Shea & Company served as financial advisor to Castellan and Resurgens Technology Partners
Shea & Company Advises Castellan on its Acquisition by Riskonnect
Castellan Profile
- Castellan is a leading provider of Resilience Management and Business Continuity Management solutions, driving organizational readiness and response to minimize the impact of disruptions threatening businesses
- Castellan provides a SaaS-based platform and expert advisory and managed services to over 750 customers, enabling businesses to prepare adequately for and respond effectively to business disruption
- Castellan partners with clients to establish a clear vision, drive real results and provide ongoing support from their community of resilience experts
- Castellan is headquartered in Audubon, PA
Riskonnect Profile
- Backed by TA Associates and Thoma Bravo, Riskonnect is the leading integrated risk management software solution provider, empowering organizations with the ability to anticipate, manage and respond in real-time to strategic and operational risks across the extended enterprise
- Serving more than 1,300 customers across six continents, Riskonnect offers a unique risk-correlation technology to gain previously unattainable insights that deliver better business outcomes
- Riskonnect was founded in 2007 and is headquartered in Kennesaw, GA
Resurgens Technology Partners Profile
- Resurgens is a tech-focused private equity firm investing in North American and select European lower middle-market application and IT infrastructure software businesses
- Resurgens’ growing team offers a diversity of investing, operating and talent management experience, applying an active and engaged value creation approach with each portfolio company
- Resurgens was founded in 2017 and is headquartered in Atlanta, GA, with additional professionals located in Austin, London and Silicon Valley
“
Castellan’s emphasis on business continuity and resilience is a natural fit with Riskonnect’s goal of giving customers complete visibility into risk exposure and transforming the way they manage and respond to risk. The addition of Castellan’s deep expertise and innovative software and services will enable Riskonnect to deliver unmatched value to our customers, expand our consulting and managed service offerings, and continue to grow globally.”
Jim Wetekamp
CEO, Riskonnect
“
Riskonnect shares our relentless commitment to customer success and equipping risk and compliance teams with the best tools to protect their organizations and successfully recover from disruptions. Our customers will gain access to an unparalleled integrated risk management solution through this acquisition, as well as to a tremendous community of peers and partners that comes with a globally recognized leader such as Riskonnect
Jon Ezrine
CEO, Castellan
“
Integrated risk management is increasingly becoming mission-critical to all types and sizes of businesses, and Castellan’s product suite enables customers to build organizational readiness and response capabilities to minimize disruptions. We are very excited on behalf of Castellan to become a part of Riskonnect as they continue to expand globally and invest in new opportunities
Fred Sturgis
Managing Director, Resurgens
Transaction Notes
- Castellan’s acquisition by Riskonnect was announced on July 8, 2022; financial terms were not disclosed
- Shea & Company served as financial advisor to Castellan and Resurgens Technology Partners