Critical event management specialist Everbridge on Thursday responded to an activist investor calling for its sale by saying it would pause "material" acquisitions, accelerate internal integrations and simplify its products. A press official did not offer details on the impact such moves could have on travel risk management firm Anvil Group, which Everbridge bought last year for about $161 million. The investor, Ancora Holdings Group, singled out the TRM subsidiary in a scathing open letter published Thursday morning.
"Although successful M&A was an early strength of the Everbridge operating model, we believe it has . . .