Welsh, Carson, Anderson & Stowe (WCAS) has made a majority investment in AIM Software, a provider of software products to the financial services industry. WCAS is also investing additional capital into the business to provide for geographic expansion as well as organic and inorganic growth initiatives.
AIM Software provides data management applications that are used by financial services companies to control and access data. The company’s GAIN product line utilizes a series of components and modules that are designed to let financial institutions source, control, and manage financial data used by their operations. AIM was founded in 1999 and is headquartered in Vienna, Austria with additional offices in Luxembourg, Switzerland, France, the United Kingdom, and the United States (www.aimsoftware.com).
The existing management team, led by founder and CEO Martin Buchberger, will continue to operate the business and will maintain a significant ownership stake in AIM. “We are excited to have found the right partner in Welsh Carson, which brings impressive expertise, strong intellectual capital and an investment focus that is consistent with AIM’s culture,” said Mr. Buchberger.
WCAS is focused exclusively on investments in business, information and healthcare services. Since its founding in 1979, WCAS has organized 15 limited partnerships with total capital of over $20 billion. The firm is based in New York (www.welshcarson.com).
Marlin & Associates was the exclusive financial and strategic advisor to AIM. “The Marlin & Associates team was the ideal partner to aid us in this transaction. Their industry knowledge, expertise and passion were both apparent and invaluable. They demonstrated unwavering commitment, integrity and hard work,” said Mr. Buchberger.
“We are extremely pleased to have served as the exclusive financial and strategic advisor to AIM and to have helped them initiate and complete this highly strategic transaction. We expect that the company’s unique business applications and strong culture combined with WCAS’s highly successful track record as a strategic partner will create a winning combination,” said Jonathan Kaufman, a partner with Marlin & Associates.
Marlin & Associates specializes in advising buyers and sellers of US and international middle-market firms that provide software, data, and related services. The firm has offices in New York, San Francisco, Washington DC, and Toronto (www.marlinllc.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 1-15-15
