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Aldon Acquired by Los Angeles Private Investment Firm

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After 28 years of independent service, Aldon, a leading provider of process-driven application life-cycle management (ALM) solutions, has been acquired by Marlin Equity Partners, a Los Angeles-area private investment firm.

The partnership provides Aldon with expanded resources to better serve the needs of its customers, the company said it a statement, adding that it can now accelerate growth through continued investments in its products and solutions.

"In the dynamic application life-cycle management market, the opportunity to target emerging areas effectivelyùsuch as SOA, Web 2.0, etc.ùrequires strong capital investment," said Melinda Ballou, program director, Application Life-Cycle Management service at IDC. "Marlin's investment with Aldon can help provide the combined organization with opportunities to invest and extend Aldon's existing technology resources in important emerging ALM growth areas."

"This transaction is an excellent fit with Aldon's strategic direction," said Matt Scholl, president and chief operating officer for Aldon. "With Marlin's financial support, we can continue to establish significant success in the ALM market and grow aggressively toward building a robust platform of market-leading technologies."

"Over the last 28 years, Aldon has successfully developed a strong international customer base and superior set of core technologies for the ALM marketplace," said David McGovern, managing director at Marlin Equity Partners. "We see significant opportunity to build on this foundation through strategic organic growth initiatives as well as through acquisitions."

About Marlin Equity Partners, LLC

Marlin Equity Partners is a Los Angeles-based private investment firm focused on providing corporate partners, shareholders, and other stakeholders with tailored solutions that meet their business and liquidity needs in special situations. Marlin invests in businesses across multiple industries that are in the process of undergoing varying degrees of operational, financial, or market-driven change where our capital base, industry relationships, and extensive network of operational resources will significantly strengthen a company's outlook and enhance value. Marlin Equity Partners has successfully completed the acquisition of six software businesses including the following: Intuitive Manufacturing Systems, Relevant Business Systems, SupplyWorks, XKO Software , CMS Software, and now Aldon. For more information, please visit www.marlinequity.com.

About Aldon

Aldon is a leading provider of application life-cycle management (ALM) solutions that brings the benefits of process-driven application change management to IT, accelerating the delivery of mission-critical business applications. Aldon ALM solutions support today's agile organizations by enabling IT teams to greatly improve their products' time to market, reduce business disruptions, achieve regulatory compliance, and increase return on investment. More than 1,300 companies, including 70 of the Fortune 100, rely on Aldon ALM solutions for enterprise software configuration and change management for their IT business processes. Established in 1979, Aldon is headquartered in Emeryville, California, and maintains 14 offices worldwide serving more than 40 countries. For more information, please visit www.aldon.com.

Aldon provides application lifecycle management (ALM) for the business of IT. We offer flexible ALM for complex environments; simplified ALM for complex work; and uncomplicated ALM for complete visibility and collaboration.

For more than 30 years, we have been the experts in providing ALM solutions to ensure that change management, collaboration, and compliance are applied consistently across all areas of IT whether you develop using agile, waterfall, iterative or other hybrid methodologies. Through our user-centric approach to process management and workflow automation, our change, release & deployment, agile, and service management products help you focus on what you do best—providing superior services, rapidly developing applications, and efficiently managing your IT operations. Behind the scenes, we help you increase productivity, accelerate time-to-market, fully understand your IT assets, and easily achieve compliance with regulatory standards.

A true testament to our products is our customer base with over 1,300 companies worldwide in over 70 of the Fortune 100. These companies rely upon our solutions to manage their global IT business and operations processes including application development, network operations, and services management.


 

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