CTSI purchases NYC’s largest fire alarm company
Fairfax tech company acquires Firecom
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.