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Recovery Point Systems Announces Acquisition Of Geminare

Nov 01, 2021•about 4 years ago

Acquiring Company

Recovery Point

Acquired Company

Geminare

Data And AnalyticsSoftwareData And AnalyticsSoftware

Description

Recovery Point Systems, an Abry Partners company and a leader in cloud-based business resilience services based in Germantown, Md., acquired Geminare, a global resiliency, application and data protection innovator headquartered in Toronto, Canada. Geminare, one of the first industry innovators in orchestration and automation, brings maturity, capability and reliability across virtually all disaster recovery, business continuity and DRaaS technologies with its globally recognized Resiliency Management Platform (RMP).

Company Information

Company

Recovery Point

About

Recovery Point Systems is a nationwide leader in cloud-based business resilience services. Serving commercial organizations ranging from the Fortune 500 to SMBs, as well as Federal, state and local governments, Recovery Point delivers a comprehensive suite of IT resiliency and disaster recovery solutions for heterogeneous environments ranging from mainframe to desktops. About Geminare Geminare has been a recognized leader in delivering Resiliency Orchestration capabilities for over 14 years, from business process resiliency and application continuity through to innovative machine learning that detects anomalies and malware that could impact your resiliency footprint. Through its award-winning and multi-patented platform, Geminare has helped advance enterprise customers and Service Providers with its Resiliency Management Platform, identified as a pivotal foundation for leading Service Providers. The Geminare Platform is considered to be the most mature, independent Resiliency Platform in the market today.

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