Marlin portfolio company Collenda acquires S4Dunning

LOS ANGELES and LONDON, September 3rd, 2020Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired S4Dunning, a supplier of credit and receivables management software to corporations. The company’s innovative SaaS receivables management solution allows businesses to optimize their B2B accounts receivable workflows, including driving collections efficiency, accelerating the resolution of overdue balances and increasing transparency through improved reporting and analytics. S4Dunning will be merged with Collenda, an existing Marlin portfolio company, further enhancing Collenda’s existing credit and collections management product suite and supporting its strategic priority to accelerate expansion into the corporate market.

“Joining forces with Collenda is an important step for us and our customers,” said Marcel Blanken, founder and CEO of S4Dunning. “Our goal has always been to achieve strong growth driven by great products. As part of Collenda, we can now accelerate the delivery of best-in-class and innovative products to our existing and future customers. We look forward to leveraging Collenda’s international sales and marketing capabilities to drive further growth, and we are excited about this next step in our journey.”

“Collenda is actively investing in the corporate collections sector, where we see significant growth in both the B2C and B2B segments,” said Hartmut Wagner, CEO of Collenda. “S4Dunning provides a market-leading product that has attracted a loyal and growing customer base and is a highly strategic addition to our portfolio. Our products’ complementary capabilities and unified roadmap will cement our existing market leadership and ensure we can address our customers’ evolving needs. As part of the Collenda family, we will introduce S4Dunning to a wider international market to accelerate our growth trajectory as a combined business.”

“The acquisition of S4Dunning significantly strengthens Collenda’s credit management software offering and follows the successful launch of our flagship Open Credit 4.0 platform,” said Jan-Olivier Fillols, a managing director at Marlin. “We are extremely excited by the market opportunity in European credit management and remain committed to improving our customers’ financial processes and extending our leadership position in this exciting segment.”

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

About Collenda

Collenda is a leading supplier of credit management and collections software to banks, corporations and collections agencies across Europe. Backed by deep industry experience, Collenda offers a cloud-ready suite of applications for managing consumer and commercial credits which help automate the complete credit lifecycle from first application to final payment. Collenda’s comprehensive product suite utilizes smart workflows, artificial intelligence and user-friendly self-service apps, which help to ensure efficiency and accuracy in the handling of credits for creditors and their customers. For more information, please visit

For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at