Hashlock Acquires Stealthtest to Bolster Web3 Developer Infrastructure

Areta Advises StealthTest on Acquisition by Hashlock

2023

Summary

M&A
Infrastructure

StealthTest’s mission is to provide developers with a secure, private sandbox for Web3 innovation through an API-based platform featuring isolated test networks for EVM-compatible chains. The company enables teams and enterprises to focus on building and testing without the burden of complex node setup or infrastructure management. 

Hashlock, a leading blockchain security and smart-contract auditing firm based in Australia, has acquired StealthTest to integrate deep testing capabilities into its service offering. The combination creates a full-stack developer and security platform, enabling builders to develop, test, audit, and deploy with higher confidence and efficiency. 

Areta acted as the exclusive financial advisor to StealthTest, guiding the team through the sale process, structuring outreach to strategic acquirers, and driving a competitive process that maximized value and strategic alignment.

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