AGC Partners is pleased to announce that its client, Distil Networks, the global leader in Bot Management, has signed a definitive agreement to be acquired by Imperva. Post-acquisition, Distil Networks will operate as a wholly-owned subsidiary of Imperva. With a team led by Maria Lewis Kussmaul and Eric Davis, AGC Partners acted as financial advisor to Distil Networks. The acquisition of Distil Networks reinforces Imperva’s market leadership in the application security segment and furthers the company’s mission to protect business-critical data and applications no matter where or how they are deployed. With this capability, customers can expect fast deployment, accurate detection with no added latency, extremely low false positives, and visibility, management, and analytics providing a holistic view across all attack vectors targeting the application.
The AGC team exceeded expectations and was a valuable partner throughout every stage of the process. AGC's deep understanding of the cybersecurity industry, strong relationships with strategic players, and breadth of M&A experience were crucial factors in achieving such a successful result. We would not have been able to achieve the outcome we did if it were not for the hands-on, partner-led process Maria, Eric, and their team provided to our team every day.Tiffany Olson Kleemann, CEO, Distil Networks
AGC Partners acted as sole financial advisor to Distil Networks in June, 2019