BMC Software to Acquire Model9

Transaction Details

AGC Partners is pleased to announce that our Israeli client, Model9, a leader in mainframe data migration, has agreed to be acquired by BMC Software, backed by KKR. Model9 brings the power of the cloud to the mainframe and enhances the BMC AMI portfolio of solutions that help modernize companies' mainframe assets so that they can innovate faster, maintain constant data availability, and protect against cyber threats. This acquisition will provide customers with the capability to store and share mainframe data across the hybrid IT landscape, including public and private clouds. Customers can manage and operate secondary storage in a consistent way and migrate mainframe data to the cloud reliably, efficiently, and securely to enable new use cases, increased business agility, and continuous cost optimization. With a banking team led by Ben Howe and Sean Tucker, AGC Partners acted as the sole financial advisor to Model9.

BMC Software to Acquire Model9


"AGC's unwavering commitment to our success, combined with their professional work ethic, proved invaluable in achieving an optimal outcome for our team and shareholders. Sean, Meghana and Ben, along with the entire AGC team, worked tirelessly and were always accessible, ensuring a fast and efficient deal with a great new partner. Their expertise validated our decision to work with them on this critical transaction for our company and they exceeded our expectations at every turn. We are grateful for their partnership and the results they delivered."

Gil Peleg, Founder & CEO, Model9

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