Fairmount has worked with AGI as strategic and financial advisor for over two decades and served as financial advisor on the pending transaction.
Key Highlights
- Ansys to acquire Analytical Graphics, Inc., a premier provider of mission-driven simulation, modeling, testing and analysis software for aerospace, defense, telecommunication and intelligence applications
- The acquisition will expand the Ansys portfolio to enable users to solve at the chip level all the way to an entire mission
- $700 million deal expected to close in Q4 2020 pending the receipt of regulatory clearance
