Deal announcement 19 December 2022

Ciesco advised Element34 on its acquisition by Banyan Software

We are delighted to announce the successful completion of our latest transaction, advising Element34, a leading software provider of Selenium Grid automated testing focused on global enterprise clients, on its acquisition by Banyan Software group.

Ciesco was the exclusive sell-side advisor for Element34 and its shareholders and was selected based on its specialist sector expertise and strong network of senior-level buyer and investor relationships including Private Equity firms, leading technology groups, global software providers, financial, and trade buyers. Ciesco team led the transaction from start to finish, generating an exceptionally strong global interest and leading the deal to completion with Banyan Software.

See the deal