Marlin Equity Partners Closes EUR675 Million For Second Europe Fund
PR89941
LOS ANGELES and LONDON, June 7, 2021 /PRNewswire=KYODO JBN/ --
Marlin Equity Partners, a leading global investment firm, is pleased to
announce the final closing of Marlin Heritage Europe II, L.P. ("Heritage Europe
II" or the "Fund"), with EUR675 million of total capital commitments, more than
double the size of its predecessor fund. The Fund successfully closed over its
target with strong support from existing limited partners and significant
interest from new global investors.
Heritage Europe II is a continuation of the investment strategy employed by
Marlin for over 15 years and by its predecessor fund, Marlin Heritage Europe,
L.P. The Fund will apply the same philosophy and process-driven approach to
investing utilized by prior Marlin funds and will target investments in
middle-market companies generally located in Europe, where the firm has been
active since 2006 and formally established a London office in 2012. Consistent
with Marlin's historical focus, Heritage Europe II will seek to invest in
sustainable, high potential companies that can benefit from the firm's rich
history of accelerating growth and scaling businesses, as well as its
substantial operational resources. The Fund will continue to focus on
industries where Marlin has developed extensive domain expertise, including
software, technology, healthcare and tech-enabled business and financial
services.
"Our ability to successfully raise more than twice the amount of capital of the
prior fund further validates our standing and recognition as a leading firm in
the region and value-add partner," said David McGovern, Founder, Chairman and
Chief Executive Officer of Marlin. "We are thankful for the support from our
existing investor base and newest partners, and now look forward to continuing
to execute our operationally-focused investment strategy to help companies
build long-term value and deliver successful outcomes for our partners."
Peter Spasov, Senior Managing Director of Marlin, added, "Our success in Europe
is a result of our deep domain expertise across the industries we target,
demonstrated investment experience in the region, established global
infrastructure and collaborative approach to working alongside management teams
to affect growth-oriented, value-enhancing initiatives. We are excited to
continue to capitalize on the rapid digital transformation occurring broadly
across businesses and industries today, and firmly believe we are uniquely
positioned to help companies accelerate their business models in the ongoing
digitization wave."
Marlin has closed 9 private equity funds and completed over 180 acquisitions
since its inception in 2005, and has more than $7.6 billion of capital under
management. The closing of Heritage Europe II follows a period of strong
investment activity for the firm. Since the beginning of 2020, and amidst the
global pandemic backdrop, Marlin has acquired 26 businesses and completed 8
exits.
Sarah Roberts, Katie St. Peters, Karin Orsic and Bruce Ettelson of Kirkland &
Ellis LLP served as legal counsel and Credit Suisse Securities (USA), LLC acted
as exclusive private placement advisor and placement agent in the formation of
Heritage Europe II.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.6 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 180 acquisitions. The firm
is headquartered in Los Angeles, California with an additional office in
London. For more information, please visit www.marlinequity.com.
SOURCE Marlin Equity Partners
CONTACT: Peter Spasov, Email: pspasov@marlinequity.com
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