Data breach response provider CyEx announced the acquisition of Simpluris Inc., an award-winning class action settlement administrator. This strategic move strengthens CyEx’s ability to provide comprehensive data breach solutions and deliver vital restitution to a wider client base.
“We’re thrilled to welcome Simpluris to CyEx,” said Jerry Thompson, Executive Vice President at CyEx. “Their leadership and industry know-how are exceptional. Simpluris’ authority within the settlement administration category will allow CyEx to build on its foothold in the data breach response and class action market.”
Simpluris is a leader in class action settlement administration, particularly within the public sector and across various verticals like employment and consumer litigation. Simpluris’ project management experts deliver legal administration services with speed, precision and accountability. The company will operate as a standalone business within CyEx, led by its existing experienced leadership team.
“Simpluris is excited to join CyEx. We believe the synergies of CyEx’s expertise in the cyber and data breach remediation space and our technology-driven approach to legal administration will enable us to enhance our opportunities to serve our clients and grow our business,” said Kevin Lee, President and CEO of Simpluris.