LOS ANGELES, August 20, 2020 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Kaptivo, a leading provider of advanced digital collaboration software solutions. The company’s digital whiteboard applications, which are powered by computer vision, image processing and artificial intelligence technologies, enable organizations to collaborate more effectively and improve productivity. Kaptivo will be merged with Lifesize, an existing Marlin portfolio company, further enhancing Lifesize’s current portfolio of cloud-based unified communication and collaboration (“UCC”) solutions with a new suite of advanced collaboration tools.
“The entire Kaptivo team is excited to join Lifesize, a trusted partner and seasoned leader in the unified communications industry,” said David Hsieh, CEO of Kaptivo. “As schools and businesses adjust to remote work, advanced collaboration solutions that make all forms of work more productive are vitally important. Together, we are uniquely positioned to lead the market.”
“Kaptivo is a natural addition to the Lifesize platform, and its unique technology and talented team will allow us to accelerate our rate of innovation while simultaneously delivering new value to customers,” said Craig Malloy, CEO of Lifesize. “We look forward to rapidly expanding our advanced collaboration offering and helping organizations work, engage, teach and learn more naturally and effectively, from wherever they are.”
“The acquisition of Kaptivo expands Lifesize’s robust portfolio of UCC solutions by adding advanced collaboration capabilities that reshape the ways organizations are able to interact,” said Ryan Wald, a managing director at Marlin. “Customers are continuously seeking innovative ways to collaborate more effectively in the current environment, and we believe Kaptivo further enhances Lifesize’s ability to better serve existing customers and capture greater market share. We are excited to continue to partner with the management team to develop a differentiated cloud communication and collaboration platform that is well-positioned to transform the industry.”
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 160 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
Lifesize delivers immersive communication experiences for the global enterprise. The company’s complementary suite of award-winning cloud video conferencing and cloud contact center solutions empowers organizations to elevate workplace collaboration, boost employee productivity and improve customer experiences from anywhere and from any device. For more information, please visit www.lifesize.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at firstname.lastname@example.org.