Portfolio Company News, Press Releases

Resurgens Technology Partners Acquires Assurance Business Continuity Management Software from Sungard Availability Services

Atlanta & Wayne, Pa. — (Business Wire)

Resurgens Technology Partners has acquired the Assurance Business Continuity Management Planning (BCMP) software business from Sungard Availability Services (Sungard AS) in a transaction that positions Assurance for further growth and expansion of its market leadership position.

“Assurance is already well positioned with over 650 global customers using its SaaS platform in a wide-open BCMP market,” said Adi Filipovic, Principal and Co-Founder of Resurgens. “As a standalone entity, coupled with our focus and expertise in developing software businesses, Assurance will further establish itself as the go-to solution for lowering risk, improving resilience and better managing business continuity.” The new company will retain the name Assurance Software.

Assurance helps businesses develop an end-to-end business continuity program, including business impact analysis, incident management, disaster recovery planning and reporting and emergency notification management. The Assurance Continuity Management offering, whose foundation relies on more than a decade of collaborating with customers on some of the most complex and demanding business continuity challenges across the globe, has been completely replatformed to become a state-of-the-art, multi-tenant SaaS solution utilized by the Assurance Software customer community. The new SaaS platform combined with dozens of additional product updates over the last several years, allows users to better execute disaster recovery plans and communicate among team members.

“Assurance is as focused as ever on driving business continuity through increased engagement, greater effectiveness and more comprehensive awareness,” said Craig Potts, newly appointed CEO of Assurance Software. “The transition will be seamless for customers, and will allow us to focus on further enhancing the software and services offerings to meet users’ needs.”

The same talent that has been continually improving and refining Assurance Software will continue to do so. Customers will retain their current points of contact to ensure a smooth transition. Assurance’s dedicated sales and marketing team will continue to propel the company’s growth, with Resurgens Technology Partners supporting those efforts.

“Resurgens’ software specialty is the right fit to help the Assurance team build on its successes to date,” said Andrew A. Stern, Chief Executive Officer of Sungard AS. “While we’ve continued to support the team’s investments to better serve our software customers, the focus of our investments is on partnering with our customers to transform their production and recovery IT environments for business resiliency.”

Sungard AS was represented by JMP Securities LLC.

Back to News