AGC Partners Advises Obopay on its Sale to OBP Investments

AGC Partners is pleased to announce that its client, Obopay, Inc., a pioneer in mobile payment services, has been sold to OBP Investments.  The transaction provides Obopay with additional resources and access to operating professionals with significant expertise in the emerging markets.  With a team led by Tim Harned, AGC Partners acted as sole financial advisor to Obopay.

I was very pleased with our decision to bring Tim Harned and AGC onboard. Tim’s expertise and connections in mobile payments and his extraordinary commitment to us proved that he was the right partner for Obopay. I look forward to our next transaction together and am pleased to provide my strongest recommendation. Deepak Chandnani, CEO of Obopay

AGC acted as sole financial advisor to Obopay in December, 2012