Marlin portfolio company Qodea (formerly CTS) signs definitive agreement to acquire tmc3

LOS ANGELES and LONDON, December 5, 2024 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has signed a definitive agreement to acquire tmc3 Limited (“tmc3”), a leading provider of cyber security solutions. Tmc3 will be merged with Qodea Limited (“Qodea”), formerly known as CTS, an existing Marlin portfolio company and Europe’s largest dedicated Google Cloud digital transformation partner, further strengthening Qodea’s position in the market and enhancing its ability to offer comprehensive, secure and scalable digital transformation solutions to organizations across Europe.

“We are excited to welcome tmc3 to the Qodea family,” said Tom Ray, CEO of Qodea. “tmc3’s impressive track record, deep cyber security expertise and experience working with clients with complex cyber needs are a perfect fit with our commitment to providing leadership in cyber security. With cybercrime estimated to cost the U.K. economy £27 billion per annum, enhancing cyber security is a growing priority for all organizations. The acquisition of tmc3 will allow us to help more organizations embrace digital transformation securely and efficiently, enabling us to provide even more value to our customers.”

“We’re thrilled about the opportunities the acquisition creates for both our team and our clients,” said Adam Casey, Co-Founder and Director of tmc3. “Joining Qodea allows us to continue delivering exceptional cloud services, while benefiting from Qodea’s industry leadership and resources. Together, we can provide comprehensive solutions that address both the opportunities and challenges of digital transformation.”

About Marlin Equity Partners

Marlin Equity Partners is a global investment firm with over $9 billion in capital commitments. 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 strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 250 acquisitions. The firm is headquartered in Los Angeles, California, with an additional office in London. For more information, please visit www.marlinequity.com.

About Qodea

Qodea is Europe’s largest dedicated Google digital transformation partner, specialising in cloud solutions, data analytics, AI and machine learning, and cyber security. With a mission to empower organisations to innovate and scale using Google Cloud, Qodea has been at the forefront of cloud technology advancements and digital transformation projects across industries. For more information, please visit www.qodea.com.

Contacts:

Peter Spasov
(310) 364-0100
pspasov@marlinequity.com