South Jersey s Marlin Business Services completes $281M sale to HPS Investment bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
MOUNT LAUREL, N.J., Jan. 20, 2022 Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses , announced today the completion of its acquisition by funds. | January 20, 2022
Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC Third Quarter Summary: Net income of $5.5 million, or $0.45 per diluted share, up from $2.7 million, or $0.23. | October 28, 2021
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Marlin Business Services to Be Acquired by Funds Managed By HPS Investment Partners
April 19, 2021, 08:00 AM
Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses, announced that it has entered into a definitive agreement in which HPS Investment Partners LLC will, through its European Asset Value Funds, acquire all of the Companyâs outstanding shares of common stock in an all cash transaction for $23.50 per share, as potentially subject to downward adjustment discussed below, which represents a 65% premium over the closing price of Marlinâs common stock of $14.24 on April 16, 2021.