LOS ANGELES, June 6, 2023 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired ETHIX360, a Charlotte-based provider of next-generation integrated risk and compliance management solutions. ETHIX360’s cloud-based, SaaS solutions provide case management, policy management, compliance training and whistleblowing capabilities to over four million workers across 80 countries in numerous industries including manufacturing, healthcare, financial services, energy, retail and hospitality, the public sector, and education. ETHIX360 will be merged with StarCompliance, an existing Marlin portfolio company, further expanding the company’s leading product suite to provide compliance solutions across both employee conflicts of interest and employee conduct.
“We have seen a greater blurring of the lines between Compliance and Human Resources departments around employee compliance,” said Jennifer Sun, CEO of StarCompliance. “By bringing together Star’s employee conflict of interest solutions with ETHIX360’s employee conduct products, we create a comprehensive platform that gives companies a holistic view of employee compliance activity and offers workers a single portal to access their company’s compliance program.”
“The strategic investment in ETHIX360 reflects StarCompliance’s steadfast focus on innovation and introduces an expanded suite of solutions for both financial services and broader corporate clients alike,” said Hemal Patel, a principal at Marlin. “With the combination, StarCompliance can capture a wealth of additional compliance and human resources data, arming leaders with unique insights and patterns to support critical compliance management and risk monitoring objectives.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $8.5 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.
StarCompliance is a leading provider of compliance and regulatory technology solutions to the financial services industry. Trusted globally by forward-thinking companies in 114 countries, Star’s future-ready compliance platform delivers on-demand configurability, multi-jurisdictional integrity and the actionable intelligence you need to monitor for conflicts, meet regulatory obligations and reduce risk. Compliance no longer needs to be complex. Check out Star’s intuitive, straightforward UX and give your employees the multi-layered protection they need to comply with confidence. Learn more at www.starcompliance.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at firstname.lastname@example.org.