LOS ANGELES, December 6, 2021 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Six Lambda, LLC (“Six Lambda”), a leading provider of compliance technology solutions to the financial services industry. The company’s comprehensive compliance platform automates the daily monitoring and collection of political contribution data at the federal, state and local levels from hundreds of disparate data sources, providing companies with real-time data insights that drive process efficiencies and cost savings by helping regulated businesses avoid costly repercussions associated with political contribution violations. Six Lambda will be merged with StarCompliance (“Star”), an existing Marlin portfolio company, adding integrated, market-leading political contribution monitoring capabilities and further differentiating Star’s leading compliance software platform.
“We’re excited about acquiring the capabilities of Six Lambda’s data collection and processing system to further enhance Star’s existing political donations monitoring capability,” said Star CEO, Jennifer Sun. “We’ve seen more and more clients request political contribution monitoring for their firms in the last few years, and we’re pleased to be able to offer our clients a more timely and accurate data set than what has been traditionally available in the market.”
“Six Lambda is a highly complementary addition to Star’s robust employee conflicts of interest suite and furthers our strategic vision of creating an industry-leading compliance platform,” said Hemal Patel, a principal at Marlin. “An enhanced version of Star’s political contributions software solution is available immediately while the Six Lambda search platform will also remain available as a standalone product.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.7 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 190 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
About StarCompliance
StarCompliance is a leading provider of compliance technology solutions. Trusted globally by enterprise financial firms—including asset managers, investment banks, broker dealers, PE firms, insurance companies, and stock exchanges—the STAR Platform empowers organizations to achieve regulatory compliance while safeguarding their integrity and business reputations. Through a fully configurable, 360-degree view of employee activity, STAR software enables firms to automate the detection and resolution of potential areas of conflict while streamlining daily workflows and increasing efficiencies. For more information, visit www.starcompliance.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.