Crisis Management Software Acquisition: Infinite Blue Buys Groupdolists
Backup and disaster recovery software firm Infinite Blue has acquired Groupdolists, an incident and crisis management response platform. The deal provides customers with business continuity, disaster recovery planning and crisis management response capabilities, the buyer said. Financial terms of the deal were not disclosed.
This is technology M&A deal number 107 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals for 2022, 2021, and 2020 listed here.
Infinite Blue Acquires Groupdolists
Infinite Blue is a software solutions provider that helps enterprise customers with threat intelligence via a low-code platform so they can better plan for and recover from disruptions like fires, natural disasters, security breaches, global pandemics and other scenarios, according to the company.
Meanwhile, Groupdolists develops BC in the Cloud, an incident and crisis management response platform that helps customers plan, prepare, test, manage, and notify teams how to respond to any potential business disruption.
Groupdolists automatically documents all information and activity, which aids both response management and after-action planning, the company claims. More than 500,000 users leverage the software, the firm also states.
Infinite Blue Buys Groupdolists: Executive Insight
Frank Shultz, chairman and CEO of Infinite Blue commented on the acquisition:
“We are very excited to welcome the Groupdolists team, led by Michael Sher, to the Infinite Blue crew. Mike and his team are 20-year veterans in our industry. Their expertise, relationships, innovative track records, and forward thinking will be invaluable and provide a distinct competitive advantage as BC in the Cloud continues to evolve. This acquisition will further empower our customers globally to be more resilient as we help them prepare for, respond to, and recover from all types of expected and unexpected disruptions.”
Groupdolists CEO Michael Sher added:
“Since day one, we have developed Groupdolists with the idea that a larger organization would eventually want to acquire us and leverage our domain expertise within a much larger platform. Frank is visionary, as is his executive leadership team, and we’re excited to work closely to leverage our expertise, relationships and experience to fulfill Infinite Blue’s vision.”