Critical event management business Everbridge acquires NC4 in $83 million deal

Everbridge, the specialist in critical event management (CEM) and enterprise safety software applications to help keep people safe and businesses running, has announced the acquisition of NC4, the global provider of threat intelligence solutions that empower businesses, Government organisations and communities to assess and disseminate risk data and information in order to manage and mitigate the impact of critical events.

Combining NC4’s real-time threat intelligence and analyst teams and Everbridge’s existing Global Intelligence Operations Centre (GIOC) analysts and CEM platform creates the industry’s only end-to-end threat assessment and incident communications and management platform for reducing the impact of internal and external threats to people and assets.

Together, NC4 and Everbridge are “providing the most comprehensive solution” for enterprises and Government agencies to reduce the ‘time to know’ that a critical event has occurred through to remediation, all from a single pane of glass.

“With NC4, we’re adding the industry leader in threat intelligence, making Everbridge one of the largest providers of data for enterprise security and operations in the world,” said David Meredith, CEO of Everbridge. “NC4 offers the most comprehensive threat data in the industry and this acquisition dramatically expands the overall situational awareness Everbridge will provide for organisations, from incident identification through to response, mitigation or, ultimately, avoidance and prevention.”

NC4 combines thousands of “the most trustworthy” data sources with an experienced team of analysts creating the industry’s “leading source” of verified data and hyper local threat intelligence. NC4 generates more than 27,000 geo-targeted alerts and nearly 700 incident reports each day for many of the world’s largest businesses, global organisations and Government agencies, including over 100 of the FORTUNE 500. 

“Verified sources and analysis eliminate the noise and enable us to generate the most impactful information while eliminating false positives,” said Karl Kotalik, president and CEO of NC4. “It takes the best of both worlds, machine learning and AI-enabled incident collection and human analysis, to generate the most meaningful intelligence.  Everbridge’s platform, the breadth of its offerings and the experience of its global team make for a natural fit with NC4. We look forward to aligning with the business to jointly provide organisations with unprecedented visibility into the threats and incidents that can impact people and business.”

Together, Everbridge and NC4 will form a global team of over 950 employees dedicated to delivering innovative and differentiated solutions for CEM. The acquisition includes the NC4 Risk Centre solution and the NC4 brand, as well as NC4’s E Team Emergency Operations Centre software solution. The other NC4 products, including Celerium solutions for cyber security and Street Smart for law enforcement, will continue with the current owner.

The aggregate consideration paid by Everbridge was approximately $83 million in cash and Everbridge stock. While the largest business component has been closed, additional components are not expected to be closed until the end of the third quarter.

Upon completion, the acquisition is expected to be accretive to Everbridge’s non-GAAP financial results within 12 months. Everbridge will provide further financial details after completion of the entire transaction.

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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