Canadian private equity firm PartnerOne paid $ 28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $ 21 million and its Q1 2024 revenue stood at […]
HeadSpin, whose founder is in prison for fraud, sold to PE firm in fire sale, sources say
Canadian private equity firm PartnerOne has acquired HeadSpin in a fire sale, TechCrunch has learned exclusively. And most of its former employees received nothing for their options, according to multiple sources. HeadSpin is the mobile app testing company whose founder was sentenced to prison for fraud earlier this year. In total, HeadSpin raised $ 117 […]