LOS ANGELES and LONDON, November 17, 2020 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has signed a definitive agreement to complete a growth equity investment in Coyo GmbH (“COYO”), a social intranet and internal communication SaaS platform. The company’s software provides a “digital home” for its users that enables organizations to communicate more effectively with both desk-based and field employees and improve information flow, productivity and retention. Based in Hamburg, Germany, COYO’s employee engagement and collaboration software solution is utilized by over one million end users globally. The completion of the transaction is subject to applicable regulatory clearances and other customary closing conditions.
“We are very excited to partner with Marlin to further invest into our existing platform and accelerate our international expansion,” said Jan Marius Marquardt, CEO of COYO. “As a result of the global pandemic, we have witnessed the importance and effectiveness of our solutions for our customers and are ideally positioned to support enterprises globally in adapting to the evolving working environment. Marlin brings critical financial, strategic and international support, as well as a deep appreciation for our value proposition, and we look forward to our future partnership.”
“COYO has built a differentiated, mission critical software platform that makes it the preferred choice for any end user seeking a simple and engaging enterprise-grade solution with a modern look and feel,” said Mike Wilkinson, a principal at Marlin. “COYO’s leadership team has established a scalable, well-referenced business and has recruited and retained exceptional talent to support the business. We look forward to collaborating with the entire team to further capitalize on COYO’s strong position in Germany and drive both organic and inorganic growth through additional investment into the platform.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.4 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 170 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
COYO is one of the leaders in the modern intranet software market space. The company offers a comprehensive B2B communication and engagement software platform that is delivered via desktop and mobile applications. COYO’s platform allows employers to engage with their employees at any time and place, which provides valuable tools to support connectivity and collaboration in the transforming global working environment. Headquartered in Hamburg, Germany, COYO employs over 140 professionals and provides its software solution to over one million end users. For further information, please visit the company website at www.coyoapp.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via email at firstname.lastname@example.org.