AGC Partners is pleased to announce that its client, Auction Mobility, the leading provider of white-label auction software, has been acquired by Auction Technology Group, a portfolio company of TA Associates. With a team led by Ben Howe, AGC Partners acted as sole financial advisor to Auction Mobility. Auction Mobility will join Proxibid, BidSpotter, and Wavebid as ATG's brands in North America and will enable ATG to serve the auction market in new and innovative ways. To view the announcement by ATG, click here.
"The team at AGC was instrumental in driving a successful transaction through an intense process to achieve an outstanding outcome that the founders and management are very proud of. Their understanding of the industry and their knowledge of the key players were crucial factors in achieving such a successful result. I would strongly recommend AGC as a great Tech Bank and we look forward to working with Ben and team in the future."