Over the years, we have observed that many of the companies we work with have been referred to as “Technology Enabled Services” (TES). While there are a myriad of ways to define these Technology companies, we believe a Technology Enabled Service company is a business services company that uses proprietary technology to deliver something that is better, faster, and cheaper than if you do it yourself or hire a traditional firm. These capabilities help drive a company toward a more efficient business model by providing a lower cost service that has become a “must-have” in the economy today. Profound technology advances are changing the way legacy software and services are delivered, including powerful cloud computing technologies, low cost data storage, the ubiquity of mobile computing devices, and the explosion of Big Data and analytics.
Technology today enables companies to monitor, measure, customize, and bill for asset use at a much more granular level than ever before, which is why TES companies remain one of the most attractive equity stories in the marketplace. Companies can now purchase units of service and account for them as a variable cost rather than undertaking a large capital expenditure. The demand for tech enabled services will continue to be driven by companies looking to reduce costs and streamline operations. The imposed efficiencies of the business are driving superior operating performance. The model is spreading beyond IT as a range of companies test ways to monetize underutilized assets by transforming them into services, which benefits corporate buyers that can side step owning the asset itself. We take great pride in working with business that have the ability to scale and shape services that were otherwise once local and isolated continues to spread.
See our Insights on the Industry and its Sectors
See What Clients Have To Say...
Gee and the AGC team were instrumental in generating a successful outcome in our sale process. Gee helped us craft a clear and articulate story to differentiate the business in a competitive and crowded marketplace. AGC leveraged its extensive industry relationships to get us in front of key decision makers at the universe of relevant buyers and created the perfect level of competitive tension to maximize interest from each interested party. Gee ultimately brought Sprout Social to the table and helped drive an excellent outcome for all stakeholders. It is clear why AGC is today one of the top technology M&A advisors in the country.
Michael Wasyluka, CEO, Simply Measured
AGC Partners acted as sole financial advisor to Simply Measured in December, 2017
Although we were confident from the start that AGC was the right fit for our company, our experience with their organization surpassed our expectations. Ben, Ale and John worked extremely hard in every step of the process, and they always put the client's best interest in front of AGC's compensation. Weekday or weekend, day or night, the AGC team was always available, and they never compromised on quality for any deliverable, even when time was of the essence. As hard working, competent and ethical advisors, I would be pleased to work with AGC on any future transaction.
Kevin North, President & CEO, Terapeak
AGC Partners acted as sole financial advisor to Terapeak in December, 2017
We are delighted with the awesomeness of Fred, Ale and Michaela from AGC. Fred's ability to simplify complex issues and align parties, as well as coach us on strategy were key to our success. We were one united team and AGC worked relentlessly to get a fantastic outcome that exceeded our initial expectations. Deals are complex, but I took great comfort in knowing Fred and his team were in my court. We started this journey as a client, we end as family.
Tim Upton, CEO, TITUS
AGC Partners acted as sole financial advisor to TITUS in December, 2017