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Marlin has signed a definitive agreement to acquire ABIT

LOS ANGELES and LONDON, July 11, 2017-– Marlin Equity Partners (“Marlin”) is pleased to announce that it has signed a definitive agreement to acquire ABIT Europe Group (“ABIT”), a provider of claims and credit management, and risk and impairment software and services. With dual headquarters in Meerbusch, Germany and Nieuwegein, the Netherlands, ABIT provides a comprehensive suite of software solutions for credit and claims management, and risk and impairment, as well as a cloud-based business intelligence and data analytics solution – named Cwize – designed to monitor and optimize debt collection performance. The completion of the transaction is subject to applicable regulatory clearances and other customary closing conditions.

“As a pioneer in claims and credit management software, ABIT is at the forefront of industry innovation, which, along with our focus on customer service, allows us to deliver best-in-class products to our customers,” said Christian van Laak and Erik Koch, co-Managing Directors of ABIT, in a joint statement. “We are excited to partner with Marlin and leverage their deep sector expertise and operational resources as we continue to diversify into new geographies and product niches.”

“ABIT enjoys deep and long-standing relationships with its customers as a result of its extensive market experience and commitment to offering superior products and services,” said Jan-Olivier Fillols, a principal at Marlin. “We look forward to helping ABIT expand into adjacent markets and accelerate its growth through both organic and inorganic expansion, while continuing to deliver exceptional value to existing customers and partners.”

About Marlin Equity Partners

Marlin Equity Partners is a global investment firm with over $6.7 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 100 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.

About ABIT Europe Group

ABIT Europe Group (“ABIT”) is a leading claims and credit management, and risk and impairment software provider in Europe with operations in Germany and the Netherlands. The company offers a unique portfolio of end-to-end software solutions for credit and claims management and risk and impairment mitigation across major industry verticals, including financial institutions, debt collection agencies, public sector bodies and utilities, as well as a cloud-based business intelligence and data analytics solution designed to monitor and optimize debt collection performance. For more information, please visit www.abit.de.

For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.


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