AGC Partners Advises Axerra on its Sale to Dragon Wave

Transaction Details

Axerra Networks, Inc., a leader in pseudowire technology and solutions for mobile backhaul, has been sold to DragonWave, Inc., a provider of packet microwave radio systems that has gained prominence in recent years as a supplier to Clearwire. This is DragonWave’s first acquisition, and the transaction substantially strengthens the company’s product offering while diversifying its customer base, adding a Tier-1 US MSO.  The combined product portfolio will result in a robust converged solution enabling wireless operators to carry both TDM and packet-based traffic over both microwave and fiber backhaul networks.   With a team led by Rudy Minar, America’s Growth Capital acted as sole financial advisor to Axerra.

Testimonial

We are very grateful to Rudy and the AGC team for their professionalism in managing a process that went beyond the obvious partners. We appreciated their hard work in driving toward a successful outcome.