Marlin Equity Partners, headquartered in Los Angeles, has completed the acquisition of Test Direct, a British provider of software testing and quality assurance services. Marlin will merge Test Direct with current portfolio company QualiTest, another provider of testing services that Marlin acquired earlier this year.
The transatlantic transaction is the start of a more pronounced move into Europe for Marlin, which closed its first Marlin Heritage Europe fund on €325 million earlier this year. But there are a number of US-based investors who already make a habit of investing in British businesses—in all, 22 firms from the US have completed 10 or more deals in the UK since the start of 2013, according to the PitchBook Platform. Almost 90% of those deals were with companies in one of four sectors: B2B, B2C, financial services and IT.
Here are the nine US firms that have been the busiest in the UK since the start of 2013, including add-ons: