Sale of Global Supply Chain Management Software Solutions to Leading Private Equity Firm
London– June 30, 2015 – Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, today announced that it acted as the exclusive financial advisor to International Business Systems AB (IBS), a portfolio company of Symphony Technology Group (STG), on its sale to Marlin Equity Partners. The acquisition of IBS further strengthens Mooreland Partners’ position as a leading global M&A advisor on cross-border, private equity transactions in the enterprise software sector.
Headquartered in Stockholm, Sweden, IBS is the world leader in distribution resource management software providing business applications for the wholesale, distribution and manufacturer / distributor markets. Founded more than 35 years ago, IBS is a valued business partner to more than 1,000 organisations who rely on the Company’s software to manage their most critical business operations. IBS’ offerings include a comprehensive and integrated Enterprise Resource Planning and Supply Chain Management suite, a best-of-breed warehouse management application, and a recently introduced sales and operations planning solution.
“IBS will be able to build on the platform built under Symphony’s stewardship and with Marlin’s support capitalize on the Company’s strong customer base worldwide and drive further growth,” said Patrick Seely, Managing Director at Mooreland 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.
Symphony Technology Group is a private equity firm with $2 billion of capital under management, and a portfolio that reports $2.7 billion in revenue, and collectively, has more than 17,000 employees.