Disaster recovery solutions provider Rentsys Recovery Services has acquired business continuity, risk management, crisis management and disaster recovery solutions provider EverGreen Data Continuity Inc. Terms of the deal were not disclosed.
The acquisition expands Rentsys' offerings to include continuity planning software and professional consulting services. As a result, it can now provide customers with a true beginning-to-end solution designed to develop, test and implement business continuity plans.
Banks, credit unions, mortgage lenders and enterprises use Rentsys' solutions, while EverGreen serves a wider range of industries, including financial services, insurance, healthcare and education.
"Incorporating software into our current suite of recovery services was a natural progression for Rentsys, as developing and supporting software products is the core business of our sister company, Reynolds and Reynolds, that we share both talent and resources with," said Walt Thomasson, managing director of Rentsys Recovery Services.
"This acquisition enables Rentsys to provide our customers with an additional set of automated business continuity capabilities that fully prepare users for business recovery planning, audits, and risk and crisis management," he added.
Rentsys recently announced that it now provides more than 1,900 contracted locations with recovery services, with banking, financial and insurance providers making up the bulk of its clients.