SOURCE: Assurity River Group

January 05, 2007 10:32 ET

Assurity River Group Acquires Alebra Technologies' Security Business

Assurity River's Expanded Risk Management Capabilities Now Include Comprehensive Business Continuity and Security Services

MINNEAPOLIS, MN -- (MARKET WIRE) -- January 5, 2007 -- Assurity River Group, a leading Twin Cities-based business continuity consulting firm, announced today that it has acquired the information security services group of Alebra Technologies. Alebra, also located in the Twin Cities, is a leader in providing information security risk management for financial services companies.

The acquisition expands Assurity River's risk management capabilities to include comprehensive business continuity and security services. It also increases the size of Assurity River's consulting team and enhances its in-depth knowledge of the financial services market.

"Alebra has a sterling reputation, enjoys a trusted relationship with many community banks and has a proven track record of developing comprehensive information security programs that ensure the security of information and financial transactions," said Assurity River President Jeff Olejnik. "This acquisition enables Assurity River to immediately offer world-class security services and gain additional talent for our business continuity services."

"Our clients will benefit greatly from the combination of our companies," said Peter Hausmann, Alebra's security services practice leader. "Assurity River's services are highly complementary to our core business, and the firm has an exceptional reputation in the banking industry."

Experts agree that information security is essential to ensure a company's uninterrupted business operations. Yet many organizations today struggle to manage competing security priorities, and they have limited resources to address them. According to Olejnik, "With Assurity River's expanded capabilities, we are now well positioned to help our clients prioritize their security needs and allocate their resources effectively."

About Assurity River Group

Assurity River Group provides information security and business continuity planning and program management to keep clients' business assets and operations secure, available and recoverable. Founded in Minneapolis in 2003, the firm helps clients develop sound security and business continuity strategies, keeps them actionable and current with business and regulatory changes, and reduces the cost of administering them. Assurity River works with more than 40 clients nationwide in the financial services, healthcare and professional services markets. For more information, visit or call 612-435-2170.

Contact Information

  • Contact:
    Jennifer Schwegman
    KC Associates
    (952) 233-0346
    Email Contact