LOS ANGELES and LONDON, March 14, 2022 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has signed a definitive agreement to complete a growth equity investment in The Marcura Group (“Marcura”), a leading vertical software, data intelligence and payments platform for the maritime industry. The company’s spend management software allows leading shipping companies to optimize the port process, as well as reduce the time spent in port, in order to improve efficiency, productivity and profitability. The company’s platforms are used by over 700 leading maritime organizations who play a crucial role in global trade. The completion of the transaction is subject to applicable regulatory clearances and other customary closing conditions.
“We are excited to partner with Marlin to further invest in our existing platform and accelerate our product expansion,” said Christian Haunsø, Founder & Non-Executive Chairman of Marcura. “We are uniquely positioned to support leading shipping companies with their digital transformation journeys and allow them to recognize the importance and effectiveness of our solutions. Marlin has a deep appreciation for our value proposition and adds critical financial, strategic and operational support to our business, and we look forward to our future partnership.”
“Leveraging its deep domain expertise and strong focus on customer value, Marcura has built a differentiated, mission-critical vertical software platform for leading shipping industry participants, who are seeking to improve their process efficiency and profitability with an enterprise-grade solution suite,” said Jan-Olivier Fillols, a managing director at Marlin. “Marcura is an established, scalable software provider that has recruited and retained exceptional talent to support the business. We look forward to collaborating with the strong leadership team to further capitalize on Marcura’s market-leading position and drive both organic and inorganic growth through further investment into the platform.”
Financial details of the transaction have not been disclosed. Nomura served as financial advisor to Marlin. Stifel served as financial advisor to Marcura.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $8.1 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 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.
About Marcura
The Marcura Group provides digital workflow solutions to the maritime industry, backed by constant operational support services and specialized cloud-based platforms managed by industry specialists. Marcura works closely with global customers and partners to produce integrated solutions to pervasive industry challenges, thereby jointly raising standards. Founded in 2001 on the principles of compliance, independence and transparency, the company is headquartered in Dubai with a global network of offices. The various segments of the business include: (i) PortLog, voyage-optimization intelligence solutions; (ii) DA-Desk, the world’s largest port cost management company; (iii) PortsDirect, a leading supplier-vetting and procurement services platform; and (iv) MarTrust, the largest maritime payment processing company for secure, efficient and compliant international payments to crew, port agencies and suppliers. The team of 750 people includes maritime operations experts, software developers, scientists, engineers, data analysts, payments specialists and compliance professionals from 45 different countries, who are all committed to supporting 700 leading maritime enterprises worldwide. For more information, please visit www.marcura.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via email at pspasov@marlinequity.com.