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Press Release

Fieldfisher advises Phides on a significant minority Growth Equity investment by Marlin Equity Partners in maritime tech subsidiary

25/03/2022

The firm's Venture Capital and Growth Equity practice acted for the DIFC-registered company on a significant minority Growth Equity investment in Marcura Holding by Los Angeles-based investor Marlin Equity Partners.

European law firm Fieldfisher's Venture Capital and Growth Equity team in London has advised Phides Holding Limited, a Dubai International Financial Centre (DIFC) registered company, on a significant minority Growth Equity investment in its subsidiary, Marcura Holding Limited, to Marlin Equity Partners, a Los Angeles-based global investment firm.

Marcura is a leading vertical software, data intelligence and payments platform for the maritime industry.

Marcura's spend management software allows leading shipping companies to optimise the port process, and reduce time spent in port to improve efficiency, productivity, and profitability. Its platforms are used by over 700 leading maritime organisations who play a crucial role in global trade and support leading shipping companies with their digital transformation journeys.   

Marlin Equity Partners is a global investment firm with over $8.1 billion of capital under management. 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.

Commenting on the deal, Christian Haunsø, Founder of Phides and Marcura, said:

"Fieldfisher played a key role in structuring, advising on, negotiating and documenting this deal. They worked collaboratively and effectively with all stakeholders and advisers. 

Fieldfisher anticipated the issues and knew how to interact with Private Equity investors on minority transactions. I have no hesitation in recommending them and we look forward to working with Fieldfisher as our trusted advisers as our business grows."

Completion of the transaction is subject to applicable regulatory clearances and other customary closing conditions. 

Stifel served as financial advisor to Marcura.  Nomura served as financial advisor to Marlin and Traver Smith LLP served as legal counsel to Marlin.  

About Fieldfisher

Fieldfisher is a European law firm built around its people. We are a full-service firm with market-leading practices in technologyfinancial services, energy and natural resources and life sciences.
 
Our network of more than 1,700 expert people spans 26 offices in 11 countries, including our US and China locations, acting alongside our international partner firms, enabling us to advise clients around the world with seamless efficiency and dedication across time zones and disciplines.
 
A Times Top 20 Law Firm, we are highly commended by the European Financial Times Innovative Lawyers rankings and repeatedly nominated for awards in areas including M&Adispute resolutionpublic and regulatory and IP.
 
Our lawyers are consistently recognised by legal directories as leading professionals in their areas of specialism and we are ranked tier 1 or 2 in a number of our key practice areas.
 
For more information about our firm, please see: About | Fieldfisher.
 

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