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.

  • The Power of the Open Platform The Power of the Open Platform

    In this interview, sponsored by OpenEye, Eric Fullerton addresses the specific advantages of an open platform solution. He also talks how an end user can streamline operations and reduce cybersecurity risk in the cloud. Reducing the burden on IT will make it easier to manage and maintain video deployments and integrations of all sizes.

Digital Edition

  • Security Today Magazine - July August 2022

    July / August 2022

    Featuring:

    • Place Your Bets
    • Landmark Security
    • Adding Audio to ROI Programs
    • Protecting the Infrastructure
    • Unique Hiring Demands

    View This Issue

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