Qualitest - the super-acquisitive testing business backed by Bridgepoint Capital - has bought Chicago-based Olenick & Associates. Olenick & Associates, founded 22 years ago by Tom Olenick (pictured) employs 250 consultants and specialises in QA and testing services for the utilities sector.
This is the third M&A deal for Qualitest this year: it's also bought comply, an Israeli testing company specialising in the pharmaceutical industry, and QA Infotech, an Indian software firm. Terms for the Olenick deal were not disclosed.
Founded in 1997, Qualitest describes itself as offering a wide range of AI-powered quality engineering and testing solutions by deploying engagement models tailored to the precise testing needs of technology platforms used by different industries, including financial services.