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NorthEdge Capital supports two key acquisitions for Catalis Group’s Testronic 

Lower mid-market private equity firm NorthEdge Capital has supported gaming quality assurance and testing firm Testronic Labs, part of the Catalis Group, with two new acquisitions.

Testronic Labs has acquired Check Disc Labs (CDL) and Giant Interactive, representing the third and fourth acquisitions for Catalis Group since NorthEdge’s initial investment into the firm in 2020.

The two deals follow a series of other bolt-on acquisitions in NorthEdge’s technology portfolio over the last 12 months.

CDL, a quality assurance provider for physical and digital media content, and Giant Interactive, a provider of award-winning entertainment and content delivery services, will join the Testronic family, adding 120 highly experienced engineers and executives to the team, as well as two new offices in Hollywood and New York.

The acquisitions will allow Testronic to further expand its presence in the US, onboard new international clients, and add more talent and services to its operations, which will increase its ability to scale and respond to the demands of the market.

Ray Stenton, Partner, and Nicola McQuaid, Director at NorthEdge Capital have played a key role on the Catalis Group management board since the private equity firm’s initial investment. As part of the partnership, NorthEdge remains committed to providing support for Catalis Group’s ambitious growth plans.

Ray Stenton, Managing Partner at NorthEdge said: “The acquisitions of CDL and Giant further reinforce Testronic’s position as a leading provider of content quality control and testing services. It’s an exciting time for the Catalis Group and we look forward to seeing the business continue to grow its global presence organically and through further strategic acquisitions in the coming years.

“CDL and Giant follow a series of other bolt-on acquisitions in NorthEdge’s Technology portfolio over the last 12 months, including Altia’s acquisition of VeriSaaS and Correla’s acquisition of CloudKB, and represent the third and fourth bolt-on acquisitions for Catalis since our investment in 2020. We are proud of the role we play in supporting our companies to deliver on their value creation plans, building better businesses as a result.”

Jason Gish, President of Testronic’s Film & Television division said: “Testronic has been serving the film and television community for over 20 years and has a high reputation amongst some of the largest studios.

“Adding Giant and CDL not only increases our offering but also introduces new clients that we can service and adds incredible talent to our growing team. I am thrilled we’ve been able to create this alliance with two companies I have long known and respected.”

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About NorthEdge  NorthEdge is a lower mid-market private equity firm headquartered in the North, owned, and built by its senior team, supported by a global blue chip investor base. They have £900m AUM across four regionally focused funds.  Headquartered in Manchester, with offices in Leeds and Birmingham, the NorthEdge team have a 25-year track record of investing in businesses with ambitious management teams and significant growth potential. Its current portfolio of 25 businesses employs over 6,900 people.  NorthEdge looks to invest in like-minded businesses and management teams who have real ambition and the potential to shape global markets. They back management teams, in the Technology, Healthcare, Business Services and Specialised Industrials sectors, who recognise the value of having an experienced business partner alongside them, supporting them to build a better business.  https://northedge.com/ 

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