LOS ANGELES, October 13, 2020 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Ipanema Solutions, a provider of technology engineering, systems design and project management solutions to the hospitality industry. The company’s turnkey, brand-approved technology and managed services solutions, which cover the entire property lifecycle – from new build construction to major technology refresh projects, help to streamline the installation and integration of IT systems and provide properties the ability to offer technology support services to customers as an alternative to traditional help desks. Ipanema Solutions will be merged with Allbridge, an existing Marlin portfolio company, further strengthening Allbridge’s penetration across top hotel flags, and enhancing Allbridge’s existing triple play (data, video, voice) product offering with a new suite of technology planning solutions and managed services capabilities.
“Merging with Allbridge will allow us to continue our mission of simplifying hospitality and smart building technologies,” said Steve Tutino, President of Ipanema. “The merger of our two companies will allow us to enhance our investments in people and technologies and grow our relationships with our strategic partners.”
“The hospitality industry is looking for a unified experience with a full service provider and a one-stop solution for all of their technology needs, and by bringing our companies together, we will be better positioned to provide best-in-class products and services to our customers,” said Dave O’Connell, CEO of Allbridge. “We look forward to leveraging Ipanema’s extensive expertise and resources in technology planning to help propel Allbridge into its next phase of growth.”
“Ipanema Solutions is a highly complementary acquisition that brings nearly two decades of hospitality technology integration experience, strong relationships with major hotel flags and a technology planning and managed services offering that further differentiates Allbridge’s existing hospitality technology portfolio,” said Ryan Wald, a managing director at Marlin. “We are excited to partner with Steve and the management team and support the combined company’s shared vision of providing customers with a unified experience across the complete property lifecycle.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.2 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 170 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
Allbridge is the trusted partner to deliver one connected experience with all data, video, and voice technologies for the hospitality and senior living industries. Allbridge currently serves more than one million rooms nationally, and is headquartered in Raleigh, North Carolina. For more information please visit www.allbridge.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at email@example.com.