AGC Partners Advises Panzura on Its Growth Financing and Debt Facility
Transaction Details
AGC Partners is pleased to announce that its client, Panzura, a next-gen, hybrid multi-cloud data management platform, has received an $80M growth financing consisting of a $50M minority equity investment from Kayne Anderson and a $30M debt facility with CIBC Innovation Banking. These two financings will help accelerate Panzura’s growth through sales and marketing expansion and R&D development. With a team led by Ben Howe, Rob Buxton, and Greg Roth, AGC Partners acted as the sole financial advisor to Panzura.
To view the announcement by Panzura, click here.