Games, media and entertainment testing, development and publishing

We were impressed with how quickly Vespa Capital understood the complex challenges and opportunities Catalis faced at the time of their investment. Since then we have worked efficiently together to reshape the group, creating firm foundations for the growth ahead.

Dominic Wheatley, CEO at Catalis

Business Profile

Catalis Group comprises Testronic, Curve Games and Giant Worldwide.

Testronic is a leading provider of QA testing, localization and player support to the global video game industry and AAA titles. Testronic operates from state-of-the-art facilities in the UK, Poland, Serbia, Portugal, Romania and the US.

Curve Games is a publisher and developer of indie console and PC games and owns the IP for several "hit" games including For The King, The Crew franchise and Human Fall Flat.

Giant Worldwide support the TV, streaming and film industries providing a range of services including: platform delivery, master QC, streaming App/software performance, physical disc authoring and QC, and newly launched subtitle localization.

Visit Catalis

Investment Date: October 2019
Employees: 1,900+
Founded: 2000
Sector: Tech-Enabled Services

Key Strengths

Vespa Capital originally invested in Catalis in 2014 when the business was publicly listed on the Frankfurt stock exchange. Vespa Capital supported the business setting up new testing facilities in Poland, rationalising non-core business units and the acquisition of Curve in 2016. In August 2019, a public offer was made for the entire share capital of the business. Following the sale Vespa Capital acquired a minority stake in the new acquisition vehicle.

Strong and experienced leadership through industry veteran, Dominic Wheatley, and a well-balanced management team.
Both divisions operate in markets of scale with good growth characteristics; the video games market is one of the largest entertainment markets in the world. Together, the businesses provide an unusual blend of steady growth, and potential for attractive upside in the event of a ‘hit’.
Testronic has a well-established reputation for high quality assurance testing with an enviable list of clients and high customer satisfaction levels.
Curve continues to publish and develop a back catalogue of quality games including Human: Fall Flat, For the King and Bomber Crew.
Catalis employs around 1,900 people split across 11 offices in 7 countries.

What our clients say

Our ambition is to build the next major UK owned games business to rival those based in other parts of the world. We have the right team and financial backing to take Catalis to the next level.