Duncan Solutions, Inc., announced that it has been acquired by Marlin Equity Partners, a global investment firm with over $3 billion of capital under management.
This acquisition takes effect immediately. Details of the deal were
not disclosed.
not disclosed.
“For the past year, we have been focused on expanding our business and enhancing the value we provide to our clients and partners through our technology and services solutions,” commented Tim Wendler, Director of Duncan Solutions. “In Marlin, we identified a true partner that is enthusiastic about our market and our strategy. We are very excited to have its support moving forward.”
Duncan Solutions, which includes subsidiaries Professional Account Management, LLC, Law Enforcement Systems, LLC, and Enforcement Technology, Inc., will continue to be managed in this transition by an experienced team led by Chief Executive Officer Mike Flaherty.
“We are thrilled to partner with the existing management team to build upon Duncan’s leading market position and extensive client base,” said George Kase, a partner at Marlin. “Duncan is well positioned to capitalize on strong growth in its key markets, and we are excited to work alongside the most experienced leadership team in the parking management industry and help accelerate the company’s next stage of growth.”