Security

Consolidation in the Critical Event Management & Mass Notification Software Market

This Research Note examines the flurry of consolidation activity in the critical event management software market announced in July 2024. We are seeing both corporate buyers in the physical security sector and private equity firms augmenting their portfolios with software that helps businesses anticipate, prepare for and efficiently respond to incidents. The latest transaction announced this week is Garda World’s agreement to acquire OnSolve LLC, a US provider of critical event management, including risk intelligence, mass communications, incident management, and travel risk management solutions to enterprise customers, small and mid-market businesses and government agencies. GardaWorld expects to integrate OnSolve with its Crisis24 business, an integrated risk management platform, boosting its ability to anticipate, prepare for, and respond to a wide range of risks and critical events, making customer organizations more resilient and secure. OnSolve has approximately 400 employees across the United States, United Kingdom and India. The transaction is expected to close before the end […]

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