CTSI acquires N.C. tech firm
Acquisition is company's eighth since June 2020
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.