AGC Partners is pleased to announce that its client, LabArchives, a leading ELN and lab management SaaS platform, has been acquired by Insightful Science, a portfolio company of Insight Partners. With this acquisition, the combined company forms the world's largest cloud-based scientific R&D platform with more than 2 million users and 5,000 customers worldwide. AGC Partners acted as the sole financial advisor to LabArchives. To view the announcement by Insightful Science, click here.
"The AGC team was instrumental in driving a premium outcome for LabArchives that exceeded shareholder expectations. Their depth of experience in the scientific software ecosystem is unparalleled, and they truly developed a masterful understanding of our business and positioned the story to maximize success. AGC's around-the-clock effort and understanding of running a process enabled us to drive a substantial increase in value over the initial offer at the table."