TestPlant acquisition wins European Deal of the Year Award
Facilita purchase recognised by Acquisition International Magazine
London, UK – December 2, 2013 – TestPlant, the maker of the eggPlant range of software quality tools, today announced that its recent acquisition of Facilita Software Development has been awarded TMT Deal of the Year – Europe by Acquisition International Magazine. I
n April 2013, TestPlant acquired long-term target Facilita – one of the UK’s most successful and credible software testing technology companies. The company’s lead product was a perfect match for the eggPlant product range and was already widely used across the public sector and in large enterprises to performance test applications, servers, websites and IT infrastructures of all sizes and complexity.
“We are delighted that the significance of the Facilita deal has been recognized by Acquisition International with this award,” said George Mackintosh, CEO of TestPlant. “The integration of Facilita’s technology into our product range has given a new dimension to our offering and eggPlant Performance has become a key element of the TestPlant proposition to our enterprise customers.”
The value of the acquisition to TestPlant can already be measured in the company’s financial performance.
“TestPlant had delivered a 70%+ CAGR over the past four years,” added Mackintosh. “The acquisition of Facilita will improve that performance and we’re delighted to report that line of product business that was formerly Facilita has very considerably exceeded expectations. The blend of products has raised our average order value and improved the ‘wallet-share’ of enterprise test spending won by TestPlant. And we now have a great additional group of people in our Manchester development center.”
An in-depth interview with George Mackintosh about the Facilita acquisition can be read online here.
About TestPlant
TestPlant is an international software business based in London. It has development centers in the USA and the UK with sales and support centers in the USA, the UK and Asia as well as an extensive network of business partners. The company was founded in 2008 by George Mackintosh and Jon Richards with venture capital backing and it has shown rapid revenue growth organically and through the acquisitions of Redstone Software and Facilita. TestPlant’s products are used in over 30 countries by well over 300 enterprise customers in sectors which include Financial Services, Automotive, Healthcare and Life Sciences, Media and Entertainment, Retail and Defense and Aerospace. The eggPlant range is a set of software quality tools which supports the design, development, test and management of software applications for mainframe, desktop and mobile use in any technology platform environment. The tools are relevant in agile, mobile, web and DevOps deployments. eggPlant use improves and reports on the quality and responsiveness of software systems, reduces time to market and lowers costs by introducing process automation. eggPlant tools have been granted patents with several applications pending. The company’s achievements have been recognised within the software industry and by the venture capital community.
TestPlant is also a Red Herring Global Top 100 company and was awarded a Queen’s Award for Enterprise in 2013. http://www.testplant.com
Media contact: Danny Sullivan PERGALI Ltd. Tel: +44 772 497 4255 Email: [email protected]