LOS ANGELES, October 23, 2017 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired TelStrat International, Ltd. (“TelStrat”), a leading provider of call recording, quality analytics and workforce management solutions. TelStrat has been merged with Serenova, a Marlin portfolio company, adding native, world-class workforce optimization (“WFO”) capabilities to Serenova’s existing portfolio of contact center-as-a-service (“CCaaS”) solutions. TelStrat’s technology will enable Serenova to provide customers with even more options when building, deploying and running their customer communication strategies for optimum performance.

“Combining the power of CCaaS and WFO will allow Serenova customers to quickly realize improvements to their bottom line through the reduction of employee and customer churn, enhanced contact center efficiency and increased customer satisfaction,” said Tom Schollmeyer, CEO of Serenova.

“The addition of TelStrat strengthens Serenova’s comprehensive portfolio of cloud contact center solutions,” said Ryan Wald, a partner at Marlin. “We look forward to further investing in the combined company’s leading CCaaS and WFO platform to better serve the global contact center market.”

About Marlin Equity Partners

Marlin Equity Partners is a global investment firm with over $6.7 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 strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 100 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.

About Serenova

Serenova is a leading provider of cloud-based, multichannel contact center software to global enterprises and BPO service providers. The company’s comprehensive SaaS suite enables captive and outsourced customer service organizations to manage and optimize their inbound and outbound customer communication strategy across voice, email, chat, social and mobile channels. Serenova’s award-winning platform has processed more than three billion customer interactions and has over 83,000 users globally. Headquartered in Austin, Texas, Serenova supports a wide range of industries, including financial, healthcare, insurance, retail and technology. For more information, please visit www.serenova.com.

For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.