SURVIVR PBC

Alden Advisors, the creators of IP VAMP™, the Intellectual Property Value Maximization Process, is pleased to announce the acquisition of its client, SURVIVR, PBC by InVeris Training Solutions, Inc. (“InVeris”). SURVIVR offers an immersive, multi-user, virtual reality (“VR”) scenario training system that allows law enforcement trainees, under the direction of an instructor, to engage in potentially dangerous real-world policing scenarios without risking harm. SURVIVR’s VR solution is an invaluable training support tool for municipal departments, state and federal agencies, and universities charged with enforcing laws and maintaining public safety.

SURVIVR’s scenarios uniquely combine form, fit, and function law enforcement weapons and gear with training that users “feel” and experience with heart-racing realism. Leaders in law enforcement applaud the riveting solution for reinforcing department objectives effectively and efficiently, notably for officer safety, de-escalations, critical decision making, protocol adherence, and the correct use of force.

“Early in our discussions, Alden Advisors grasped the inherent value of our firm and the differentiated nature of our product. They were key in helping communicate our story and close a transaction,” commented Brian Hoang, SURVIVR CEO and Co-Founder. Marwan Kodeih, SURVIVR CTO and Co-founder, noted, “Their deep technology knowledge not only helped us extract value in the M&A process but was invaluable in keeping us focused on growing our business during the transaction.”

Alden Advisors and SURVIVR partnered through all stages of IP VAMP™ Transactions, leading to the Company’s value-maximizing acquisition in August 2021.

About SURVIVR PBC

Headquartered in Dallas, Texas, SURVIVR, a Public Benefit Corporation, was founded with a mission to create an affordable, portable, life-like training solution for police officers. The Company sits at the nexus of two emerging trends: growth in VR solutions and tremendous demand for law enforcement training. SURVIVR’s industry-leading VR solution ushers in a new generation of law enforcement and military training. For more information, visit www.survivr.com.

About Alden Advisors

Alden Advisors is an investment banking firm focused on technology and industrial companies with niche intellectual property (IP) experiences. The firm provides M&A and advisory services which aim to extract maximum value from, or enhance the value of, a company’s unique client experiences by emphasizing the hidden value in their tangible and intangible assets. This is done through its unique process; IP VAMP™. For more information about Alden Advisors or the benefits of IP VAMP™, visit www.AldenAdvisors.com.

Deal Press

• InVersis Training Solutions – Press Release
• Business Wire – InVeris Training Solutions Acquires SURVIVR, Enhancing Virtual Reality Expertise