Marlin Equity Partners Acquires NovaSparks to Enhance Exegy

Marlin Equity Partners, a global investment firm based in Los Angeles, has announced the acquisition of NovaSparks Inc., a provider of real-time market data normalization and distribution solutions. The deal, which was revealed on January 14, 2026, will see NovaSparks integrated into Exegy, another Marlin portfolio company, enhancing Exegy’s offerings in high-performance market data and trading technology.

NovaSparks specializes in Field Programmable Gate Array (FPGA) enabled products, designed to meet the rigorous speed and scale demands of modern electronic trading platforms. This acquisition aligns with Marlin’s strategy to expand its technology portfolio and strengthen its market position.

David Taylor, Chief Executive Officer of Exegy, expressed enthusiasm about the acquisition, stating, “We are thrilled to welcome the NovaSparks customers to Exegy. We have a strong track record of blending the strengths of talented teams and proven products to elevate the user experience and deliver greater value to our clients.” He emphasized that this acquisition is a continuation of their mission to lead in capital markets technology.

Luc Burgun, CEO of NovaSparks, noted that joining forces with Exegy will enhance their innovation and customer support capabilities. He stated, “Our clients will continue to receive the ultra-low latency performance they rely on, but now with the backing of Exegy’s global presence and services infrastructure.” This merger is expected to create significant synergies, including cross-selling opportunities and improved operational efficiencies.

Hemal Patel, a managing director at Marlin, highlighted the strategic fit of NovaSparks within Exegy’s platform, stating, “The combination enhances Exegy’s ability to serve the most demanding electronic trading environments globally, while continuing to deliver the scale, performance, and reliability its customers expect.” This acquisition marks another milestone in Marlin’s ongoing strategy, following its previous acquisitions of Vela Trading Systems and Enyx.

Marlin Equity Partners, founded in 2005, has completed over 270 acquisitions and manages nearly $10 billion in capital commitments, focusing on the software, technology, and services sectors. Exegy, headquartered in St. Louis, is recognized for its low-latency market data and trading technology solutions, serving a diverse range of market participants.

As the integration process begins, both companies aim to leverage their combined strengths to enhance product offerings and expand their market reach. The acquisition is expected to further solidify Exegy’s position in the competitive landscape of trading technology, particularly in global and emerging markets.