Averna and Spherea Join Forces to Build a Leading Test & Quality Engineering Systems Integration Organization
Averna Technologies, a portfolio company of Walter Capital Partners, has reached a major milestone: Averna has accepted an acquisition offer from French company Spherea, a transaction valued at over $320M that will create the global leader in test and quality engineering solutions.
Walter Capital Partners and Averna’s leadership team will remain shareholders in the new group formed by Spherea and Averna.
Since Walter Capital Partners’s investment and collaboration with Averna’s leadership team in 2021, the company has followed an exceptional trajectory. Its organic and acquisition-driven growth, supported by a disciplined and ambitious strategy, has enabled it to triple in size in less than five years and establish a presence in 13 countries.
Read the full press release here.