Mergers & Acquisitions, June 18, 2024
Riskonnect, an integrated risk management (IRM) services company and backed by TA Associates, has acquired Camms, a provider of enterprise cloud-based software for governance, risk and compliance (GRC).
Riskonnect’s acquisition of Camms looks to help the provider to deliver improved GRC functionality to Riskonnect’s customers, including IT risk and strategy. Camms customers will gain access to a broader array of risk and compliance services, including Riskonnect’s RMIS and Business Continuity & Resilience Solutions, for an integrated view of risk and compliance. The acquisition aims to improve value for over 2,500 combined customers globally.
“Riskonnect set out on a mission years ago to help organizations change the way they perceive, manage, and respond to risk,” states Jim Wetekamp, CEO of Riskonnect. “Camms shares in this mission and brings cutting-edge solutions that will enable Riskonnect to broaden its portfolio and continue to strategically innovate to meet customers’ evolving needs and support them on their integrated risk management journey.
Read the full article in Mergers & Acquisitions. >>
