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 of Marlin’s London office, stated, “We are excited to add another successful and respected business like Asset Control to our growing European portfolio. Asset Control represents an excellent platform for growth in the data management and financial services software industry and is perfectly placed to take advantage of the cost and regulation driven growth in data management requirements at financial institutions.”
“Marlin’s investment in Asset Control will enable us to grow our industry-leading market position and improve our data management solutions by accelerating new product and service initiatives to meet the needs of our expanding customer base,” said Dean Goodermote, CEO of Asset Control. “Marlin’s operational resources and financial services software experience make them the ideal partner to help us in our next phase of growth.”
About Marlin Equity Partners
Marlin Equity Partners is a global 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 strengthen a company’s outlook and enhance 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 Asset Control
Founded in 1991, Asset Control provides data management solutions for financial institutions worldwide. From market data capture to the largest global reference data projects, Asset Control delivers the accuracy, consistency and performance financial institutions need to support integrated risk management, regulatory compliance and customer reporting. Asset Control’s flagship product, ACPlus, is the most widely deployed data management solution among the world’s leading banks and asset managers. Asset Control’s customers rely on the company’s solutions to help them maintain the large time series data repositories used to drive market risk reporting and product research, as well as the high-integrity reference data that is vital to effective central control of compliance and credit risk. For more information, please visit www.asset-control.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at email@example.com.