Chantilly-based CTSI acquires N.C. A/V company
Collaborative Technology Solutions provides audiovisual, security and cabling services
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.