Kroll, which has a Top 250 MSSP business practice, has acquired risk intelligence technology provider Resolver for an undisclosed sum. In addition, Resolver Chief Executive Will Anderson will join Kroll's digital services leadership team.
This is technology M&A deal number 316 that MSSP Alert and sister site ChannelE2E have covered so far in 2022.
Resolver, based in Toronto, Ontario, Canada, has 265 employees listed on LinkedIn. The acquired business will help Kroll expand its risk management and security offerings, the buyer indicated.
A Closer Look at Resolver
Resolver offers cloud-based software to help organizations view cyber risks and find ways to improve their security posture, Kroll indicated. The company also provides risk intelligence solutions for the following teams:
- Corporate Security: Helps security and risk departments identify, manage and remediate incidents.
- Information Security: Ensures information security teams can implement best practices for protecting data and minimizing risk.
- Risk and Compliance: Empowers risk and compliance teams to develop and manage a government, risk and compliance program.
Over 1,000 global organizations use Resolver's software and solutions, the company indicated.
What Does the Resolver Acquisition Mean for Kroll?
Resolver ensures Kroll is better equipped than ever before to help organizations navigate "the increasingly complex, unpredictable and evolving world of risk and governance," Kroll CEO Jake Silverman said. It also helps Kroll enhance its Risk Intelligence platform.
Kroll has expansive M&A experience. The company has also acquired Security Compass Advisory, Redscan and RP Digital Security since January 2020.
Kroll provides managed security and other cyber risks solutions. It helps organizations mitigate more than 3,200 cyber incidents annually, the MSSP noted.