It has been said that change is the only constant, which may be why Marlin Equity Partners chooses to invest in companies going through changes. The private investment firm takes pride in delving into complex deals and often invests in mature companies and assets that are experiencing financial problems, are in the process of reorganizing, or encountering other challenges. Marlin targets consumer products, health care, technology, and other industries, typically investing in companies that average $20 million to $1 billion in revenue. As a long-term investor, Marlin partners with management and sometimes installs its own members on management teams. Marlin was founded in 2005 by David McGovern.
The firm has about 35 companies in its portfolio, many of which were added in 2008. It has more than $1 billion of capital under management. Marlin invests in management buyouts, as well as subsidiaries and business units of larger companies; it also buys ownership stakes from shareholders.
It slowed its investment activity in 2009, but added Click Commerce and software developer Liquent to its holdings. In 2010 things picked back up after the company raised $650 million for a third fund. Marlin then acquired certain payment-related segments of Unisys Corporation and created a new company named Burroughs Payment Systems. Marlin also added education software firm CompassLearning, systems software developer Phoenix Technologies, and Hospedia to its stable of portfolio companies. – less