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Graphite Capital acquires Ten10 from Livingbridge

October 21, 2020

Graphite Capital has backed Ten10, an independent quality engineering and software testing consultancy. Ten10 services help customers manage the commercial and financial risks involved in developing, implementing, upgrading and integrating software to enable them to comply with regulatory change.

Ten10 has over 250 employees, with offices in London, Leeds and Raleigh, North Carolina and a portfolio of blue-chip clients spanning the financial, legal, retail, and public sectors.

Chris Shaw, CEO of Ten10, said: “We have known Graphite for a long time and believe they will be great partners for Ten10. Graphite has a strong track record of  supporting technology-enabled businesses to become leaders in their sector. Their expertise will be invaluable as we continue the development of our software testing, DevOps and RPAservices and accelerate our international expansion.”

Humphrey Baker, Partner at Graphite, added: “We are looking forward to supporting Chris and his team in the next chapter of Ten10’s development. The company has a strong position in its market, with exciting organic growth prospects driven by an increasing demand for automation skills and the continuing growth of software development as companies seek to become more technology-enabled.”

 

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