America’s Growth Capital is pleased to announce that its client, Netcordia, Inc., a leading independent provider of Network Configuration & Change Management (NCCM) tools, has been sold to Infoblox Inc., a provider of solutions that integrate, distribute, and manage core network services. Terms of the transaction were not disclosed. With this acquisition, Infoblox becomes a leader in each of its target markets, gains sufficient global scale to compete with larger vendors and adds world-class management and engineering expertise that will be critical in positioning Infoblox for continued success in both the DDI and NCCM markets. With a team led by Fred Joseph, America’s Growth Capital acted as sole financial advisor to Netcordia.
Fred and AGC managed a seamless process that allowed us to leverage multiple indications of interest for our company into an excellent outcome for all of our stakeholders. Their knowledge of the decision-making processes inside the buyers’ organizations and understanding of how our technology would mesh with existing products—as well as their calm professionalism throughout a process with a lot of twists and turns—were critical in achieving these results. I hope that we get to work together again soon.Don Pyle, CEO of Netcordia
AGC acted as sole financial advisor to Netcordia in May, 2010