IDERA - Gurock

Gurock Software builds popular software testing tools for QA and development teams. Its TestRail is the number one modern test management tool, used by thousands of companies around the world every day. With its acquisition by IDERA, it joins that firms' family of companies as a stand-alone entity, alongside IDERA, focused on database lifecycle management solutions, and Embarcadero, focused on development tools to accelerate solutions.

"It's important to realize that you as a company founder or CEO go through this process only once or twice in a lifetime, and you should work with someone who has more experience with it, just like your acquirer does. That was specifically critical for us with Corum as we still had to run our day-to-day business."
- Dennis Gurock, 
Gurock Software
Seller:
Gurock Software
Germany
Buyer:
IDERA
United States
Closed:
June 2016

quotesAfter several conversations, even flying to multiple offices, we began to learn that our team was going to stay intact, we were going to be part of a growing part of the business, and really able to make a difference and move the needle. All those things were very important to us to moving forward, while the mechanics of the deal, the valuations, the terms and things like that, we had a great partner in Corum to help lead us through that. quotes

Matt Van Bergen
CITYTECH