Duncan Solutions, Inc., a leader in on-street parking management, enforcement technology, debt collection services and tolling solutions, announced today 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.
“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.”
About Duncan Solutions
Duncan Solutions, Inc., is a full-service parking management company and a leading provider of parking and transportation management products and services to municipal and commercial clients, including enforcement solutions, citation processing, customer service, debt collections, tolling solutions, and integrated on-street parking management services. Since 1936, the Duncan name has stood for quality, durability, and innovation in service to its clients. More information about Duncan Solutions is available at DuncanSolutions.com.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $3 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.