Riskonnect, a specialist in integrated risk management (IRM) solutions backed by private equity firm TA Associates, has acquired Castellan, a global provider of enterprise resilience management solutions.
The acquisition furthers Riskonnect’s IRM vision of bringing all aspects of Risk Under One Roof by seamlessly incorporating business continuity and operational resilience capabilities into its platform.
Castellan’s mission is to help organisations find the right balance of risk tolerance and resilience to protect their people, reputation, customers, and bottom line. The company serves more than 750 customers in over 30 countries and has 130 employees. The acquisition accelerates the growth objectives of both companies by delivering more risk and compliance offerings to customers.
Riskonnect customers will have access to Castellan’s leading business continuity and operational resilience solutions. Castellan customers will benefit from Riskonnect’s expanded IRM product capabilities, global support infrastructure, and deep multi-industry domain expertise.
