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Marlin invests in corp performance, tax software business Longview

2 Jul 2014

accounting tax calculatorUS mid-market buyout house Marlin Equity Partners has bought corporate performance management and tax software business Longview Solutions.

Marlin picked up the Canada-based business from Exact Holding, but did not reveal financial terms.

Shawn McMorran, a partner in the firm’s London office, said, “Longview represents an excellent platform for growth in the expanding corporate performance management space and is particularly differentiated by its market-leading integrated tax data management and provisioning software.

“We are committed to accelerating and strengthening Longview’s already robust product portfolio through both organic growth and strategic acquisitions.”

Earlier this year Marlin held a $400m ‘one and done’ close for its new Marlin Heritage vehicle.

The fund was only offered to investors in the firm’s $1.6bn Fund IV, which it closed on its hard cap last summer.

Marlin Heritage closed on its hard cap in less than three months after generating demand of more than four times its initial $250m target.

The fund will be used to target lower mid-market investments in industries Marlin has experience in, including technology, business services, healthcare and manufacturing.

Marlin has closed five private equity funds since it was launched in 2005 and has more than $3bn of capital under management.

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