Camms, a family-owned software business backed by Ellerston Capital, has been acquired by Riskonnect, an American risk and compliance technology company owned by private equity firm TA Associates.
Founded in 1996 as a management consulting firm, Camms transitioned into a technology company 16 years ago and makes risk and compliance software for the likes of Adelaide Airport, the City of Sydney, and the Royal Airforce in the United Kingdom.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
