Worksoft has been acquired by Marlin Equity Partners
About Worksoft
- Worksoft is the industry’s leading continuous test automation platform for packaged enterprise applications (e.g. SAP, Oracle, Salesforce and Workday)
- The company’s solutions enable true end-to-end, unattended automated testing of mission-critical business processes
- Chosen by the world’s foremost global systems integrators such as Accenture, IBM and Cognizant, Worksoft is embedded into their ERP practices to support their Agile, DevOps and SAFe methodologies and accelerate digital transformations
- Founded in 1998, Worksoft is headquartered in Addison, TX
About Marlin Equity Partners
- Marlin Equity Partners is a global investment firm, headquartered in Los Angeles, with over $6.7 billion of capital under management
- The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs
- Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value
- Marlin, through its group of funds and related companies, has successfully completed over 140 acquisitions
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Digital transformation has enabled vendors across a wide range of industries to improve product offerings, drive deeper engagement with customers and optimize selling and marketing efforts, but has also demanded these enterprises modernize their core business application environments to keep pace. This transformative shift to modern platforms has made the discovery, test creation and automation of business processes mission-critical.
Lee Constantino
CEO, Worksoft
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Worksoft’s leadership in continuous test automation positions the company as a key constituent for modern enterprise IT to address the heightened demands for speed and quality in the current environment of digital transformation. We recognize Worksoft is at the forefront of a technological shift and are excited to partner with the management team to help them capture a broader share of the test and process automation markets.
Ryan Wald
Managing Director, Marlin Equity Partners
Transaction Notes
- Marlin’s acquisition of Worksoft was announced on February 25, 2019; financial terms were not disclosed
- Shea & Company served as the exclusive financial advisor to Worksoft