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Veritas Capital acquires Emergency Communications Network

An affiliate of Veritas Capital has acquired Emergency Communications Network (ECN), a provider of Software as a Service (SaaS) unified critical communications, from The Riverside Company. Financial terms of the transaction have not been disclosed.

Founded in 1996, ECN provides its customers across the United States and Canada with easy-to-use, reliable and affordable software solutions which facilitate critical communication and collaboration with use cases that save lives, enhance revenue and reduce costs. ECN has over 2,200 customers, including leading organisations in the government, technology, healthcare, utility, aerospace, industrial, manufacturing and financial services sectors.

"ECN is an exceptional business with a long history of providing market-leading critical communications solutions to both government and commercial markets,” says Hugh Evans, a Managing Partner of Veritas. “We are thrilled to be partnering with David DiGiacomo and his high-caliber management team in continuing to provide best-of-breed subscription notification software solutions to state and local government customers and as they work to leverage ECN's proprietary technology and expand further into commercial, federal government, healthcare and other adjacent markets. We look forward to applying our substantial investing and operating experience to support ECN’s talented team and add lasting value to the company."

ECN President David DiGiacomo, says: “We are excited to partner with Veritas as we enter this new chapter of growth. Veritas brings deep experience from investing in critical services, a vast network of relationships in both government and commercial markets, and a track record of adding lasting value at its portfolio companies. We are confident that through this partnership, ECN will be well-positioned to continue our significant growth and add functionality to our already reliable, easy-to-use and robust network.”

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