Assurance Software Inc, which is backed by Resurgens Technology Partners, has acquired Cleveland-based Avalution Consulting, a provider of business continuity solutions. No financial terms were disclosed.
Audubon, PA and Atlanta, GA – (April 28, 2020) – Assurance Software, Inc., the largest provider of business continuity management (“BCM”) software and services, announces the acquisition of Avalution Consulting, a leading provider of business continuity solutions. Today’s announcement follows the 2019 mergers between Assurance and ClearView Continuity, as well as Avalution and BC Management.
This acquisition provides customers and the BCM community with direct access to an unrivaled level of BCM expertise — spanning software, advisory consulting, staffing and data research. Serving more than 850 customers in 30 countries, this newly combined organization provides business continuity professionals the optimal partner for addressing all of their organizational resiliency needs.
“A business continuity capability is critical for any organization, ensuring an ability to maintain operations during disasters like COVID-19,” says Jon Ezrine, Chief Executive Officer of Assurance Software, Inc. “Our vision is to help businesses be prepared. Our combined experience will enable us to deliver the best software and advisory solutions, helping organizations successfully respond to and recover from any disruptions.”
Avalution, headquartered in Cleveland, OH, was co-founded by Brian Zawada and Robert Giffin in 2005. Avalution created the Business Continuity Operating System™ (BCOS), a methodology proven to drive greater BCM success and engagement, as well as Catalyst, an industry-leading business continuity software solution.
“In this new environment, we believe that an organization’s business continuity planning and execution capabilities will be among the highest priorities of both the C-suite and the Board of Directors,” said Fred Sturgis, Resurgens’ Managing Director and Co-Founder. “By providing the world-class advisory capabilities of Avalution, Assurance will offer a new depth of insight and expertise to address global organizational BCM needs. Resurgens’ conviction in the thesis and in the importance of Assurance’s mission encouraged us to close the acquisition in spite of the uncertainty created by the COVID-19 pandemic and its global health and economic impact.”
About Assurance Software, Inc.
Business disruptors including cyber-attacks, natural disasters and supply chain breakdowns are now commonplace, but it is difficult to measure readiness and ensure effective response. Leveraging decades of experience helping thousands of organizations, Assurance Software pairs expert guidance with purpose-built software to simplify preparation and ensure quick restoration of critical operations. Assurance customers have confidence that their people, revenue, and reputations are protected. Assurance is strategically and financially backed by Resurgens Technology Partners. For more information, visit www.assurancesoftware.com.
About Resurgens Technology Partners
Resurgens Technology Partners is an Atlanta-based private equity firm focused on investing its $200 million fund in North American-based, lower middle-market software and tech-enabled services businesses. The Resurgens’ founders and broader team includes professionals with significant investment and operating experience in the tech private equity industry. The firm is building an operating and portfolio management model that is differentiated in its market segment and will help drive value to its portfolio companies. To learn more about Resurgens and its investment strategy, please visit www.resurgenstech.com.