AGC Partners is pleased to announce that its client, Embotics, the hybrid cloud management company, has been acquired by Snow Software, the global leader in technology intelligence solutions and portfolio company of Sumeru. This acquisition brings together two market leaders, enabling CIOs to understand and manage their full technology stack from software and hardware to infrastructure and applications, regardless of whether they live on-premises, in the cloud or in a hybrid environment. With a team led by Ben Howe, AGC Partners acted as sole financial advisor to Embotics. To view the announcement by Snow Software, click here.
"The AGC team jumped in full speed from the start with high energy, creativity, and deep domain knowledge in the cloud management space. They blew past our expectations of how thoroughly our banker would understand our product, our growth story, and how the market would look at our business. Through their interactions with the participants throughout the process, it was clear that Ben and AGC had very strong relationships with the best of the PE firms and strategic buyers. They were able to quickly get the Embotics story in front of the right parties, drove them to dig in deep, and created a competitive auction that resulted in a phenomenal outcome for shareholders, employees, and the business going forward. The combination of Embotics and Snow will be powerful, and AGC worked tirelessly with the utmost poise and integrity to make it happen."