LOS ANGELES, May 1, 2007 – Marlin Equity Partners is pleased to announce the acquisition of Aldon Computer Group, a leading provider of process-driven Application Lifecycle Management (ALM) solutions to more than 1,300 companies worldwide, including 70 of the Fortune 100. Aldon ALM solutions enable IT organizations to greatly improve their products’ time to market, reduce business disruptions, achieve regulatory compliance and increase return on investment.
“In the dynamic application life cycle management market, the opportunity to target emerging areas effectively – such as SOA, Web 2.0, etc. – requires strong capital investment,” said Melinda Ballou, Program Director, Application Life Cycle Management service at IDC, a leading research and advisory service company “Marlin’s investment with Aldon can help provide the combined organization with opportunities to invest and extend Aldon’s existing technology resources in important emerging ALM growth areas.”
“This transaction is an excellent fit with Aldon’s strategic direction,” stated Matt Scholl, President and Chief Operating Officer for Aldon. “With Marlin’s financial support, we can continue to establish significant success in the ALM market and grow aggressively toward building a robust platform of market-leading technologies.”
David McGovern, Managing Director of Marlin Equity Partners, said, “Over the last 28 years, Aldon has successfully developed a strong international customer base and superior set of core technologies for the ALM marketplace. We see significant opportunity to build on this foundation through strategic organic growth initiatives as well as through acquisitions.”
About Marlin Equity Partners, LLC
Marlin Equity Partners is a Los Angeles, California-based private investment firm focused on providing corporate partners, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs in special situations. Marlin invests in businesses across multiple industries that are in the process of undergoing varying degrees of operational, financial or marketdriven change where our capital base, industry relationships and extensive network of operational resources will significantly strengthen a company’s outlook and enhance value. Marlin Equity Partners has successfully completed the acquisition of six software businesses – Intuitive Manufacturing Systems, Relevant Business Systems, SupplyWorks, XKO Software, CMS Software and Aldon Computer Group. www.marlinequity.com.
About Aldon Computer Group
Aldon is the leading provider of Application Lifecycle Management (ALM) solutions that brings the benefits of process-driven application change management to IT, accelerating the delivery of missioncritical business applications. Aldon ALM solutions support today’s agile organizations by enabling IT teams to greatly improve their products’ time to market, reduce business disruptions, achieve regulatory compliance and increase return on investment. Established in 1979, Aldon is headquartered in Emeryville, California and maintains 14 offices worldwide serving more than 40 countries. www.aldon.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at firstname.lastname@example.org.