LOS ANGELES, July 7, 2014 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has signed a definitive agreement to acquire Arcserve, a data protection software business, from CA Technologies (NASDAQ: CA). The transaction is expected to close in the current quarter.
Arcserve is a leading provider of data protection software solutions that enable mid-market, SMB and enterprise customers to backup, replicate and recover unstructured and mission critical data across a hybrid of complex storage and recovery environments. Arcserve’s recently launched next-generation product, Unified Data Protection, combines backup, recovery, replication and high availability technologies into a consolidated, easy-to-use user interface, eliminating the need for customers to manage multiple interfaces or vendors while achieving their individualized recovery point and time objectives. First released in 1990, Arcserve has built longstanding brand equity as an industry leader, with an active customer base of roughly 43,000 end users in more than 50 countries.
“We are very pleased to be working with Marlin through this divestiture process,” commented Jacob Lamm, Executive Vice President, Strategy and Corporate Development of CA Technologies. “Marlin brings deep corporate divestiture experience and a strong track record of growing technology businesses, which will enable sustained innovation and growth for Arcserve as an independent entity.”
Michael Anderson, a vice president at Marlin, said, “We are excited about the opportunity to acquire a leading data protection software provider with an impressive next-generation platform, and look forward to providing financial and operational support to further solidify Arcserve’s leadership position within the global backup and recovery market. This transaction reflects Marlin’s corporate carve-out capabilities and our ability to provide creative solutions for global corporations who are seeking to exit non-core divisions.”
Robin Pederson, an operating partner to Marlin, added, “With Arcserve’s comprehensive software offering, industry leadership and world-class client base, we look forward to accelerating growth and extending product solutions to service the evolving and rapidly changing needs of the backup and recovery market.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $3 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 strengthens a company’s outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 75 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at email@example.com.