LLR Partners-backed iJet completed the acquisition of Red24 for £10m.

LLR Partners-backed iJet, a travel risk management firm, completed the acquisition of Red24, a crisis management company, for £10m. "We're pretty much going to be keeping everybody. We're going to be focusing them heavily on the insurance market, so we need that personnel to continue to service that market." The combined firm's major hubs will be in London, Singapore and Washington, D.C., and the company will have 800 direct enterprise clients. It also will gain "tens of thousands" of indirect clients from the 50 insurance companies that include red24 as part of their policies," Bruce McIndoe, iJet CEO.