CTSI Acquires Star Asset Security
The acquisition brings CTSI integration capabilities across the south and central U.S., while strengthening its cybersecurity offerings.
CHANTILLY, Va. — Corbett Technology Solutions (CTSI), a portfolio company of Wind Point Partners, announces the acquisition of Star Asset Security, a leader in systems integration, monitoring and managed services across enterprise IT, cyber and physical security infrastructure.
Terms of the transaction were not disclosed.
Founded in 1993 and headquartered in Orlando, Fla., Star Asset Security serves customers via eight offices located throughout the south and central United States. The company offers Cloud-based physical security, IT and cybersecurity solutions enhanced by its ION247 Center of Excellence. ION247 provides managed services out of its network operation center to proactively monitor, maintain and secure clients’ IT environment and physical security infrastructure.
Based here, CTSI designs, engineers, installs, maintains and manages highly engineered security, fire, nurse call, A/V, collaboration and communication systems. CTSI serves thousands of clients across the U.S.
“Star is a fantastic organization that expertly serves customers with a unique and differentiated mix of physical security, IT and cybersecurity offerings,” says Joe Oliveri, president and CEO of CTSI. “We look forward to supporting the Company’s best-in-class offerings while also leveraging our increased scale to enhance opportunities for employees and customers alike.”
“Star Asset Security is really excited to join the growing CTSI business,” comments Roger Hirschy, executive vice president of Star Asset Security. “Our collective culture and vision, combined with our strategic focus on enhanced managed and subscription services, align perfectly with CTSI. Joining forces with CTSI will deliver even greater value to our customers, accelerate our growth, and enable additional opportunities across our family of amazing employees who built Star into the highly regarded security integration and managed services leader it is today.”
Star Asset Security represents the sixth acquisition for CTSI since partnering with Wind Point in June of 2020. CTSI’s acquisition strategy will continue to focus on acquiring leading life safety, security, nurse call, collaboration, and communication solution providers with complementary, employee-focused cultures and a trusted commitment to customers.
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