Marlin & Associates New York LLC (“M&A”), the boutique investment banking firm specializing in acquisitions and divestitures of U.S. and international middle-market technology, information and business services firms, today announced that M&A client NYSE Euronext has signed an agreement to sell Hugin Group to Thomson Reuters. As part of the agreement, Thomson Reuters and NYSE Euronext will expand their strategic partnership toward offering value-added services to the issuer community.
Marlin & Associates initiated the transaction, managed the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to NYSE Euronext. The transaction is expected to be completed in the fourth quarter of 2009, subject to customary regulatory approvals.
“Hugin is an attractive company with well-respected products, broad customer penetration and strong leadership,” said Ken Marlin, M&A’s Founder and Managing Partner. “Several years ago, we advised the previous owners of Hugin on their strategic options and on their ultimate sale to Euronext. And, it was a particular honor to have NYSE Euronext select us to advise them on this process. We’re pleased with the results. Hugin should be a great fit with Thomson Reuters.”