We are pleased to announce another successful transaction on which Marlin & Associates has advised. Our client MarketAxess Holdings Inc. (NASDAQ:MKTX), the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets (EM) bonds and other fixed income securities has agreed to sell its subsidiary, Greenline Financial Technologies, to CameronTec (Stockholm, Sweden). Greenline Financial Technologies provides FIX and proprietary protocol and electronic trading technology solutions and services across all asset classes for leading global financial institutions. The full press release can be read here.
We are pleased to have been the exclusive strategic and financial advisor to MarketAxess on this transaction. It is the 12th transaction and 7th cross-border transaction on which we have advised in the past year. This also marks our second transaction involving Cameron. Seven years ago, we advised Cameron on its sale to ORC Software. This time we were on the other side.
We thought you would be interested.
Marlin & Associates is one of the most active investment banking and strategic advisory firms providing strategic and financial advice to worldwide buyers and sellers of middle-market technology firms. The firm is headquartered in New York, NY and has additional offices in San Francisco, CA; Washington, DC; Toronto, Canada; and Hong Kong, China, serving companies that provide information and technology to a wide range of multi-national communities including those that serve the banking, capital markets, insurance, marketing and healthcare arenas. Some of our recent transactions include:
Bain Capital Ventures’ portfolio company ABILITY Network Inc. of Minneapolis, Minnesota, which Marlin & Associates advised on its merger with IVANS;
SR Labs, LLC of New York, New York, which Marlin & Associates advised on its $53M capital raise from Insight Venture Partners;
Knovel Inc. of New York, New York which Marlin & Associates advised on its sale to Reed Elsevier PLC (LSE:REL);
XcitekSolutionsPlus, LLC (XSP) of Birmingham, Alabama, which Marlin & Associates advised on its sale to SunGard Data Systems Inc.;
DMLT LLC (dba Investment Café) of Tampa, Florida, which Marlin & Associates advised on its sale to eFront, a portfolio company of Francisco Partners;
Correlix of New York, New York and Tel Aviv, Israel, which Marlin & Associates advised on its sale to TS-Associates;
Ideas International Ltd. (ASX:IDE) of Hornsby, Australia, which Marlin & Associates advised on its sale to Gartner (NYSE:IT);
Coalition Development Ltd. of London, United Kingdom, which Marlin & Associates advised on its sale to CRISIL, a subsidiary of McGraw-Hill (NYSE:MHP); and
IMS Research of Wellingborough, United Kingdom, which Marlin & Associates advised on its sale to IHS Inc.
Please let me know if I can answer any questions.