TA Associates Makes Growth Investment in Riskonnect; Thoma Bravo Retains Stake

Riskonnect Acquires Castellan Solutions

July 8, 2022

Cloud & SaaS

Riskonnect, a TA Associates- and Thoma Bravo-backed integrated risk management software provider, has acquired Castellan Solutions, a global provider of business continuity and operational resilience software, consulting and managed services. The deal brings Castellan’s ~130 employees and 750+ customers into Riskonnect, expanding Riskonnect’s IRM platform with business continuity and resilience capabilities; Resurgens Technology Partners sold Castellan and will remain an investor in the combined company.

TA Associates Makes Growth Investment in KatRisk

November 3, 2023

Software

KatRisk, a catastrophe modeling software company, received a strategic growth investment from private equity firm TA Associates to accelerate product development and global expansion. The investment will support enhancements to KatRisk's SpatialKat and SoloKat platforms, expand peril coverage and geographic reach, and provide resources for continued innovation.

Riskonnect Acquires Ventiv Technology

January 11, 2024

Cloud & SaaS

Riskonnect has acquired Ventiv Technology to combine the two companies' risk, insurance and underwriting technology solutions into a unified integrated risk management platform. The deal, supported by Riskonnect's majority investor TA Associates, expands product capabilities (analytics, claims, billing, policy administration) and aims to accelerate global growth and customer value for the combined 2,500+ customers.

Riskonnect Acquires Camms

June 24, 2024

Cloud & SaaS

Riskonnect, a TA Associates-backed provider of integrated risk management software, has acquired Camms, a cloud-based governance, risk and compliance (GRC) software provider. The deal expands Riskonnect’s GRC capabilities and strengthens its presence across Australia, New Zealand and the broader Asia Pacific region.

Riskonnect Acquires Xactium

March 16, 2020

Cloud & SaaS

Riskonnect, the Atlanta-based integrated risk management software provider, has acquired Xactium, a UK-based cloud GRC (governance, risk and compliance) software vendor headquartered in Sheffield. The acquisition expands Riskonnect’s financial‑services and project risk management capabilities and adds Xactium’s AI and analytics-driven risk intelligence to accelerate global growth.

Riskonnect Acquires Sword GRC

February 28, 2022

Software

Riskonnect, the Atlanta-based integrated risk management software provider, has acquired UK-based Sword GRC from Sword Group to incorporate project risk capabilities into its IRM platform. The deal expands Riskonnect's product capabilities and geographic reach, bringing Sword GRC's Active Risk Manager and customer base into Riskonnect's integrated offering.