Verisae, a provider of maintenance, energy, environmental and sustainability management SaaS and cloud-based services, has been acquired by Marlin Equity Partners.
Verisae is a provider of SaaS and cloud-based services that help large retailers in the grocery, food service and specialty retail sectors manage their maintenance, energy, environmental and sustainability programs. The company is based in Minneapolis (www.verisae.com).
“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,” said Jonah Sulak, a principal at Marlin.
Marlin Equity Partners invests in businesses across multiple industries that are in the process of undergoing varying degrees of operational, financial or market-driven change. The firm is based in Los Angeles (www.marlinequity.com).
“We are very excited to be partnering with a strong private equity firm,” said Jerry Dolinsky, Verisae’s CEO. “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.”
© 2013 PEPD • Private Equity’s Leading News Magazine • 1-11-13
