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New Deal


Announced

Completed

Marlin completed the majority investment in Tennaxia.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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fintech

Completed

Private Equity

Friendly

Majority

Cross Border

Single Bidder

Private

Acquisition

FinTech

finance

France

Synopsis

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Marlin, a private equity firm, completed the majority investment in Tennaxia, a cloud-based software provider of corporate social responsibility and sustainability data management solutions. Financial terms were not disclosed. “Over the last two decades, we have fueled our growth by focusing on delivering value to our clients through helping them navigate complex and evolving regulatory environments. We are excited to partner with Marlin and Bpifrance to further accelerate our expansion into France and internationally,” stated Bernard Fort, Founder and Chief Executive Officer of Tennaxia. “With Marlin’s operational expertise and support, we look forward to deepening our capabilities to fulfill our customers’ needs and allowing businesses to manage their EHS and ESG requirements with ease,” Maxime Delorme, Tennaxia Co-Founder and Chief Technology Officer.

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