AGC Partners Advises Instaclustr on Its Acquisition by NetApp

Transaction Details

AGC Partners is pleased to announce that its client, Instaclustr, a leading platform provider of fully managed open-source database, pipeline and workflow applications delivered as a service, has been acquired by NetApp (NAS:NTAP). The acquisition provides NetApp expertise deploying and operating open-source applications, strengthening its best-of-suite platform for CloudOps. With a team led by Ben Howe and Michael Howe, AGC Partners acted as lead financial advisor to Instaclustr. Blackpeak Capital and Morgan Stanley served as co-advisors.

To view the announcement by NetApp, click here.


The AGC team was an awesome partner guiding us through our transaction. Their deep understanding of the open source market and strong relationships with both investors and buyers facilitated exceptional market engagement and results. The whole team worked tirelessly on the transaction details bringing their deep experience to bear in collaboration with our entire management team to deliver a fantastic outcome for our Company.

To the AGC team – a big and sincere thank you for everything. What a process and journey, it was awesome to work with you guys. Throughout it all, I kept thinking that AGC's team is very similar to Instaclustr in many ways – we just rip it and get it done!

This was an exceptional outcome for Level Equity, our co-investors, Instaclustr's founders, management team and employees and for the new owners. The path to get here was animated by AGC's unique ability to manage a dynamic process across a long period and several continents. Deals of this scale and complexity necessitate both strong tactical execution and sage counsel on nuanced issues – AGC provided both!