AGC Partners is pleased to announce that its client, Mnubo, a Montreal-based provider of purpose-built artificial intelligence (AI) and analytics infrastructure for the internet of things (IoT), has entered into a definitive agreement with Aspen Technology. With a team led by Jon Guido, AGC Partners acted as sole financial advisor to mnubo. The Mnubo technology will accelerate the realization of AspenTech's vision for the next generation of asset optimization solutions that combine deep process expertise with AI and machine learning. To view the announcement by Aspen Technology, click here.
"Jon and his team's experience were invaluable in helping us navigate such a high stakes transaction. For a private VC-backed company like Mnubo, getting acquired by a NASDAQ giant was quite an intimidating endeavour. Throughout the two-month intense process, Jon was always a few steps ahead of the game, advising the founding team on how to prepare and achieve the best outcome for all parties. It was the second time I deal with AGC for M&A transactions and would not hesitate to get them on board a third time!"