AGC Partners is pleased to announce that its client, Criteria Corp, the premier provider of predictive analytics solutions for employment, has received a $56 million strategic investment from Sumeru Equity Partners. This partnership will enable Criteria to further its accelerating market penetration of proprietary aptitude, personality and skill tests – all of which provide relevant and objective data to HR departments across a wide variety of industries in making more informed hiring decisions. With a team led by Jon Guido, AGC Partners acted as sole financial advisor to Criteria Corp.
"Jon and the AGC team did a great job of understanding the Criteria story and identifying the decision makers at the financial partners whose goals and philosophy were well aligned with ours. AGC was instrumental in helping us navigate this process, selecting Sumeru Equity Partners, negotiating terms, and ultimately bringing us to our successful closing."