LLR Partners Invests in Agility Recovery
Being in DR and BC solutions
This is a Press Release edited by StorageNewsletter.com on March 25, 2015 at 2:52 pmLLR Partners, Inc. announced an investment in Agility Recovery, Inc., in DR and BC solutions.
LLR will partner with the existing management team to help expand Agility’s sales force and extend support for members.
Following a disaster or other business interruption, Agility provides businesses of any size access to the four key elements of recovery via its ReadySuite platform – temporary power, Internet and phone communications, computer and office equipment and temporary office space – to get operations backup and running. Through the myAgility secure online portal, members are provided an alert notification system, secure, cloud-based critical document storage and other helpful recovery resources. Members’ employees can also take advantage of myAgility Family, a personal disaster planning tool provided free of charge to help them become better prepared at home and consequently more likely to return to work following a disruptive event.
“Agility has created a unique, easily deployed solution to address the BC needs of small to medium size businesses as well as large enterprises,” says David Stienes, partner, LLR Partners. “With an energetic, proven management team at the helm, the ability to quickly deliver affordable recovery tools in any disaster scenario and a 100% success in recovering members to date, Agility has significant opportunities ahead to continue growth.“
“LLR has a long track record of helping companies at our stage rapidly accelerate. They demonstrate a remarkable understanding of our business and will provide the expertise, strategic support and resources that Agility needs to continue to execute on our vision that every business and every community is prepared,” said Bob Boyd, president and CEO, Agility. “I’m confident that as partners we can capitalize on the opportunities ahead.“
Agility’s track record has earned the endorsement of more than 150 National and State trade associations in industries including the American Hospital Association (AHA), Credit Union National Association (CUNA), Independent Community Bankers of America (ICBA) and the American Bar Association.
Additionally, Agility partners with the US Small Business Administration (SBA) to promote preparedness at PrepareMyBusiness.org, a site co-developed by the SBA and Agility.
Golub Capital provided debt financing in support of this transaction and Raymond James Financial, Inc. served as exclusive financial advisor to Agility Recovery on the transaction. Generation Partners invested in Agility Recovery in 2001 and remains a minority shareholder in the business.