Frontier’s PlanetRisk Acquires Analytic Strategies
The transformation of Frontier portfolio company PlanetRisk, a global leader in risk intelligence and analytics, continues this week with the announcement of the company’s acquisition of Tysons Corner, Virginia-based Analytic Strategies, a leader in providing enterprise analytics services to the federal government.
The acquisition significantly expands PlanetRisk’s suite of analytics capabilities and the ability to serve its core federal government clientele, including the departments of Defense, Homeland Security and Justice. Analytic Strategies also expands PlanetRisk’s customer relationships across defense and intelligence sectors.
As Frontier Associate, and PlanetRisk Board Member, Brad Kniejski explains, Analytic Strategies’ deep experience in providing enterprise data services and boots-on-the-ground consulting, combined with PlanetRisk’s unique big data, analytics and software capabilities, creates a comprehensive “one-stop-shop” solution for both public- and private-sector clients who need to better understand threats to their organizations.
This week’s announcement marks the latest chapter in the exciting evolution of PlanetRisk from Frontier’s initial 2012 platform investment in iMapData, through the addition of president and CEO Paul McQuillan in November 2015, and the merger of iMapData and PlanetRisk last December. And recently, PlanetRisk partnered with Frontier portfolio company Tango to create an innovative commercial solution that enables retailers and restaurants to better understand local crime patterns and use that information in site section decisions.
In many ways, the growth and success of PlanetRisk is a case study in the advantages Frontier offers growth companies through our focus on software and services and our unique “smart growth” approach to creating enterprise value. Beyond providing capital, we help companies identify the right leadership, refine the growth strategy and right-size the business by adding the requisite capabilities to achieve their vision.
We are excited about the combination of Analytic Strategies and PlanetRisk, which advances both companies’ shared vision of delivering more insightful, actionable intelligence to customers in defense, intelligence and commercial markets. For more details on how this acquisition will make a difference for customers, please click http://www.businesswire.com/news/home/20160809005498/en to read PlanetRisk’s official announcement.