Riskonnect has purchased Castellan Solutions, a provider of resilience management services, from private equity firm Resurgens Technology Partners.

Riskonnect is a risk management software provider that empowers organizations to manage risks.

“With Resurgens’ partnership, Castellan has become a truly innovative platform for lowering risk, improving resilience and better managing business continuity,” said Jon Ezrine, CEO of Castellan. “Today’s milestone is a testament to how we have applied innovation and investment to help our customers assess and manage operational risk and drive greater resilience in their organizations. Resurgens has been instrumental to our growth and recent successes, and we look forward to the next chapter with Riskonnect.”

Shea & Company and Baird served as financial advisors to Castellan.