LONDON and NEW YORK, NY--(Marketwired - Aug 6, 2013) - Data management software vendor, Asset Control, has been acquired by Marlin Equity Partners ("Marlin"). The deal will enable Asset Control to invest in its products and strategic initiatives, while maintaining best practices in implementation and support for its global client base.

Dean Goodermote, CEO of Asset Control, said, "This is a very positive step for Asset Control and our clients, providing greater strategic clarity for the company. It is a clear vote of confidence in the business and our products, and will enable us to focus on developing both. Marlin's operational experience in financial services software and access to capital make them the ideal partner to help us in our next phase of growth. We are enthusiastic about Asset Control's future under Marlin's stewardship, which will be centered on high quality products and high quality client service."

Shawn McMorran, Managing Director of Marlin's London office, added, "We are excited to add another successful and respected business like Asset Control to our growing European portfolio. Asset Control represents an excellent platform for growth in the data management and financial software industry and is perfectly placed to take advantage of the cost and regulation driven demand for more effective data management in financial institutions."

About Asset Control
Asset Control offers a combination of proven technology and expert knowledge to ensure that financial organizations have the accurate, accessible and actionable data that is necessary to drive their business. Asset Control has been providing data management solutions to leading financial institutions for more than 21 years. It helps companies define their data management processes and then provides flexible, easily-integrated solutions that feed timely and auditable data to its customers' downstream systems for risk management, compliance, trading, product development, order management, accounting and reporting. Asset Control's solutions are completely data neutral and aggregate data from all of a customer's chosen sources. Its market leading products serve banks and asset managers worldwide, delivering solutions that process millions of daily transactions efficiently and reliably. For more information, visit www.asset-control.com.

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About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $2.6 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 strengthens a company's outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 65 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.