LOS ANGELES, April 29, 2010 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Informance International (“Informance”), a leading provider of Enterprise Manufacturing Intelligence (“EMI”) software. Informance will be integrated with Solarsoft Business Systems (“Solarsoft”), a Marlin portfolio company, enabling Solarsoft to expand a critical component of its product portfolio. Informance’s EMI solutions will complement the production and process controls systems in Solarsoft’s product range, offering a comprehensive solution for Solarsoft’s manufacturing system clients.
“Informance is an excellent fit with Solarsoft’s overall strategy of bringing together specialist applications that empower business owners and managers in well-defined vertical markets. This acquisition expands our capabilities in manufacturing systems and deepens our expertise in important and growing markets,” stated Shawn McMorran, CEO, Solarsoft.
Informance gives managers a clear view of performance in their manufacturing operations. Starting with real-time shop floor data capture, Informance aggregates production information at the plant level and across the enterprise. The company’s software analyzes activity and presents actionable intelligence to decision makers through the display of key performance metrics such as Overall Equipment Effectiveness (OEE). Informance specializes in the food & beverage, healthcare and pharmaceutical sectors and has leading blue-chip customers including Unilever, Cargill and Merck.
“We believe the Informance EMI solution set is an excellent addition to Solarsoft’s world class product portfolio” added Jonah Sulak of Marlin. “This transaction exhibits our continued commitment to supporting Solarsoft’s growth.”
About Marlin Equity Partners
Marlin Equity Partners is a Los Angeles, California-based private investment firm with over $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 that are in the process of undergoing varying degrees of operational, financial or market-driven change 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 35 acquisitions. For more information, please visit www.marlinequity.com.
About Solarsoft Business Systems
Solarsoft is a leading provider of enterprise resource planning (ERP) software for manufacturing, distribution and merchant and wholesale businesses. For over 25 years, Solarsoft has assisted companies in solving problems in accounting, finance, inventory control, warehouse management, e-commerce, logistics, manufacturing resource planning and management information. Solarsoft serves over 2,000 companies through 13 offices located in North America, Europe and Asia. For more information, please visit www.solarsoft.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at firstname.lastname@example.org.