Paris, France 1 September 2022 – Expleo, the global engineering, technology and consulting service provider, announces it has purchased the remaining 85% of shares to complete the full acquisition of quality assurance (QA) and quality engineering (QE) provider, SQS Portugal.
SQS Portugal is a long-term partner of Expleo with over 50 employees providing expert QA services to clients in Portugal and worldwide. It specialises in IT consulting services for customers, particularly in the BFSI and telco sectors, with an emphasis on in-demand digital capabilities such as DevOps, software development and automation.
As per the terms of the deal, SQS Portugal and its employees will be integrated into Expleo, reporting to its Iberia team. The addition of SQS Portugal’s experts into Expleo will provide it with a nearshore delivery centre in Portugal deliver critical scale for strategic growth in the region, particularly in the automotive and BFSI industries.
Commenting on the deal, Irantzu Bilbao, CEO of Expleo Iberia, said: “We’re delighted to announce the acquisition of SQS Portugal and welcome its team to the Expleo family. Its capabilities, geography and customer portfolio are complementary to ours, making this a logical decision to grow our footprint in strategic areas. This deal helps us to provide a more compelling offer across Iberia and we expect it to be a catalyst for significant growth.”
Alvaro Carvalho, General Manager of SQS Portugal, said: “It is a pleasure and a great opportunity for us to be joining forces with our long-term partner, Expleo. We are confident this will allow us to improve and expand our current service offer to customers in Portugal and grow as a nearshore delivery centre.”
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