Please ensure Javascript is enabled for purposes of website accessibility
Upcoming Event

Best Places to Work in Virginia

Hamburger Menu Hamburger Menu

Tag: CTSI

Pavion acquires Mo. video security company

Chantilly-based technology firm Pavion, formerly Corbett Technology Solutions Inc. (CTSI), acquired Missouri-based Short Circuit Electronics Inc., Pavion announced last week.

Financial terms of the transaction were not disclosed. Pavion is a portfolio company of Chicago-based private equity firm Wind Point Partners. The acquisition is Pavion’s 11th since it was acquired by Wind Point in June 2020. Its 10th acquisition was of fire alarm company Firecom in July 2022.

“Security is already a big part of our business, and one that we’re continuously looking to build,” Pavion President and CEO Joe Oliveri said in a statement. “Short Circuit adds significantly to the depth and breadth of services we’re able to provide throughout North America, which is an important part of our long-term business growth.”

Short Circuit Electronics initially provided CCTV equipment repairs when it was established in 1988. The company currently offers video security, surveillance and access control systems installation and service, as well as equipment removal, refurbishment and repair. It serves more than 40,000 locations across all 50 states, Puerto Rico and Canada.

“Pavion has a large security practice that’s well-aligned to our business and can provide additional security, fire and integration services to our customers,” Short Circuit Electronics co-founder and Vice President David Israel said in a statement. “But it’s the company and customer culture that solidified the deal for us.”

Founded in 1969 as CTSI, Pavion provides fire, security and communication integration solutions to clients in the enterprise, health care, education, government, data center and retail industries. The company, which rebranded as Pavion in October 2022, has customers across 22 countries.

CTSI purchases NYC’s largest fire alarm company

Chantilly-based technology company Corbett Technology Solutions Inc. (CTSI) has acquired New York-based fire alarm company Firecom, CTSI announced Tuesday.

Financial terms of the transaction were not disclosed.

CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners. The Firecom deal is CTSI’s 10th acquisition since it was purchased by Wind Point in June 2020.

Founded in 1963 and based in New York’s Queens borough, Firecom bills itself as New York City’s largest provider of fire alarms, servicing more than 800 high-rise buildings in the city.

“We are very pleased to add Firecom and their best-in-class customer service to the CTSI family,” CTSI President and CEO Joe Oliveri said in a statement. “Firecom is a fantastic addition to our fire business unit, enhancing our ability to service large and complex fire alarm and life safety systems, while enabling Firecom existing customers to take advantage of our world-class central station, security, audiovisual, cybersecurity and other low voltage solutions.”

Founded in 1969, CTSI provides audiovisual, communications, collaboration and security solutions for enterprise, government, health care and educational customers.

CTSI acquires N.C. tech firm

Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) has acquired Knightdale, North Carolina-based Systems Electronics Inc., the company announced Jan. 20.

Financial terms of the transaction were not disclosed.

CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners and this makes CTSI’s eighth transaction since it was acquired by Wind Point in June 2020. In late December 2021, CTSI acquired Florida security firm Star Asset Security.

Systems Electronics Inc. is a communications, safety, and security systems integrator providing turnkey design, installation and support to health care, education and corporate clients. The company helps health care facilities improve patient care and financial performance through clinical workflow process improvement, nurse call integration, resource tracking, reporting and analytics. Founded in 1970, Systems Electronics also delivers fire, security and other systems integration solutions to its customers.

“While continuing to expand our critical communications and health care business, Systems Electronics further enhances our North Carolina presence and extends our Virginia support structure to include the Tidewater and Western regions of the state,” CTSI President and CEO Joe Oliveri said in a statement. “We are very excited to add Systems Electronics and their industry-leading customer service to the CTSI family.”

Founded in 1969, CTSI provides audiovisual, communications, collaboration and security solutions for enterprise, government, health care and educational customers.

 

Chantilly’s CTSI acquires Fla. security firm

Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) announced Tuesday it had acquired Orlando, Florida-based risk, resilience and security services provider Star Asset Security.

Financial terms of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners. The transaction is CTSI’s sixth acquisition since it was acquired by Wind Point in June 2020. In a news release, CTSI said it would continue focusing on acquiring companies providing communications, life-safety, nurse call and security solutions.

“Star Asset Security continues CTSI’s strategic growth by greatly expanding our security integration footprint and strengthening our cyber security capabilities,” Nathan Brown, managing director at Wind Point, said in a statement. “We are thrilled to partner with the entire Star team as we continue building out the CTSI platform.”

Founded in 1993, Star offers cloud-based physical security, IT and cyber security solutions and provides managed services out of its network operation center. Star has 160 employees and eight offices in the central and southern U.S.

“Star Asset Security is really excited to join the growing CTSI business,” Roger Hirschy, executive vice president at Star, said in a statement. “Our collective culture and vision, combined with our strategic focus on enhanced managed and subscription services, align perfectly with CTSI.”

Founded in 1969, CTSI provides audiovisual, communications, collaboration and security solutions for enterprise, government, health care and educational customers.

Chantilly-based CTSI acquires N.C. A/V company

Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) announced Tuesday that it has acquired Morrisville, North Carolina-based Collaborative Technology Solutions LLC (CTS), a provider of audiovisual, security, structured cabling and sound-masking services.

Financial details of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners. The transaction is CTSI’s third acquisition since it was acquired by Wind Point in June 2020. In a news release, CTSI said it would continue focusing on acquiring companies providing communications, life-safety and security solutions.

“Our core values of excellence, reliability and integrity align perfectly with those of CTSI,” CTS President and Partner Tom Livolsi said in a statement. “We’re thrilled to continue providing our customers with the excellence they’ve come to expect while beginning to support CTSI customers with the same care and attention we’ve brought to market for years.”

“CTS’s reputation in the industry is well established,” CTSI President and CEO Joe Oliveri said. “They’re known for quality engineering and robust, attentive and individualized service. It’s that commitment to customers that excites us here at CTSI; our customers are our top priority and I’m confident that existing and new customers alike will see that commitment reflected in our work.”

Founded in 1969, CTSI provides audiovisual, communications, collaboration and security solutions for enterprise, government, health care and educational customers.

 

CTSI names new president and CEO, chairman

Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) named Joe Oliveri as its president and CEO on Tuesday. He replaces Gino Ruta, who is becoming chairman, the company announced in a news release.

Oliveri joins CTSI from Johnson Controls, where he was vice president and general manager of global ducted systems and previously ran other divisions, including global fire detection and security BUs.

Wind Point Partners, a Chicago-based private equity investment firm acquired CTSI in June 2020, in partnership with Ruta and CTSI management. The company has been in business for more than five decades and is responsible for technology integration, audiovisual and security solutions for government, health care, education and enterprise customers.

“I’m excited to join this organization and continue accelerating CTSI’s growth across the United States,” Oliveri said in a statement. “With my history of strategic acquisitions and aggressive growth, my priority at CTSI is to engineer further expansion of our security and life safety solution portfolios.”