Resillion, a global leader in quality assurance within the Internet of Things (IoT) ecosystem, has announced a new name and corporate rebrand.
The announcement follows the completion of the acquisition of the company, formerly known as Eurofins Digital Testing, by Stirling Square in December 2022.
A link to the Resillion announcement can be found here: https://www.eurofins-digitaltesting.com/news/new-name-resillion/
Stirling Square Capital Partners (“Stirling Square”), a leading pan-European mid-market private equity firm, today announces the signing of an agreement with Eurofins Scientific (“Eurofins”) to acquire Eurofins Digital Testing (the “Company”) in a primary transaction.
Eurofins Digital Testing was established in 2015 and has increased substantially in size and profitability over the past few years through organic growth, strategic investments and bolt-on acquisitions to expand its range of digital testing tools and services as well as its global reach. Eurofins Digital Testing provides global testing, quality assurance and technical analysis of digital systems, devices, content and cybersecurity. It is recognised as one of the leading players in its space in terms of technology, innovation and service quality. The Company employs over 600 staff.
Julien Horreard, Partner at Stirling Square, said: “Eurofins Digital Testing is a global leader in the tech-enabled digital testing space across the IoT value chain and we look forward to working with its first-rate management team to drive the next phase of its growth as an independent business.”
Dr Gilles Martin, Eurofins CEO, said: “Over the last 7 years, Eurofins Digital Testing has successfully grown to become a recognised leader in its space. In order to facilitate its further development, we have decided to pass the ownership of the business to Stirling Square. We wish the team at Eurofins Digital Testing further success on their onward journey.”