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Ardian makes €2m minority investment in Neotys

19 Jun 2014

testingFrench private equity firm Ardian has bought a minority stake in testing software company Neotys for €2m to fund its international expansion.

Neotys designs and markets NeoLoad, which tests the performance capabilities of web and mobile applications during high amounts of digital traffic.

The software simulates internet and mobile traffic and analyzes the access and response times of applications and infrastructure.

The company currently has more than 1,500 clients across 62 countries.

Head of Ardian Croissance team Laurent Foata said, “Neotys has already started paving the way with their work in the United States by self-financing its growth and remarkable technology. We are delighted to support the group’s ambitious strategy and help them enter in a new stage of development.”

Meanwhile, Ardian is reportedly looking to acquire a minority stake in the clinical pathology laboratories operator Bio 7 group from fellow private equity firm Chequers Capital.

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