Chantilly-based Corbett Technology Solutions moves into Central Virginia
- July 10, 2018
Chantilly-based Corbett Technology Solutions Inc. (CTSI) has acquired Mechanicsville-based Communications Specialists Inc. (CSI) in a move into Central Virginia.
Financial terms of the deal were not disclosed.
"We are very excited to expand into Richmond, Virginia, with the acquisition of CSI,” CTSI CEO Gino Ruta said in a statement. “We feel fortunate to add a company with the rich history, culture, and capabilities of CSI to our team. This combination expands our footprint, adds valuable resources for our customers, and offers exciting opportunities for our employees."
CTSI, a portfolio company of Tower Arch Capital, provides communications solutions designed to help customers consolidate information and collaborate effectively.
Founded in 1986, CSI is an integrator of low-voltage electronic and communication solutions. The company serves a variety of Central Virginia customers, including health-care facilities, schools, jails, courthouses, houses of worship and commercial facilities.
Based in Salt Lake City, Tower Arch Capital is a lower-middle market private equity fund.