AGC Partners is pleased to announce that its client, OutStart, Inc., a leading provider of Software as a Service (SaaS) e-learning solutions and services, has been acquired by Kenexa Corporation (NYSE:KNXA), a global provider of human resources business solutions. This acquisition will expand Kenexa’s reach into the e-learning market and enable Kenexa to provide a broader and deeper suite of talent management solutions. With a team led by Jeff Becker, AGC Partners acted as sole financial advisor to OutStart.
Jeff played the roles of both advisor and psychologist, and his relationships and knowledge of the market proved instrumental in maximizing the outcome for OutStart and our investors. We are excited to be joining a Kenexa team that views us as a strategic part of their future.Massood Zarrabian, CEO of OutStart
AGC Partners acted as sole financial advisor to OutStart in February, 2012