(ETQ: Farmingdale, NY & Palo Alto, CA) -- EtQ, LLC, a global leader in quality management system (QMS) and environmental, health, and safety (EHS) software has announced that it has been acquired by TCV, one of the largest technology focused growth-capital firms. TCV brings significant experience in software buyouts, having partnered with many leading software companies, including IQMS, Seismic Micro-Technology (SMT), and Genesys. The investment represents EtQ’s first institutional investment since its founding in 1992 and will enable the company to accelerate its innovation efforts, enhance its product development, and expand its international operations. Terms of the transaction were not disclosed.
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