AGC Partners Advises LabArchives on Its Acquisition by Insightful Science
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. With a team led by Tristan Snyder and Mike Parker, AGC Partners acted as the sole financial advisor to LabArchives.
To view the announcement by Insightful Science, click here.
"Tristan, Mike, and the AGC team were 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. For our team with limited resources and M&A experience, 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. The relationships that Mike and Tristan have with leading PE and strategic acquirers, along with their strong negotiation skills, allowed us to leverage the competition and find a perfect home under the Insightful Science brand."