Hugh Evans: Veritas Capital Targets Mass Notification Tech Market with ECN Buy


wireless communicationsVeritas Capital has bought mass notification software-as-a-service company Emergency Communications Network from private equity firm The Riverside Co. for an undisclosed sum.

Hugh Evans, a managing partner at Veritas, said Friday the private equity investment firm aims to help ECN expand its presence in the government and adjacent markets.

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ECN is led by David DiGiacomo and developed the CodeRed cloud-based software offering for organizations to collaborate and exchange critical data in the event of a critical situation.

Veritas Capital says ECN works with more than 2, 200 customers across the U.S. and Canadian healthcare, utility, technology, aerospace, manufacturing, industrial, financial services and government sectors.

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