BMC Software to Acquire Model9

AGC Partners is pleased to announce that our Israeli client, Model9, a leader in mainframe data migration, has agreed to be acquired by BMC Software, backed by KKR. Model9 brings the power of the cloud to the mainframe and enhances the BMC AMI portfolio of solutions that help modernize companies' mainframe assets so that they can innovate faster, maintain constant data availability, and protect against cyber threats. This acquisition will provide customers with the capability to store and share mainframe data across the hybrid IT landscape, including public and private clouds. Customers can manage and operate secondary storage in a consistent way and migrate mainframe data to the cloud reliably, efficiently, and securely to enable new use cases, increased business agility, and continuous cost optimization. With a banking team led by Ben Howe and Sean Tucker, AGC Partners acted as the sole financial advisor to Model9.