LOS ANGELES, February 11, 2016 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Duncan Solutions, Inc. (“Duncan”), a leading provider of parking and transportation management products and services to municipal and commercial clients across the U.S. Duncan has over 75 years of experience partnering with cities and tolling authorities to solve their citation processing, license-plate based collections and on-street parking management needs. The company’s proprietary software and industry-leading service offerings serve as the cornerstone of parking management solutions implemented by hundreds of cities in the U.S.
“We are thrilled to partner with the existing management team to build upon Duncan’s leading market position and extensive municipal client base,” said George Kase, a partner at Marlin. “Duncan is well positioned to capitalize on strong growth in its key markets, and we are excited to work alongside the most experienced leadership team in the parking management industry and help accelerate the company’s next stage of growth.”
Tim Wendler, Director of Duncan, stated, “We have enjoyed many years of success serving our customers and addressing their parking management needs. Marlin’s investment validates our growth strategy and underscores our commitment to our clients. We look forward to expanding our business offering and enhancing the value we provide our customers and partners. In Marlin, we identified a true partner that shares our enthusiasm about our market and growth strategy.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $3 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 100 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
About Duncan Solutions
Duncan Solutions is a full-service parking management company and a leading provider of parking management services to municipal and commercial clients, including citation processing, collections and integrated on-street parking management services. Headquartered in Milwaukee, Wisconsin, Duncan has been highly successful in enhancing revenue and efficiencies for its customers since its inception in 1936. Duncan’s best-in-class proprietary technology has established it as a market leader in managing all stages of the citation processing and collection lifecycle. For more information, please visit www.duncansolutions.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at email@example.com.