Marlin completes acquisition of Medius
5 September, 2017
Medius AB (“Medius”), the leader in cloud-based AP invoice automation, announced today that Marlin Equity Partners (“Marlin”) – a global investment firm with over $6.7 billion of capital under management – has completed the acquisition of the company.
The acquisition will enable Medius to further accelerate its ongoing global expansion and continue investing in its cloud-based solutions for accounts payable automation.
“We are very excited to continue our successful growth journey together with Marlin and leverage their extensive network around the world and deep expertise in the technology sector to accelerate our global expansion and product innovation going forward,” said Per Åkerberg, CEO of Medius.
For more information, please contact:
- Per Åkerberg, CEO, Medius AB, firstname.lastname@example.org
- Fredrik André, VP Global Marketing, Medius AB, +46 (0)709 23 93 81, email@example.com
Medius is a leading provider of AP invoice automation solutions in the Cloud. The MediusFlow and Ascendo solutions automate and simplify the entire P2P process. The company has 2,000 customers worldwide processing 52 million invoices annually, with high density in retail, manufacturing and services. Founded in 2001, Medius now has 220 employees working out of offices in Sweden (HQ), the United States, Norway, Denmark, Poland, the Netherlands, Malaysia and Australia. For more information, please visit www.mediusflow.com.
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 100 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.