PPM Acquired by Klass Software

PPM 2000 has been acquired by Klass Software (“Klass”), the acquisition group of Klass Capital, an enterprise software, growth equity fund headquartered in Toronto, Ontario.

Effective immediately, Will Anderson, CEO of Klass Software, is now the CEO of PPM. Elaine O’Sullivan and Brian McIlravey will continue with the company as President and Executive Vice-President, respectively.

“PPM‘s innovative incident management solutions are one of the cornerstones driving today’s new security models built on real-time analysis and incident prevention,” said Anderson. “With the strategic and financial backing of Klass, PPM will further improve on the successful growth that the company has experienced since its founding in the rapidly evolving professional security market.”

“As the founders of PPM pass the torch to the company’s new owners, it’s about strengthening PPM as a technology company,” said O’Sullivan. “We look forward to accelerating innovation, pursuing new markets, and delivering more incident management options to our clients.”

“Klass is a great fit for PPM, and the right company to take us to the next level,” said McIlravey. “We’re excited about a future focused on expanding PPM’s incident management portfolio with complimentary technology and services.”

The company will continue to operate as PPM, and their head office will remain in Edmonton, Canada.

  • How COVID-19 Has Revolutionized Aviation Security How COVID-19 Has Revolutionized Aviation Security

    In this episode of SecurPod, Ralph C. Jensen and Steve Karoly talk about the COVID-19 pandemic and the changes experienced in the aviation security vertical. The pandemic has changed society and our way of life. It has also brought about seismic changes.

Digital Edition

  • Security Today Magazine - April 2021

    April 2021

    Featuring:

    • Transforming Security
    • Driving COVID Adaptations
    • A Capitol Breach
    • Running the Gauntlet
    • On a Cloud of its Own

    View This Issue

  • Environmental Protection
  • Occupational Health & Safety
  • Infrastructure Solutions Group
  • Spaces4Learning
  • Campus Security & Life Safety