LOS ANGELES, May 10, 2022 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Enyx S.A. (“Enyx”), a leading provider of FPGA-based, high-performance trading solutions for the financial markets. The company’s comprehensive product offering provides FPGA-powered solutions for numerous financial technology applications, including market data acquisition and normalization, order execution and network connectivity management, as well as a development environment for customers to create customizable applications. Enyx will be merged with Exegy, an existing Marlin portfolio company, further expanding Exegy’s global leadership in FPGA technology with a more robust solution for its global financial services customers.
“For years, financial services firms were faced with an unsatisfying choice for their trading infrastructure: faster time-to-market with off-the-shelf components, or a more time and resource intensive in-house custom build,” said Jim O’Donnell, CEO of Exegy. “We are looking forward to integrating the Enyx product with Exegy to create a combined solution that removes any ‘build or buy’ limitations.”
“Ten years ago, FPGA-based technologies were out of reach for most trading firms and reserved only for those with deep expertise,” said Arnaud Derasse, CEO of Enyx. “Enyx transformed the existing model by providing off-the-shelf components of the technology to a more comprehensive range of users. The combination of two technology powerhouses, Exegy and Enyx, will enable trading firms to reduce time-to-market and create commercial success.”
“Enyx is a highly strategic and complementary addition to Exegy’s technology suite and further positions Exegy as a leading FPGA-based player in financial services and FinTech,” said Nick Lukens, a managing director at Marlin. “We are excited to partner with the Enyx team and continue to drive excellent outcomes for their customer base with access to a broader product suite.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $8.1 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 Exegy®, Inc.
Exegy is a global leader in low-latency market data, execution technology, trading platforms and predictive signals. Exegy serves as a strategic partner to the complete ecosystem of buy side, sell side, exchanges and ISV/technology firms globally. Exegy solutions are fully managed, high-performance and scalable solutions powered by purpose-built appliances, hardware-acceleration, artificial intelligence, enterprise software and service automation technologies derived from an extensive patent portfolio. Headquartered in St. Louis with regional offices in the U.S., U.K., and Asia-Pacific regions, Exegy has a global footprint to deliver excellent support and managed services to its customer base. For more information, please visit www.exegy.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.