LOS ANGELES, January 31, 2014 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has completed the acquisition of two software divisions, Changepoint and Uniface, and the IT services business, CW Professional Services, from Compuware Corporation (NASDAQ: CPWR) (“Compuware”). Marlin plans to carve-out the three businesses from Compuware to create a standalone entity.
Changepoint provides a comprehensive software solution that helps professional services organizations drive growth by integrating professional services automation, project and portfolio management and business analytics for its global customers. Uniface provides scalable, model-driven software that allows developers to efficiently build and deploy mission-critical enterprise applications. CW Professional Services offers a broad range of IT services for distributed, mainframe and mobile environments, and provides guidance to its customers that helps maximize the value of their technology.
Steve Johnson, a partner at Marlin, stated, “It has been a privilege working with Compuware over the past few months to effectuate this transaction. Compuware has been an excellent steward for these businesses and we are looking forward to facilitating the continued growth and success of each platform.”
“With this transaction, we are adding three world-class businesses to our technology portfolio,” said Robin Pederson, an operating partner at Marlin. “Over the past few decades, each business has successfully developed a loyal, global customer base and a superior set of core technologies and service offerings. There are unique opportunities for each business to build upon past successes and to create new paths forward as a standalone entity, and Marlin is distinctly qualified to support this transformation.”
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 strengthens a company’s outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 70 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.