Patrimonium Private Equity’s and COI Partners’ portfolio company TestSolutions acquires AS-QA Software Quality Assurance GmbH business operations

TestSolutions GmbH, a portfolio company of Patrimonium Private Equity and COI Partners, has acquired the business operations of ASQA Software Quality Assurance GmbH by way of an asset deal. Operations will be continued seamlessly at the Berlin site, and jobs are expected to be retained. TestSolutions was legally advised by a team led by Hamburg-based HEUKING Partner Dr. Peter Christian Schmidt.

Founded in 2007 and headquartered in Frankfurt am Main, TestSolutions is a software testing specialist with some 250 employees. The company provides comprehensive testing services for highly regulated industries, including aviation, automotive, finance, and healthcare. Its service portfolio spans test consulting and test management, test automation, and performance testing. TestSolutions also operates its own academy for professional testers, training in line with international standards. The company uses flexible onshore and offshore delivery models and increasingly leverages AI-supported tools to accelerate testing cycles and shorten customers’ time to market.

Patrimonium Private Equity is advised by Patrimonium Private Equity Advisors AG, a subsidiary of Patrimonium Asset Management AG. Patrimonium manages private market investments across real estate, private debt, private equity, and infrastructure, primarily in Switzerland, Germany, and neighboring countries. As of December 31, 2024, Patrimonium managed assets of CHF 5 billion and employed more than 70 people in Zurich and Lausanne.

Counsel to TestSolutions GmbH
HEUKING:
Dr. Peter Christian Schmidt (Lead, Corporate / M&A),
Dr. Eva Kettner, LL.B. (Employment),
Sandra Pfister, LL.M. (University of Sydney), (Finance),
Jan Mensching, LL.M. (Nottingham Trent University), (Corporate / M&A),
Beliardis Ehlert-Gasde (Finance),
Paul Paepke (Employment),
Sebastian Mangold (Finance), all Hamburg