LLR Partners invests in disaster recovery business
Philadelphia-based private equity firm LLR Partners announced Tuesday it has invested in Agility Recovery, a disaster recovery and business continuity company.
LLR will help expand Charlotte, N.C.-based Agility’s sales force and extend support for members, a press release said.
Agility, a former division of General Electric, gives businesses that are faced with disaster, such as a fire or hurricane, access to temporary power, Internet and phone communications, computer and office equipment and temporary office space.
Agility’s CEO Bob Boyd shows confidence in working with LLR.
“LLR has a long track record of helping companies at our stage rapidly accelerate,” he said. “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.”