Spectra QEST Announces Acquisition by Vela
Spectra QEST is excited to announce its acquisition by Vela Corporation, a subsidiary of Canadian public company Constellation Software Inc, (TSE:CSU).
The backing of Vela provides access to capital and expertise that opens up a new phase of growth at Spectra QEST, driving innovation, entry into new markets and faster software development.
Vela’s approach of allowing acquired companies to operate as stand-alone entities ensures that Spectra QEST will remain the trusted leading provider of software for the construction materials engineering, testing, inspection and production industries.
“We are excited to join the Vela group and for the opportunity this provides for growth and longevity to Spectra QEST and our customers” said Dirk Janek, CEO at Spectra QEST. “Our team and focus remain the same, continuing development of our leading product suite and building on the strong client relationships we have established over the last 34 years”. Dirk Janek will continue in his role of CEO as will the other Executive Directors; Stephan Mavrakis (Head of Global Sales) and Michael Sautner (CFO).
“Spectra QEST is a leading provider of software solutions for the construction materials testing, inspection and certification (TIC) market and the Vela Group’s first acquisition in this space. We are excited about the organic growth opportunities for the business and other acquisition possibilities in the TIC market.” said Damian, McKay, Vice President at Vela Software.
Spectra QEST’s clients can be assured that this acquisition will strengthen Spectra QEST’s position in the market place, while our current team including implementation and support services, will remain unchanged.
About Spectra QEST
Spectra QEST is a software development and services company specializing in solutions for the construction materials engineering, testing, inspection and production industries. Founded in January 1984, Spectra QEST offers the most comprehensive construction materials quality platform on the market today. With offices located in Adelaide, South Australia, and Sacramento, California, it services customers in North America, Europe, Australasia and the Middle East. These customers include leading international construction companies, construction materials and geotechnical engineering companies, construction materials manufacturers, and government bodies.
Spectra QEST’s technology has been honored with an American Council of Engineering Companies (ACEC) Gold Medal for Engineering Excellence (Texas) and an ACEC National Recognition Award for the QESTField product. Also, Spectra QEST was successful in winning Australia’s premier IT industry award, the 2013 iAwards, both at State and National levels, the Business SA 2013 Export Awards, and most recently, the 2015 Impact Awards.
Vela Software is a global provider of software solutions to a number of vertical industries. As an Operating Group of Constellation, Vela acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions. Vela companies invest in becoming leaders in their industries to better serve their customers. We help companies improve their operations, grow through organic initiatives, and seek acquisitions that can strengthen their market position.