M&A Deal Summary

Marlin Equity Partners Acquires Tellabs

On October 21, 2013, private equity firm Marlin Equity Partners acquired technology hardware company Tellabs for 891M USD

Acquisition Highlights
  • This is Marlin Equity Partners’ 4th transaction in the Technology Hardware sector.
  • This is Marlin Equity Partners’ largest (disclosed) transaction.
  • This is Marlin Equity Partners’ 29th transaction in the United States.
  • This is Marlin Equity Partners’ 4th transaction in Texas.

M&A Deal Summary
Date 2013-10-21
Target Tellabs
Sector Technology Hardware
Buyer(s) Marlin Equity Partners
Deal Type Going Private
Deal Value 891M USD
Advisor(s) Goldman Sachs (Financial)
Sidley (Legal)

Target

Tellabs

Carrollton, Texas, United States
Tellabs' corporate headquarters in Naperville, Illinois.
Tellabs' corporate headquarters in Naperville, Illinois.
Tellabs is a supplier of networking solutions that help network operators boost revenue, reduce expenses, and optimize networks. Tellabs serves telecom service providers, independent operating companies, cable companies, enterprises, and governments. Tellabs was formed in 1974 and is based in Carrollton, Texas.

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Buyer(S) 1

Buyer

Marlin Equity Partners

Hermosa Beach, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 8.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Marlin Equity's headquarters in Hermosa Beach, California.
Marlin Equity's headquarters in Hermosa Beach, California.

Marlin Equity Partners is a private investment firm focused on acquiring distressed businesses with sales of $10 million to $2 billion. Marlin has a special interest in non-core or underperforming divisions of larger corporations, as well as companies facing some sort of financial, operational or market-related transition. Marlin is a generalist investor and will consider opportunities in technology (software, IT, payment systems, hardware, communications, internet), healthcare, consumer (apparel, retail, consumer products, food/beverage), services (business, financial, consumer, education), manufacturing (automotive, industrial, metals, plastics), aerospace, defense, and media. Marlin prefers businesses with scalable business models, strong installed customer bases, defensible market positions, and barriers to entry. Marlin Equity Partners was formed in 2005 and is based in Hermosa Beach, California with an additional office in London.

DEAL STATS #
Overall 34 of 116
Sector (Technology Hardware) 4 of 5
Type (Going Private) 2 of 5
State (Texas) 4 of 13
Country (United States) 29 of 83
Year (2013) 7 of 7
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-01 Alveo

New York, New York, United States

Alveo is a provider of data management software to global financial institutions. Asset Control’s solutions encompass the full spectrum of reference and market data to help financial institutions better manage risk, meet evolving compliance demands, increase productivity, bring new products to market faster and generate new revenue. Alveo was founded in 1991 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-08 Lochbridge

Detroit, Michigan, United States

Lochbridge, Inc. is a provider of broad range of IT services for distributed, mainframe and mobile environments, and provides guidance to its customers that helps maximize the value of their technology.

Buy -
Mergr

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