Adar, an IT managed service provider for compliance-based businesses and independent insurance agencies and brokers, has announced the acquisition of cybersecurity firm Rigid Bits.
Rigid Bits is known for its deep experience in the insurance industry, Adar said. The acquisition will add cybersecurity, penetration testing, vulnerability assessments, and program development as new services for Adar’s new and future customers.
“With the ever-evolving complexity of cyberattacks, expanding compliance requirements, and the need to support remote work, cybersecurity is more relevant now than ever,” said John Mario, president of Adar. “Many businesses struggle to find a trusted partner to meet their needs. Together with Rigid Bits, we continue to enhance and differentiate our value proposition for customers.”
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“I am thrilled at the unique opportunities for both Adar and Rigid Bits as well as for our clients,” said Jeff Oden, founder and CEO of Rigid Bits. “Our combined forces enable us to address the common technology gaps we frequently encounter. At the same time, our operational independence ensures we can offer cybersecurity services ethically to Adar’s current and future clients.”
As part of the acquisition, Oden will join Adar’s leadership team as vice president of information security, taking responsibility for the company’s products and services related to cybersecurity and compliance. Ryan Smith, formerly of Vertafore, will join Adar as vice president of sales and marketing.
