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, added, “The acquisition of Worknet further supports our continued focus in growing and expanding our managed services capabilities.”
About Marlin Equity Partners
Marlin Equity Partners is a global private investment firm with over $2.6 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company’s outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 65 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
About OnX Enterprise Solutions
OnX is a global enterprise data center solutions provider with a suite of end-to-end solutions including the industry’s leading Federated Cloud solution offerings. The company designs, builds and manages complete data center environments comprised of multi-vendor offerings in four core areas – Cloud & Managed Services, Technology Solutions & Professional Services, Digital Application Services, and Hardware & Software Solutions. Over the past 30 years, OnX has helped clients achieve exceptional business results that accelerate their growth and value. OnX is headquartered in Toronto, Canada, and has clients and offices throughout North America and Europe. For more information, please visit www.OnX.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.