The amount of the deal was not disclosed. Generation Partners, which acquired Agility Recover in 2001, will retains a minority stake.
Golub Capital provided debt financing.
The company intends to use the funds to expand the sales force and extend support for members.
Led by Bob Boyd, President & CEO, Agility Recovery provides disaster recovery and business continuity solutions following a disaster or other business interruption. Its ReadySuite platform provides temporary power, internet and phone communications, computer and office equipment and temporary office space – to get operations back up and running. Through a secure online portal, members are provided an alert notification system, cloud-based critical document storage and other recovery resources.