Marlin Equity Partners has acquired Ottawa, Ontario-based Roaring Penguin, a provider of email security solutions. No financial terms were disclosed. UPDATE: The acquisition was an add-on for Marlin portfolio company AppRiver.
LOS ANGELES, March 26, 2018 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Roaring Penguin Software Inc. (“Roaring Penguin”), an Ottawa-based provider of email security solutions. The company offers anti-spam and anti-virus email filtering software to a broad base of managed service providers, internet service providers, universities, governments and commercial businesses throughout North America and Europe. The acquisition bolsters AppRiver’s footprint in Canada, further diversifying its global customer base and adding a local presence in a key market from which AppRiver can accelerate sales of its proprietary cybersecurity solutions and its Office 365 franchise. Roaring Penguin’s intellectual property will be leveraged to enhance SecureTide, AppRiver’s e-mail security solution.
“This acquisition is the first of a series of initiatives aimed at establishing AppRiver as the global go-to cloud cybersecurity and productivity company for SMB customers and the channel partners who serve them,” said Michael Murdoch, AppRiver’s president and CEO. “The combination with Roaring Penguin gives us the ability to establish a leading Office 365 business in Canada, and the integration of Roaring Penguin’s anti-spam technology with SecureTide allows us to further differentiate our product offering. With our enhanced SecureTide product, expanded geographic presence and new Nautical platform, we believe we are well positioned to help our partners succeed in a cloud-centric world.”
“The acquisition of Roaring Penguin reflects our commitment to strategically invest around AppRiver’s core competency in email and expand upon its credentials in cybersecurity,” said Peter Chung, a managing director at Marlin. “Roaring Penguin offers a unique opportunity to add new features and capabilities to SecureTide’s existing technology, while establishing a key foothold in the Canadian SMB market as part of AppRiver’s continued international expansion. We are excited to partner with the Roaring Penguin team and welcome a new set of customers to the AppRiver family.”
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 120 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
AppRiver offers cloud-based cybersecurity and productivity services to over 60,000 companies worldwide. Launched in 2002, primarily as a spam and virus filtering company, AppRiver has since added Web malware protection, email encryption, secure archiving and email continuity to its suite of security services to establish itself among the world’s top providers of Office 365 and Secure Hosted Exchange mailboxes. All services are offered on a pay-as-you-use basis backed by its free, fully supported and award-winning 24/7 white-glove Phenomenal Care™ customer service. AppRiver is headquartered in Florida and maintains offices in Georgia, Texas, New York, Switzerland, Spain and Canada. For more information, please visit www.appriver.com.