AGC Partners is pleased to announce that its client, SecureAuth, a portfolio company of K1 Investment Management, has divested its Core Security business unit to HelpSystems, a portfolio company of HGGC. These assets are industry-leading solutions for identity governance and administration, penetration testing, threat detection, and vulnerability management. With a team led by Eric Davis, AGC Partners acted as sole financial advisor to SecureAuth.
"The AGC team exceeded expectations at every stage of this process and were able to generate multiple competitive proposals for the business. AGC's understanding of the industry and their knowledge of the key players were crucial factors in achieving such a successful result. We look forward to working with Eric and the AGC team in the future."