Tuesday, March 27, 2018

Marlin Equity's AppRiver Buys Roaring Penguin

AppRiver, a provider of cloud-based cybersecurity software and services which is owned by Los Angeles private equity investor Marlin Equity, has acquired Ottawa, Canada-based Roaring Penguin, the companies said this week. Roaring Penguin was a developer of email security software. Financial details of the buy were not announced. AppRiver, which is based in Florida, was acquired by Marlin Equity in October of 2017.