Mitratech Acquires Prevalent and Preparis

October 2, 2024

Mitratech has acquired two risk- and resilience-focused software companies — Prevalent, a third-party risk management leader, and Preparis, a business continuity and incident-response platform — expanding its enterprise risk and compliance platform. The company acquired Prevalent from Insight Partners and Preparis (previously backed by LLR Partners) as part of a capability expansion to connect AI-enabled TPRM, business continuity planning, and incident management.

Buyers
Mitratech
Targets
Prevalent, Preparis
Sellers
Insight Partners, LLR Partners
Industry
Software
Location
United States
Transaction Type
Buyout

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