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.

Featured

  • Until We Meet Again

    A short three years ago we were all pondering whether to attend any tradeshows all thanks to COVID-19. Sorry to bring that nightmare up again, but it seems that little pandemic is in the rear-view mirror, and it’s time to meet again. Read Now

    • ISC West
  • Cyber Hygiene: What it Looks Like for IoT Devices

    Cyber Hygiene: What it Looks Like for IoT Devices

    For our second pillar about the Industrial Internet of Things (IIoT) Pillars of Security, we are going to discuss what cyber hygiene looks like for IoT devices. Read Now

  • ISC West Announces 2023 Keynote Series Speaker Lineup

    The International Security Conference (ISC), in collaboration with premier sponsor Security Industry Association (SIA), announced five of this year’s ISC West Keynote Series speakers. ISC West will kick off its annual conference on March 28 (SIA Education@ISC: March 28-30 | Exhibit Hall: March 29-31) at the Venetian Expo in Las Vegas, Nevada. Read Now

    • ISC West
  • Accelerating Security Modernization

    In recent years, the term “digital transformation” has been one of the most frequently used buzzwords across industries. On its most basic level, it refers to the reimagining of how an organization leverages its technology systems to improve business processes. Read Now

Featured Cybersecurity

New Products

  • Camden Door Controls CV-603 2 Door Bluetooth Access Control System

    Camden Door Controls CV-603 2 Door Bluetooth Access Control System

    his app-based system is designed to provide ‘best in class’ security of doors and gates, with up to 2,000 users. The intuitive programming app is Apple® and Android® compatible, with easy to use system set-up, user administration, downloadable audit trail and data back-up. 3

  • ABLOY IP54-rated Integrated Dust Cover

    ABLOY IP54-rated Integrated Dust Cover

    One of the things that keep security managers on high alert is the real possibility the security locks used to safeguard their properties may unexpectedly fail due to environmental conditions. 3

  • Genetec Security Center

    Genetec Security Center

    This major new release allows more system components to run in the cloud, reducing the gap between cloud and on-premises security systems. It also makes it easier to connect external systems and tap external data for use in dashboards, maps and investigations without relying on complex, specialized integrations. 3