Livingbridge and Invex invest £5.5m in Centre4 Testing

The funding round will allow the business to scale and add further services to its portfolio, the investors stated.

The deal closely follows an exit for Livingbridge: on 2 March the GP announced on it had sold its stake in online bathroom products retailer Luxury for Less to trade player Wolseley plc, less than two years after investing.

Company
Founded in 2004, Centre4 Testing provides software testing services, allowing clients to manage the risks surrounding software implementation, upgrades and integration. Based in London and Brighton, the business employs 185 people and generates revenues of around £16m.

People
Paul Morris, Jennifer Stratton and Mo Aneese worked on the deal for Livingbridge – the GP will be represented on the company's board.

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• Topics
• UK / Ireland
• Expansion
• Technology
• Livingbridge
• United Kingdom