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Fenix24 acquires appNovi for cyber enhancement

Apr 25, 2025•8 months ago

Acquiring Company

Fenix24

Acquired Company

appNovi

ChattanoogaSanta RosaConsultingInformation TechnologyCyber SecuritySoftware

Description

Fenix24 has announced the acquisition of appNovi, strengthening its capabilities in cyber resiliency with advanced network visualization and asset mapping. This acquisition complements Fenix24's recent acquisition of vArmour and aims to enhance recovery services and improve organizational resilience against cyber events. The integration of appNovi's technology will provide security teams with better insights and faster decision-making abilities.

Company Information

Company

Fenix24

Location

1513 COWART STREET

Chattanooga, Tennessee, United States

About

Fenix24, part of the Conversant Group family of companies, is raising the bar for post-incident disaster recovery and restoration with a fast, thorough and professional operation. Our battle-tested professionals execute the most intelligent and strategic recovery playbook for minimal cost of incident response and business interruption. Fenix24 is the army you need to push out the criminals that have compromised your environment and restore your company’s IT operations.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed