Sign up for free newsletter

 

Laptop

Marlin Equity Partners acquires Verisae

Verisae, a provider of maintenance, energy, environmental and sustainability management SaaS, cloud-based solutions, has been acquired by Marlin Equity Partners.

Based in Los Angeles, Marlin is a private investment firm with over USD1bn of capital under management.

"We are very excited to be partnering with a strong private equity firm," says Jerry Dolinsky, Verisae’s chief executive. "Marlin brings access to best practices, technology resources and capital, enabling sustained innovation and growth. With Marlin’s backing and Verisae's comprehensive software offering, industry leadership and world-class client base, we look forward to accelerating our growth and extending our product solutions to service the evolving and rapidly changing needs of the grocery, food service and specialty retail markets."

The Verisae platform enables retailers to significantly reduce overall operating costs through active, efficient management of energy, asset lifecycles and environmental compliance. By integrating business information and processes in one data platform, with analytics to drive insight and fact-based decisions, Verisae helps improve customer satisfaction and boost bottom-line profits by 15 to 25 per cent.

Jonah Sulak, a principal at Marlin, says: "We are excited to partner with the industry’s leading SaaS provider and are committed to building on Verisae’s longstanding relationships with its blue-chip customers. This investment reflects our confidence in Verisae’s ‘Connected Facility’ platform and a management team with a proven track record."


Subscribe to free daily newsletter
MediaWatch WA awards 2015

See interviews and presentation at the Wealth Adviser 2015 awards ceremony, held at Sketch, Mayfair on the 15th May .... »

morenews

Aberdeen completes FLAG acquisition

Wed, 02/Sep/2015 - 07:50

Zencap secures EUR230m from VPC

Wed, 02/Sep/2015 - 07:48

Winsight acquires Technomic

Wed, 02/Sep/2015 - 07:46

Taylor Wessing merges with Deterink

Wed, 02/Sep/2015 - 07:44

Actis acquires stake in Coricraft group

Wed, 02/Sep/2015 - 07:42

latestjobs
Mobile Engineer

Tue, 01 Sep 2015 00:00:00 GMT

CTO / Chief Architect

Tue, 01 Sep 2015 00:00:00 GMT

Senior UNIX Systems Administrator/Engineer

Tue, 01 Sep 2015 00:00:00 GMT

events
6 days 17 hours from now - New York
1 week 17 hours from now - New York
1 week 5 days from now - London
1 week 6 days from now - California
specialreports