- Augments Crisis24's existing proprietary suite of SaaS-based
risk management solutions, adding deep mass communication
capabilities
- Enhances risk management innovation capabilities, with
product development and software engineering talent
- Customers to benefit from a more integrated critical event
management and mass communication offering
MONTREAL, July 17,
2024 /PRNewswire/ - Garda World Security
Corporation ("GardaWorld" or "the Company"), an
entrepreneurial-minded corporation focused on building global
champions in security services, AI-enabled security technology,
integrated risk management and cash automation solutions announced
today that it has entered into an agreement to acquire the business
of OnSolve, LLC ("OnSolve"), a leading 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 join OnSolve with its Crisis24 business, a
global AI-enhanced platform in integrated risk management.
Crisis24, a pioneer in synergizing human and AI-driven analysis and
expertise to produce relevant, hyperlocal and real-time risk
management solutions, will integrate with the OnSolve Platform,
boosting its comprehensive ability to anticipate, prepare for, and
respond to a wide range of risks and critical events, making
customer organizations more resilient and secure.
"Our Crisis24 business is renowned for empowering prominent
organizations, disruptive brands, and influential individuals to
operate with confidence. As companies and organizations navigate an
increasingly complex world, Crisis24 stands out as a global leader
in comprehensive risk management and protection. Our
industry-leading SaaS platforms provide organizational resilience
to the world's top organizations, enabling them to thrive during
disruptive events," said Stephan Crétier, Founder, President and
CEO of GardaWorld.
"Along with Crisis24's existing critical event management
platforms, TopoONE by Crisis24 and Crisis24 Horizon, the addition
of the OnSolve Platform will enable Crisis24 to offer the most
advanced and comprehensive risk management services in the
industry, ensuring greater resilience and security for
organizations and businesses worldwide," continued Crétier.
"Joining forces with Crisis24 is a natural fit for OnSolve.
Together, we will continue to empower security and resilience
across the world. Crisis24's global footprint, particularly with
the world's most influential businesses and people, and their deep
understanding of the risk management space, ensures that our teams
will continue to innovate on our award-winning technology platform
and deliver exceptional value for our customers while developing
new segments and markets," said Mark
Herrington, CEO of OnSolve.
OnSolve has approximately 400 employees across the United States, United Kingdom and India. The transaction is expected to close
before the end of the third quarter of fiscal 2025, subject to
customary closing conditions.
About Garda World Security Corporation
GardaWorld is an entrepreneurial-minded corporation that builds
global champions in security services, AI-enabled security
technologies, integrated risk management and cash automation
solutions, employing more than 132,000 highly skilled and dedicated
professionals across the globe. Driven by a relentless
entrepreneurial culture and core values of integrity, vigilance,
trust and respect, GardaWorld's global champions offer
sophisticated, tailored security and technology solutions through
high-touch partnerships and consistently superior service delivery.
With a deep understanding that security is critical to the
organizational resilience of business operations and the safety of
communities, GardaWorld is committed to impeccable governance,
professional care and the well-being of everyone. Thanks to a
well-earned reputation, GardaWorld businesses are long-standing
security partners of choice to some of the most prominent brands,
influential individuals, Fortune 500 corporations and governments.
For more information, visit gardaworld.com.
About Crisis24
Crisis24, a global, AI-enhanced platform in travel risk management,
mass communications, critical event management, crisis-security
consulting, and personal protection solutions including a global
medical concierge practice, allows prominent organizations,
disruptive brands and influential people to operate with confidence
in an uncertain world. Backed by proprietary AI-enabled SaaS
technologies, advanced Global Operations Centers, and the largest
team of private sector intelligence analysts in the world, we
deliver localized insights and global perspectives alongside
medical, security, crisis response and consultancy services as a
preferred partner for Fortune 500 corporations. With a uniquely
integrated and scalable platform, Crisis24 has an unrivaled
financial profile that enables greater investment in technology
than industry peers. For more information, visit
crisis24.com.
About OnSolve
OnSolve® is a leading critical event management provider that
proactively mitigates physical threats, allowing organizations to
remain agile when a crisis strikes. Using the most trusted
expertise and reliable AI-powered risk intelligence, critical
communications and incident management technology, the OnSolve
Platform enables enterprises, SMB organizations and all levels of
government to detect, anticipate and mitigate physical threats that
impact their people, places and property. With billions of alerts
sent annually and proven support for both the public and private
sectors, OnSolve is used by thousands of entities to save lives,
protect communities, safeguard critical infrastructure and enable
agility for the organizations that power our economy.
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SOURCE GardaWorld Security Corporation