Marlin Equity's Exegy Acquires Enyx

Exegy / Marlin Equity Partners Acquire NovaSparks Inc.

January 15, 2026

Software

Exegy, a Marlin Equity Partners portfolio company backed by Marlin, has acquired NovaSparks Inc., a provider of FPGA-enabled market data normalization and distribution solutions. The add-on expands Exegy's ultra-low latency market data capabilities and brings NovaSparks' FPGA technology and customers into Exegy's global managed services and trading infrastructure platform.

Marlin Equity Partners Invests in Exegy and Vela

May 20, 2021

Data & Analytics

Marlin Equity Partners completed a growth equity investment to combine Exegy and Vela into a unified provider of low-latency market data, trading platforms and managed services for capital markets. The transaction merges Exegy's FPGA-accelerated market data and predictive signals capabilities with Vela's market data normalization, global exchange coverage and DMA/execution technology to create an end-to-end market data and execution solutions provider.

Marlin Equity Partners Acquires Majority Stake in Tennaxia

March 9, 2023

Cloud & SaaS

Marlin Equity Partners, with co-investment from Bpifrance, completed a majority investment in Tennaxia, a Laval, France–based cloud software provider for EHS and ESG data management. The founders and management remain involved as the deal will support Tennaxia’s product development and international expansion.

Marlin Equity Partners Makes Growth Investment in TRAFiX

November 2, 2023

Software

Marlin Equity Partners completed a growth investment in TRAFiX, a New York–based provider of order and execution management software (OEMS) and FIX connectivity solutions for capital markets. The minority growth capital will support TRAFiX’s product development, global expansion and investments in people and talent; financial terms were not disclosed.

Marlin Equity Partners Acquires Inkling Systems

February 13, 2018

Cloud & SaaS

Marlin Equity Partners has completed the acquisition of Inkling Systems, an enterprise SaaS platform for field workforce operations and knowledge delivery. Marlin said it will support Inkling's management team to accelerate growth and expand the company's presence within key verticals such as retail and franchised businesses.

Anexinet (Marlin Equity Portfolio Company) Acquires Propelics

February 21, 2018

IT Services

Anexinet, a portfolio company of Marlin Equity Partners, has acquired Propelics, a San Jose-based enterprise mobility and mobile application specialist, to deepen Anexinet's mobile strategy and app development capabilities. 7 Mile Advisors served as exclusive sell-side advisor to Propelics in the transaction.