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Marlin Business Services (MRLN) to Be Acquired by Funds Managed By HPS Investment Partners for $23.50/share

Go back to Marlin Business Services (MRLN) to Be Acquired by Funds Managed By HPS Investment Partners for $23.50/share

Marlin Business Services Corp. Enters Into Definitive Agreement To Be Acquired by Funds Managed By HPS Investment Partners LLC

April 19, 2021 8:00 AM EDT

Marlin Shareholders to Receive $23.50 per share in Cash Transaction

Marlin to Become a Privately Held Company Upon Completion of Transaction

MOUNT LAUREL, N.J., April 19, 2021 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (NASDAQ: MRLN), a nationwide provider of capital solutions to small businesses (Marlin or the Company), today announced that it has entered into a definitive agreement in which HPS Investment Partners LLC (HPS) will, through its European Asset Value Funds,  acquire all of the Companys outstanding shares of common stock in an all cash... More