Dear Clients and Friends:
We are pleased to announce another successful transaction on which Marlin & Associates has advised.
Our client, Private Client Resources (PCR), the leading provider of total wealth aggregation, reporting and data management solutions to Private Banks, Advisors, Trusts Companies, Multi-Family offices and other wealth-management firms and technology providers, today announced that Public Pension Capital LLC (PPC), a mid-market private equity firm, has made a major investment into the company alongside management. PPC’s investment will fund business growth and provide liquidity to shareholders, allowing PCR to invest in expanding sales, marketing, product development, its geographic footprint and investment in the company’s ground-breaking data sharing architecture.
“Having done a number of FinTech start-ups, the Marlin team was well-known to me and I welcomed the opportunity to get a chance to work together on this transaction. Deals are not getting easier to do and it was extremely helpful to have a firm of their caliber and experience by our side during the process.” said Bob Miller, CEO of PCR.
We are pleased to have been the exclusive strategic and financial advisor to PCR in this important strategic partnership.
The full announcement can be read here.
Please feel free to call us if you have any questions on this transaction or on any of the sectors that we follow.
