LOS ANGELES and LONDON, March 09, 2023 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired a majority stake in Tennaxia (the “Company”), a leading cloud-based software provider of corporate social responsibility and sustainability data management solutions. Tennaxia enables middle-market and enterprise businesses as well as financial institutions to effectively manage and improve EHS (Environment, Health, Safety) and ESG (Environmental, Social, Governance) performance and reduce associated operational risks and costs. Serving over 750 clients, including some of Europe’s largest corporations, the Company supports its corporate clients in successfully meeting regulatory compliance obligations and proactively anticipating their stakeholder demands.
“Over the last two decades, we have fueled our growth by focusing on delivering value to our clients through helping them navigate complex and evolving regulatory environments. We are excited to partner with Marlin and Bpifrance to further accelerate our expansion into France and internationally,” stated Bernard Fort, Founder and Chief Executive Officer of Tennaxia. “With Marlin’s operational expertise and support, we look forward to deepening our capabilities to fulfill our customers’ needs and allowing businesses to manage their EHS and ESG requirements with ease,” added Maxime Delorme, Co-Founder and Chief Technology Officer of Tennaxia.
“Tennaxia’s compelling value proposition and excellent leadership has facilitated continued success and positioned the Company as a strong, differentiated market leader in the European EHS and ESG space, underpinned by robust customer momentum,” said Jeremy Nakache, a principal at Marlin. “We are thrilled to partner with the founders and management team to expand the business and drive product innovation through further investments into the platform.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $8.5 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 200 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
About Tennaxia
Tennaxia is a leading provider of sustainability and corporate social responsibility data management solutions. The Company’s cloud-based software and related services allow corporate clients across various industries to successfully and efficiently meet their regulatory obligations. Through a comprehensive software platform and advisory solutions, Tennaxia enables businesses to manage and improve EHS and ESG performance. Tennaxia is headquartered in Laval, France and serves over 750 clients, including some of Europe’s largest corporations and financial companies (Asset Managers, Investors, Banks, etc.). For more information, please visit www.tennaxia.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via email at pspasov@marlinequity.com.