software-Testing
HQ:
Frankfurt
COI Partners
Deal-Captain:
Jan Claussen
Website:
www.testsolutions.de
TestSolutions
"The approach of COI Partners and Patrimonium and their many years of experience convinced us immediately - we are therefore delighted to have our new partners on board and look forward to the exciting projects we have planned."
Christian Knoop
Managing Directors of TestSolutions
port-
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