Welsh, Carson, Anderson & Stowe has acquired a majority stake in AIM Software. No financial terms were disclosed. Marlin & Associates advised AIM on the transaction. Based in VIenna, Austria, AIM provides data management software products to the financial services sector.
NEW YORK, NY–(Marketwired – Jan 15, 2015) – Marlin & Associates, the boutique investment banking and strategic advisory firm, announced today that its client AIM Software (“AIM”), a leading provider of data management software products to the financial services industry, has received a majority investment from Welsh, Carson, Anderson & Stowe (“WCAS”), a private equity firm focused on investing in high growth businesses.
In connection with this transaction, WCAS is also investing primary capital into the business, which will be used to further accelerate the company’s geographic expansion as well as organic and inorganic growth initiatives. The existing management team, led by founder and CEO Martin Buchberger, will continue to operate the business and will maintain a significant ownership stake in AIM.
Martin Buchberger stated, “We are excited to have found the right partner in Welsh Carson, which brings impressive expertise, strong intellectual capital and an investment focus that is consistent with AIM Software’s culture. The Marlin and Associates team was the ideal partner to aid us in this transaction. Their industry knowledge, expertise and passion were both apparent and invaluable. They demonstrated unwavering commitment, integrity and hard work.”
AIM Software’s press release can be read here.
Jonathan Kaufman, a partner with Marlin & Associates, said, “We are extremely pleased to have served as the exclusive financial and strategic advisor to AIM and to have helped them initiate and complete this highly strategic transaction. We expect that the company’s unique business applications and strong culture combined with WCAS’s highly successful track record as a strategic partner will create a winning combination.”
Marlin & Associates is one of the most active firms advising buyers and sellers of U.S. and international middle-market firms that provide software, data, and related services. With offices in New York, San Francisco, Washington D.C. and Toronto, the firm has been the recipient of numerous awards and has advised on more than 200 transactions.
AIM Software, based in Vienna Austria, has been providing data management applications to the financial services industry since 1999. With more than 100 clients, and offices in Austria, Luxembourg, Switzerland, France, the United Kingdom, and the United States, AIM offers best-in-class business applications designed to work together in a fully integrated business suite. For further information, please visit www.aimsoftware.com.
About Marlin & Associates
Marlin & Associates is based in New York City, with offices in San Francisco, CA, Washington, D.C., and Toronto, Canada. It has been the recipient of numerous awards including “Middle-Market Investment Bank of the Year,” “Middle-Market Financing Agent of the Year – Equity,” and “TMT Advisory Bank of the Year.” Two transactions on which Marlin & Associates advised have been recognized as “Deals-of-the Decade.” Marlin & Associates’ team of professionals has advised on over 200 information-technology transactions. For more information please visit www.MarlinLLC.com.
Marlin & Associates Securities LLC, a wholly-owned subsidiary of Marlin & Associates Holding LLC, is a broker-dealer registered with the Securities and Exchange Commission and is a FINRA/SIPC member firm (www.finra.org). Investment banking and/or securities are offered through Marlin & Associates Securities LLC.
Some recent clients that Marlin & Associates has advised include:
– Infonetics of Campbell, CA which Marlin & Associates advised in its sale to IHS Inc. (NYSE: IHS);
– Alacra, Inc. of New York, NY which Marlin & Associates advised on it strategic alliance with NICE Actimize, a NICE Systems (NASDAQ: NICE) business;
– Wisers Information Limited of Hong Kong, China which Marlin & Associates advised on its capital raise from SAIF Partners;
– Tagetik Software srl of Lucca, Italy which Marlin & Associates advised on its $36M capital raise from White Bridge Investments S.p.A.;
– RevSpring Inc. of Wixom, Michigan which Marlin & Associates advised on its acquisition of Talksoft Corporation;
– Current Analysis of Washington, D.C. which Marlin & Associates advised on its sale to Progressive Digital Media plc (AIM: PRO);
– Blackstone (NYSE: BX) and the Goldman Sachs (NYSE: GS) Merchant Banking Division (together, the “Sponsors”) which Marlin & Associates advised on their acquisition of Ipreo Holdings LLC (“Ipreo”) from affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR”) (NYSE: KKR);
– ByAllAccounts, Inc. of Woburn, Massachusetts which Marlin & Associates advised on its sale to Morningstar, Inc. (NASDAQ: MORN);
– SpryWare LLC of Chicago, Illinois which Marlin & Associates advised on its sale to Pico Quantitative Trading Holdings LLC;
– NPD Group of Port Washington, New York which Marlin & Associates advised on its acquisition of Leisure Trends Group;
– MarketAxess Holdings Inc. (NASDAQ: MKTX) of New York, New York which Marlin & Associates advised on its sale of Greenline Financial Technologies to CameronTec; and
– Bain Capital Ventures’ portfolio company ABILITY Network Inc. of Minneapolis, Minnesota which Marlin & Associates advised on its merger with IVANS.