AGC Partners Advises AirPatrol on its Sale to Sysorex

Transaction Details

AGC Partners is pleased to announce that its client, AirPatrol, a developer of location-based cybersecurity and commercial services for mobile devices, was acquired by Sysorex for $30 million -- consisting of $10 million in stock, $10 million in cash, plus up to an additional $10 million in earnout. With a team led by Russ Workman, AGC Partners served as sole financial advisor to AirPatrol.

AGC Partners Advises AirPatrol on its Sale to Sysorex

Testimonial

Russ and the AGC team worked tirelessly as our trusted advisor to deliver a superior outcome to AirPatrol's employees and shareholders. Russ was instrumental in quarterbacking a complex and challenging deal to a successful completion, and Sysorex will provide the perfect home to leverage AirPatrol's mobile and cybersecurity expertise going forward. I would strongly recommend AGC as an M&A advisor.

Cleve Adams, CEO, AirPatrol

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