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Marlin completes the acquisition of Heimdal

LOS ANGELES and LONDON, March 5, 2020 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Heimdal™ Security (“Heimdal”), a leading European provider of cloud-based cybersecurity solutions. Headquartered in Copenhagen, Denmark and with a strong presence in Scandinavia, and the U.K. and U.S. markets, Heimdal’s comprehensive endpoint security suite is delivered through a subscription-based, multi-tenant cloud platform that allows companies to protect themselves and their customers from cybercrime, as well as safeguard critical information and intellectual property.

“Heimdal’s exceptional product offering, talented and passionate workforce and established customer base together serve as an excellent platform for our next phase of growth,” said Morten Kjaersgaard, CEO of Heimdal. “Marlin has an outstanding track record of partnering with and stewarding software and technology companies, and we look forward to their strategic, operational and financial support as we continue to grow the business for the benefit of our international customer base.”

“In the face of modern threats, Heimdal is uniquely positioned to address the rapidly evolving cybersecurity needs of small and medium-sized enterprises, for whom traditional solutions such as antivirus and firewalls are proving increasingly insufficient,” said Florian Hofmann, a principal at Marlin. “Heimdal’s rapid growth and outstanding reputation in the market are testament to its ability to address critical security shortcomings and deliver tangible business value to customers. We are excited to partner with an exceptional management team and support them in accelerating growth, enhancing the product offering and expanding international operations.”

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 160 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.

About Heimdal Security

Heimdal Security is a leading European provider of cloud-based cybersecurity solutions. The company offers a multi-layered security suite which combines threat prevention, endpoint rights management, and antivirus and mail security which together secures customers against cyberattacks and keeps critical information and intellectual property safe. Heimdal has been recognized as a thought leader in the industry and has won multiple international awards both for its solutions and for its educational content creation. Headquartered in Copenhagen, Denmark, and with a strong presence in Scandinavia, and the U.K. and U.S. markets, Heimdal serves and protects over 6,000 companies globally. For more information, please visit www.heimdalsecurity.com.

For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.