Marlin Equity Partners has acquired The Surveillance Business from Cobham plc. Financial terms weren’t announced. The Surveillance Business, based in Tampa, Florida and Whiteley, Hampshire in the U.K., designs, engineers, makes and sells surveillance equipment.
LOS ANGELES, January 15, 2016 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired The Surveillance Business (“TSB”), a global leader in the design, engineering, manufacture and sale of surveillance equipment, from Cobham plc (LON: COB). TSB combines world class engineering expertise and a deep understanding of customer needs to create a market-leading portfolio of video, audio and other surveillance products and solutions for the most demanding surveillance customers, including intelligence agencies, national law enforcement organizations, military special forces and commercial operations. Dually-headquartered in Tampa, Florida and Whiteley, Hampshire in the U.K., the company serves thousands of customers in over 110 countries worldwide.
Dan Gelston, who will continue to lead The Surveillance Business, commented, “With Marlin, we have gained a strategic partner with deep corporate divestiture experience and a strong track record of growing global companies. TSB’s market leading position in technologically innovative surveillance equipment combined with Marlin’s operational expertise will provide TSB’s customers with unmatched products and service.”
“We are excited to partner with the leading global provider of high-end surveillance equipment and are passionate to deepen TSB’s long-standing relationships with its global, blue-chip customer base,” said Ryan Wald, a partner at Marlin. “As an independent company, TSB is now well-positioned to execute on its growth plan and continue to provide the most advanced, mission-critical surveillance solutions in the market.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $3 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 The Surveillance Business
Established in 2001, The Surveillance Business (“TSB”) is a leading surveillance products and solutions provider, offering a comprehensive selection of best-of-breed solutions to pre-eminent customers in the defense, intelligence, law enforcement, public safety, critical asset protection and broadcast markets, both in the U.S. and internationally. TSB benefits from decades of legacy experience and institutional knowledge resulting in market-leading technologies in video surveillance, audio surveillance, tagging, tracking and locating products, advanced cellular monitoring and intercept technologies, cameras and sensors and surveillance operation command and control software.