AGC Partners Advises Panzura on Its Growth Financing and Debt Facility
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.
AGC's ability to jump into our turnaround story and introduce us to the right partners was amazing. Their team was smart, creative, responsive and dedicated throughout both the equity and debt fund raising processes. We highly recommend AGC and look forward to working with them again in the future.