- Exponent’s Jeroen Regeur and Tim Easingwood will join TestingCo’s board
- Green Park Investment Partners will continue as a shareholder
- Exponent is a private equity firm headquartered in London
Exponent Private Equity has reached an agreement to make an investment in TestingCo, an independent software testing platform in the Netherlands.
No financial details of the transaction were disclosed.
TestingCo provides comprehensive software testing and quality engineering services for its blue-chip clients and their mission-critical systems.
Exponent’s Jeroen Regeur and Tim Easingwood will join TestingCo’s board.
Green Park Investment Partners, TestingCo’s existing partner, will continue as a shareholder and will be on the board.
“The software testing market is growing globally, supported by increasing complexity of software systems and applications, new technologies, and accelerated digital transformation, and the Dutch market stands out as one of the most mature and sophisticated,” said Jeroen Regeur, partner at Exponent.
TestingCo will expand Exponent’s presence in the Netherlands, following the firm’s establishment of an office in Amsterdam in 2021.
The transaction is subject to relevant regulatory approvals.
Exponent is a private equity firm headquartered in London.