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AppLabs Acquires IS Integration

 
  • AppLabs Technologies (AppLabs) is a U.S.-based global IT services company with wide-ranging operations predominantly in product performance and security testing
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  • IS Integration (ISI) is a leading UK-based IT and business solutions testing consultancy
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  • AppLabs Technologies retained TM Capital to develop and implement its strategic acquisition strategy to facilitate vertical and geographical expansion
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  • TM Capital assisted AppLabs in structuring and negotiating the terms of its acquisition of ISI, valued at approximately $37 million
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  • As a combined entity, AppLabs will become the largest global provider of IT testing services, with a combined staff base of approximately 1,500 employees and a forecasted $75 million in revenue



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