Tag: Klass Software
PPM's new owner plans to acquire more security and compliance players
January 14, 2015Martha Entwistle
EDMONTON, Alberta—A Toronto-based equity fund, which purchased PPM in December, plans to use the incident management software provider as a platform to build a larger and more diverse company.“We have a lot of capital and we're interested in buying and will buy more around the physical security and compliance markets,” Will Anderson, newly named CEO of PPM, told Security Systems News.Klass Software, the acquisition group of Klass Capital, acquired PPM, based here, for an undisclosed...
Klass Software acquires PPM
December 11, 2014SSN Staff
EDMONTON, Alberta—Incident management software provider PPM 2000 announced Dec. 10 that it has been acquired by Klass Software, the acquisition group of Klass Capital, an enterprise software, growth equity fund based in Toronto. Klass Software CEO Will Anderson is now also the CEO of PPM. Elaine O'Sullivan and Brian McIlravey will continue with the company as president and EVP, respectively. “We look forward to accelerating innovation, pursuing new markets, and delivering more incident...