TORONTO--(BUSINESS WIRE)--Following the voluntary administration process of Wynyard Group Limited of Auckland, New Zealand, Resolver finalizes the acquisition of Wynyard’s Risk Management suite of products. Resolver has greatly expanded its customer base and global reach with the acquisition of the Wynyard Risk Management (WRM), Kairos Risk Management and Methodware Enterprise Risk Assessor (ERA) applications. Over 150 customers using the WRM products will be provided continual support and long-term product roadmap through Resolver.
Resolver has re-engaged a significant portion of the original WRM team including Bob Adderley, Scott James, Clint Walker and Adam Belfield to provide uninterrupted support of these platforms. “It is our privilege to provide a long-term home for the Wynyard WRM customers and employees,” states Will Anderson, CEO of Resolver Inc.
Continued Product Support and Enhancement
Resolver will
continue to offer customers on the WRM, Kairos, and ERA applications
with continual product support including existing product enhancement
with the WRM product. Resolver is committed to building industry leading
applications with best-in-class capabilities for risk assessment, risk
management, audit, and compliance, incident management, security
operations center management, and investigations. “We are committed to
the continued development of WRM to support the needs of existing
customers. At the same time, we have been releasing our next generation
technology to provide long-term direction for all Resolver customers,”
states Anderson.
Strategic Direction
By acquiring the WRM platform and its
predecessors, Resolver will increase its global footprint around the
world. The acquisition also adds more than 150 customers to the Resolver
family representing many marquee brands, and extends Resolver’s physical
presence in the United Kingdom, as well in the Oceania region through a
New Zealand office. The acquisition will also mean an extension of
Resolver’s application hosting presence with servers in the United
States, Canada, United Kingdom, Europe, Australia, and New Zealand. With
the new employees added, Resolver increases its already impressive
domain knowledge of the Risk Management space.
Acquisition Financing
Resolver has funded the acquisition
through its existing cash and credit facilities.
About Resolver
Resolver protects what matters™. Our
Integrated Risk Management platform supports the response and recovery
process when an unplanned event does occur; including Incident
Reporting, Incident Response and Investigations. We also help plan and
prepare your organization to limit the likeliness or impact of events
from occurring; this includes Risk Assessment, Enterprise Risk
Management, Internal Control, Internal Audit and Compliance. Resolver’s
team is comprised of security, risk and compliance experts supporting
over 1,000 customers across 100 countries with offices in North America,
United Kingdom, New Zealand, and the Middle East.
