About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Sovereign Capital Partners Takes Ownership of Asset Control from Marlin Equity Partners

Subscribe to our newsletter

Nearly a year after Marlin Equity Partners put Asset Control up for sale with a price tag of £100 million – an astonishing eight times EBITDA – in November 2017, it has found a buyer in Sovereign Capital Partners, a UK-based private equity firm with a track record of acquiring high quality businesses and supporting their growth. The price of the purchase was not disclosed.

Under Sovereign’s management, Asset Control’s existing management team will continue to lead the company, including Mark Hepsworth who was appointed as CEO in August 2016 and has focussed on developing the company’s product offering to meet client needs and growing the company. The team will be joined by Brian Traquair, former president of capital markets at SunGard Data Systems and a fintech advisor and investor, as chairman of the board of directors.

Commenting on the acquisition, Hepsworth said: “This investment will benefit our clients, who can expect continued stability and investment in product development to further enhance their data management capabilities. Asset Control has grown rapidly in recent years and we look forward to continued successes with Sovereign in launching new products and winning new clients.”

Sovereign intends to use its experience in the financial services and technology sectors – its main claim here is a 2010 investment in compliance and regulatory consultancy Cordium, which it exited in 2015 – to support Asset Control through its next phase of growth.

Sunil Jain, investment director at the private equity firm, said: “The global marketplace for data management systems is growing rapidly and Asset Control is uniquely positioned to capitalise on this opportunity in the financial services market. Asset Control stands out due to its robust historic performance and attractive growth potential. We look forward to building on what Mark and the team have accomplished in recent years”.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Bloomberg Debuts Real-Time Events Data Feed

Bloomberg has broken new ground with the release of its Real-time Events Data solution, which it says will help financial institutions make better decisions faster, based on the most accurate and timely information. The US financial data and technology behemoth has leveraged its real-time streaming API connectivity to provide subscribing clients with data from earnings...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...