PE-backed Agility Recovery buys Preparis

General News

Summary

Agility Recovery , a portfolio company of LLR Partners , has acquired Atlanta-based Preparis , a provider of emergency notification solutions. Agility Recovery is a portfolio company of private equity firm LLR Partners and closed on the acquisition of Preparis on February 25, 2019. The acquisition of Preparis helps ensure our mutual customers have access to the most diverse and capable suite of business continuity solutions available in the market, now all under one roof,” said Jon Bahl, CEO of Agility Recovery. Joining the Agility Recovery executive team as Chief Operations Officer, former Preparis CEO Charles Pearson added, “The merging of Agility Recovery’s physical and data recovery capabilities with the strength and scope of Preparis’ emergency notification, planning and incident management platforms will only enhance the value of our solutions to our mutual customers and the market as a whole.” Recent industry research has indicated a strong desire from organizations to streamline their business continuity programs and work with partners who can offer expanded capabilities.

Classifications

industries
EduTech - institutions
applications
Business Planning / Continuity

AskAI Classifications

Labels
Business Continuity Software Cloud Software SaaS

Linked Companies

Preparis
$1M to $5M