About SQS
SQS is a Technology company based in Koln (Germany) founded in 1982, and was acquired by Assystem in December 2017. Software testing services are provided across various industries by SQS. The company has 1,222 employees. SQS has completed 7 acquisitions, including BitMedia S.p.A, Cresta Group and Galmont Consulting. Its Indian entity Expleo India Infosystems Private Limited reported revenue of ₹154 Cr. Its focus areas include Business Services, IT Services, Application Development and Software Testing.
Company details
SQS provides software testing services. Services include quality risk management, test management, functional testing, non-functional testing, test technology support and business consulting. Technology tools used include SQS test suite, HP ALM, Atlassian Tools, Microsoft Visual Studio and Faximme. Industry verticals include Banking, Finance Insurances, Energy Utilities, Automotive Manufacturing, Retail and Telecom. Has delivered 500 projects for 150 customers.
- Indian entity revenue₹154 Cr
FY 2022 · +12% YoY
- Indian entity net profit₹4.61 Cr
FY 2022 · 3% margin
- Indian entity EBITDA₹29.25 Cr
FY 2022 · 19% margin
- Latest Funding Round$407.86K (USD), Grant
Oct 2016
- InvestorsEuropean Union
& 1 more
- Employee Count1,222
- Investments & AcquisitionsBitMedia S.p.A.
& 6 more
- Acquired byAssystem
(Dec 2017)
Associated legal entities of SQS
SQS is associated with 2 registered companies on The Company Check; the primary company is Expleo India Infosystems Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Expleo India Infosystems Private Limited CIN U72200PN2003PTC018619 | Amalgamated | 28 Nov 2003 | Pune, Maharashtra | ₹154 Cr | 1,222 | 4 | View details |
| Expleo Solutions Limited Listed CIN L64202TN1998PLC066604 | Active | 08 Jun 1998 | Chennai, Tamil Nadu | ₹1,146 Cr | 4,284 | 9 | View details |
Funding Insights of SQS
- Total Rounds 1
- Last Round Grant — $407,862
- First Round $407,862
(Oct 2016)
- Investors Count 1
All 1 funding rounds of SQS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $407,862 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in SQS
SQS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Assystem.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Engineering, compliance, security, and digital services are provided globally. | 1966 | assystem.com | Courbevoie, France |
Investor details for SQS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Expleo India Infosystems Private Limited (SQS)
Expleo India Infosystems Private Limited is the primary company behind SQS. The boards of the 2 registered companies of SQS currently have 9 directors; the longest-serving is Ralph Gillessen, appointed in 2012. 46 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ralph Gillessen DIN 05184138 | Director | 25 Jan 2012 | 14 yrs 9 mo | Expleo India Infosystems Private Limited, Expleo Solutions Limited |
| Prashant Eknath Bramhankar DIN 07439819 | Director | 01 Apr 2016 | 10 yrs 7 mo | Expleo India Infosystems Private Limited |
| Prasad Govind Satkar DIN 09137671 | Director | 12 Apr 2021 | 5 yrs 6 mo | Expleo India Infosystems Private Limited |
| Balaji Viswanathan DIN 06771242 | Additional Director | 14 Sep 2022 | 4 yrs 1 mo | Expleo India Infosystems Private Limited |
| Srivardhini Keshavamurthy Jha DIN 06373409 | Director | 01 Apr 2024 | 2 yrs 7 mo | Expleo Solutions Limited |
| Narayanan Subramaniam DIN 00166621 | Director | 01 Apr 2024 | 2 yrs 7 mo | Expleo Solutions Limited |
| Varadharajan Sridhar DIN 00082156 | Director | 01 Apr 2024 | 2 yrs 7 mo | Expleo Solutions Limited |
| Shalini Kalsi Kamath DIN 06993314 | Director | 14 Jun 2024 | 2 yrs 4 mo | Expleo Solutions Limited |
| Tangiralas Phani DIN 01871595 | Managing Director | 01 Aug 2024 | 2 yrs 3 mo | Expleo Solutions Limited |
Financials of SQS
Figures of Expleo India Infosystems Private Limited, the primary company behind SQS, for FY 2022. Revenue was ₹154 Cr (+12% year on year). Net profit was ₹4.61 Cr (3% margin). EBITDA was ₹29.25 Cr (19% margin). Revenue has grown at a compounded annual rate of +4% over three years and +5% over five years.
- ₹154 CrRevenue · FY 2022 · +12% YoY
- ₹4.61 CrNet profit · 3% margin
- ₹29.25 CrEBITDA · 19% margin
- ₹11.5 LakhPaid-up capital
- 1,222Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Expleo India Infosystems Private Limited are on its company page.
Detailed financial statements for SQS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by SQS
SQS has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include BitMedia S.p.A., Cresta Group and Galmont Consulting.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Business services and advisory support are provided by Moorhouse. | moorhouseconsulting.com | London, United Kingdom | 2008 | Mar 2018 | •••• | |
Software quality assurance, testing, and business analysis services are provided. | galmont.com | Chicago, United States | 1999 | Aug 2015 | $22M | |
Management consulting and IT services for digital transformation are provided. | trissential.com | Minneapolis, United States | 2003 | Apr 2015 | $17.7M | |
Testing and System Analysis Services | bitmedia.it | Roma, United States | 1998 | Feb 2015 | $6.85M | |
Provider of SEO, SMM, advertising, facility management, and web development services | thinksoft.in | Ramanathapuram, India | 2013 | Nov 2013 | •••• | |
Finance outsourcing services are provided by Thinksoft from Chennai. | thinksoftglobal.com | Chennai, India | 1998 | Nov 2013 | $23.68M | |
Provider of software testing consultancy services | cresta.net | London, United Kingdom | 2021 | May 2006 | $33.46M |
Complete acquisition details for SQS
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of SQS
11 dated milestones of SQS across 36 years, from founding to its latest funding, stage changes and deals.
- Founded SQS is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Cresta Group.
- Acquisition Acquires Thinksoft.
- Acquisition Acquires Thinksoft Digital Solutions.
- Acquisition Acquires BitMedia S.p.A..
- Acquisition Acquires Trissential.
- Acquisition Acquires Galmont Consulting.
- Funding First funding round of $408K.
- Exit Acquired by Assystem.
- Acquisition Acquires Moorhouse.
Web traffic of SQS
Websites that share an audience with SQS (sqs.com).
Websites whose visitors overlap most with SQS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dgfp.de | 100% | 680.7K | #3,926,168 | View details | |
| mindtree.com | 62% | View details | |||
| utest.com | 59% | #35,012 | View details | ||
stickyminds.com | stickyminds.com | 43% | #1,237,312 | – |
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Related news about Sqs
Complete news archive for SQS
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Frequently Asked Questions about SQS
SQS was founded in 1982 and raised its 1st funding round 34 years after it was founded.
SQS is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.
SQS has 1,222 employees.
The primary company behind SQS, Expleo India Infosystems Private Limited, reported revenue of ₹154 Cr for FY 2022, up 12% year on year.
SQS provides software testing services. Services include quality risk management, test management, functional testing, non-functional testing, test technology support and business consulting. Technology tools used include SQS test suite, HP ALM, Atlassian Tools, Microsoft Visual Studio and Faximme. Industry verticals include Banking, Finance Insurances, Energy Utilities, Automotive Manufacturing, Retail and Telecom. Has delivered 500 projects for 150 customers.
SQS has made 7 acquisitions, including BitMedia S.p.A, Cresta Group, and Galmont Consulting.
SQS has 2 investors. Key investors include European Union, and Assystem.
SQS is associated with 2 legal entities: Expleo India Infosystems Private Limited, Expleo Solutions Limited.
Yes. SQS was acquired by Assystem in December 2017.
The legal entities of SQS currently have 11 directors, including Prashant Eknath Bramhankar, Prasad Govind Satkar, Ralph Gillessen and others.