2013

Marlin completes the take-private acquisition of Tellabs

LOS ANGELES, December 4, 2013 – Marlin Equity Partners (“Marlin”), a global investment firm, today announced that it has completed its acquisition of Tellabs, Inc. (“Tellabs”), an industry-leading supplier of packetoptical, mobile backhaul and Optical LAN networking solutions. Tellabs serves telecom service providers, independent operating companies, MSO/cable companies, enterprises and government agencies with networks in more than 90 countries around the world. Proven in 80% of the top global communications service provider networks, Tellabs innovations enable operators to boost revenue, reduce expenses and advance smart networks. Tellabs will continue to be headquartered in Naperville, Illinois, with research and ...

Marlin portfolio company Openwave Messaging acquires Critical Path

LOS ANGELES, November 27, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Critical Path, Inc. (“CP”), a leading global provider of messaging, email security, corporate directory and other unified communications solutions. The company’s white-label email and messaging products allow service providers and enterprises to offer comprehensive and customizable messaging solutions that enable millions of people to communicate, connect, share and organize through a reliable, scalable and secure communications platform. CP has been merged with Openwave Messaging, Inc. (“OWM”), a Marlin portfolio company, creating the largest global provider of privately branded messaging and ...

Marlin has entered into a definitive merger agreement with Tellabs (NASDAQ: TLAB)

LOS ANGELES, October 21, 2013 – Marlin Equity Partners (“Marlin”), a global investment firm, today announced that it has entered into a definitive merger agreement with Tellabs (NASDAQ: TLAB), which provides that Marlin will acquire all of the outstanding shares of Tellabs for $2.45 per share in cash. Tellabs is an industryleading supplier of networking solutions that help network operators boost revenue, reduce expenses, and optimize networks. Tellabs serves telecom service providers, independent operating companies, MSO/cable companies, enterprises and government agencies with networks in more than 90 countries around the world.

“We are excited to back the Tellabs team ...

Marlin portfolio company Verisae acquires Hara Software

LOS ANGELES, September 30, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Hara Software, Inc. (“Hara”), a leading provider of SaaS-based energy and sustainability management software. The company’s products help businesses analyze, track and report energy, water, waste and other natural resource usage and position them to better manage cost savings opportunities, compliance requirements, efficiency targets and sustainability hurdles. Hara has been merged with Verisae, Inc. (“Verisae”), a Marlin portfolio company, expanding Verisae’s software platform and creating a market leader in energy and sustainability management solutions.

“The acquisition of Hara supports our commitment ...

Marlin portfolio company Phoenix acquires iolo technologies

LOS ANGELES, September 27, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired iolo technologies, LLC (“iolo”), a market leader in performance optimization software for PCs and mobile devices. The company’s solutions perform diagnostic testing to identify and resolve performance, stability and security related issues, ultimately helping devices run efficiently, reliably and problem-free. iolo has been merged with Phoenix Technologies, Ltd. (“Phoenix”), a Marlin portfolio company, expanding Phoenix’s solution set and strengthening its footprint within its existing customer base.

“The industry leaders in PC optimization and core system software are combining to create a company ...

Marlin portfolio company Verisae acquires WorkOasis

LOS ANGELES, August 16, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired WorkOasis, a leading provider of SaaS work order, vendor and maintenance management software. The company’s solutions provide customers with clear visibility into their facilities maintenance operation, allowing them to simplify and reduce the cost of managing large portfolios of distributed property. WorkOasis has been merged with Verisae, Inc. (“Verisae”), a Marlin portfolio company, creating one of the industry’s leading providers of asset and equipment maintenance software for the grocery, specialty retail, restaurant, financial services, hospitality and service/facility management industries.

“The acquisition ...

Marlin portfolio company SigmaCare acquires 6N Systems

LOS ANGELES, August 2, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired 6N Systems, Inc. (“6N”), a leading provider of financial and clinical software solutions that streamline workflow, information management and operations for the long-term and post-acute care (“LTPAC”) market. The company’s solutions include a comprehensive suite of fully integrated financial billing, order and workflow management, point-of-care documentation and reporting tools that help providers improve patient outcomes. 6N has been merged with SigmaCare, a Marlin portfolio company, creating a market leader in financial and clinical software solutions to the LTPAC market.

“We are ...

Marlin acquires Asset Control

LOS ANGELES, August 1, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Asset Control N.V. (“Asset Control”), a market-leading provider of data management software to global financial institutions. Asset Control’s solutions encompass the full spectrum of reference and market data to help financial institutions better manage risk, meet evolving compliance demands, increase productivity, bring new products to market faster and generate new revenue. Based in the Netherlands, the company maintains office locations across the world’s major financial centers which serve and support a diversified base of global blue-chip customers.

Shawn McMorran, Managing Director ...

Marlin acquires SigmaCare

LOS ANGELES, July 24, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired eHealth Solutions, Inc. (“SigmaCare”), a leading provider of integrated clinical software solutions to the long-term and post-acute care (“LTPAC”) market. SigmaCare develops and markets point-of-care solutions that enable physicians, nurses and other medical professionals to improve treatment outcomes, avert preventable medication errors and reduce administrative burden. SigmaCare’s capabilities include computerized physician order entry, medication management and electronic health records, spanning the entire clinical spectrum and helping LTPAC facilities accomplish their ultimate goal of improving patient outcomes.

“The investment from Marlin Equity ...

Marlin raises $1.6 billion for fourth private equity fund

LOS ANGELES, July 9, 2013 – Marlin Management Company, LLC (“Marlin”), a global investment firm, is pleased to announce the first and final closing of Marlin Equity IV, L.P. (“Fund IV”), with $1.6 billion of capital commitments. Fund IV completed its fundraise at its hard-cap in just over four months and was more than three times oversubscribed from its initial $1 billion target.

Consistent with Marlin’s predecessor funds, Fund IV will invest in businesses that can benefit from the firm’s significant capital base, deep industry relationships and extensive network of operational resources. It will focus on industries where Marlin ...

Marlin Expands Coriant Portfolio with Sycamore’s Optical Networking Solutions

LOS ANGELES, June 19, 2013 – Marlin Equity Partners (“Marlin”), a global private investment firm, today announced that Sycamore Networks Solutions, Inc. (“Sycamore”) will join forces with Coriant, a Marlin portfolio company and leading supplier of 100G+ optical transport, OTN switching, and software-defined service control and management solutions to Tier 1 service providers worldwide.

As a result, Sycamore, which was acquired by Marlin in January 2013, will become Coriant America Inc., and will remain headquartered in Chelmsford, Massachusetts. Sycamore will also adopt the Coriant brand for all of its product and service offerings, significantly enhancing the customer value proposition ...

Marlin portfolio company OnX Enterprise Solutions acquires Worknet

LOS ANGELES, June 11, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Worknet, Inc. (“Worknet”), a provider of managed services, specializing in managed hosting, disaster recovery, and remote monitoring and management solutions. Worknet will be integrated with OnX Enterprise Solutions Ltd. (“OnX”), a Marlin portfolio company, strengthening OnX’s cloud and managed services offering in North America.

“This acquisition gives OnX further reach into the managed services market and includes two data centers that can service our existing customers in the United States,” stated Ed Vos, CEO of OnX.

Steve Johnson, a partner at Marlin, ...

Marlin Completes Acquisition of Optical Networks Business of Nokia Siemens Networks

LOS ANGELES and MUNICH, May 6, 2013 – Marlin Equity Partners (“Marlin”), a global private investment firm, today announced the completed acquisition of the optical networks business of Nokia Siemens Networks. The newly formed company will operate under the Coriant name.

Coriant is a global supplier of optical transport solutions and software-defined, optical layer intelligence to Tier 1 networks. Coriant’s optical networking solutions enable fixed-line and mobile operators to maximize the performance and value of their infrastructure as bandwidth demands on their networks continue to grow.

The newly formed Marlin entity will be headquartered in Munich, Germany and will have operations ...

Marlin acquires optical networking business from Sycamore Networks, Inc.

LOS ANGELES, January 31, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired the optical networking business of Sycamore Networks, Inc. (NASDAQ: SCMR). The company provides industry-leading optical networking and multiservice access solutions deployed in fixed-line and mobile networks around the world. The new Marlin entity will now be called Sycamore Networks Solutions (“Sycamore”) and will be led by John Scully who has assumed the role of president and chief executive officer. Most recently Mr. Scully served as Sycamore’s vice president of worldwide sales and support.

“Sycamore’s carrier-class networking solutions form the critical foundation ...

Dave McGovern, managing partner of Marlin, is interviewed about private equity’s role in corporate divestitures

Argyle Conversations by Argyle Executive Forum David McGovern, Managing Partner of Marlin Equity Partners, discussed private equity’s role in corporate divestures and the reasons why large companies are shedding non-core divisions.

Elizabeth Cooke: Can you start by telling us a bit about your background and your start in private equity?

David McGovern: I started off as a lawyer at Gibson, Dunn & Crutcher in Los Angeles doing M&A work for a couple of years before moving into investment banking. I began in private equity and principal-level investing in 1999 by doing complex operational transactions, primarily in the technology industry. This was during ...