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Planit announces Partnership with Archer Growth
Planit Software Testing Group (“Planit”) is pleased to announce that it has entered into a partnership with leading mid-market Private Equity firm Archer Growth to provide growth capital to expand the business into new geographies and service areas.
About Planit Software Testing
Established in Australia in 1997, Planit is a world leader in software testing consultancy and training, offering best-in-class functional, performance, automation and security testing services as well as innovative solutions via our cloud-based platform. Possessing a strong track-record servicing many of the leading commercial organisations and Government departments from Australia, New Zealand and globally, Planit adds value to clients’ bottom line by increasing their return on technology by adding reliability and performance to the systems that run their business.
As a world leading provider of training in the disciplines of software testing, agile methods and business analysis, Planit leads the Asia Pacific market in the delivery of ISTQB, BCS and iSQI Certified Agile qualification courses and is expanding this core offering on a global basis.
Today, Planit remains privately held, employing in excess of 650 highly skilled software testing staff across our network of offices, including Sydney, Melbourne, Perth, Auckland, Wellington, Hamilton, Christchurch and London, with additional capacity via our offshoring capability in New Delhi.
The partnership with Archer Growth will rapidly accelerate Planit’s sustained organic growth strategy, in particular leveraging its recent entry into the UK market and allowing further European, Asian and Australasian geographical expansion plans to be realised over the 2-3 years. The Planit executive and leadership team remain in place and are excited and committed to realising the next chapter in the continued growth and success of the Planit business.
About Archer Growth
Based in Sydney and founded in 2006, Archer Growth is a leading Australasian Private Equity house, with a strong track record of partnering with high quality business founders and management teams to execute on growth initiatives.