Marlin portfolio company Changepoint acquires Daptiv Solutions

LOS ANGELES, August 18, 2014 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Daptiv Solutions, LLC (“Daptiv”), a leading provider of project portfolio management (“PPM”) and professional services automation (“PSA”) SaaS solutions that help companies manage critical business initiatives including investment planning, portfolio management and the professional services lifecycle. The company’s PPM products allow businesses to efficiently manage demand, resources, capacity and cost across multiple employee pools and project teams, and the PSA solutions connect and integrate CRM and ERP systems to improve the efficiency of overall operations. Daptiv has been merged with Changepoint BV (“Changepoint”), a Marlin portfolio company, creating a global market leader in the PPM and PSA markets.

“Daptiv is a highly synergistic acquisition that complements Changepoint’s market leading on-premise PPM products with a true multitenant SaaS offering,” stated Steve Johnson, partner at Marlin. “This transaction supports our commitment to deliver best-in-class products and to grow the company, both organically and through strategic acquisitions.”

“The acquisition firmly establishes Changepoint as the global leader in the PPM and PSA markets,” said Robin Pederson, an operating partner to Marlin. “Daptiv’s market leading products, strong customer base and talented management team position the combined business well for future growth.”

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 strengthens a company’s outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 75 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.

About Changepoint
Changepoint is a leading provider of comprehensive software solutions that help professional services organizations drive growth by integrating project and portfolio management (“PPM”), professional services automation (“PSA”) and business analytics. The company’s PPM offering is a fully integrated IT portfolio management solution that manages critical IT initiatives and integrates the data into a single platform. Changepoint’s PSA software solution manages every aspect of a services business, from customer acquisition, to services delivery, to financial control, and resource and expense management. For more information, please visit www.changepoint.com.

For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.local.