CTSI Stays on M&A Path With Collaborative Technology Solutions Buy
Morrisville, N.C.-based Collaborative Technology designs, engineers and supports customers across a wide range of low-voltage solutions.
CHANTILLY, Va. — Corbett Technology Solutions (CTSI), a portfolio company of Wind Point Partners, announces the acquisition of Collaborative Technology Solutions (CTS), a provider of A/V, security and other low-voltage solutions, for undisclosed terms.
Founded in 2015, Morrisville, N.C.-based CTS designs, engineers and supports customers across a wide range of low-voltage solutions. The company’s portfolio includes sound masking, mass notification systems (MNS), structured cabling networks, public safety and cellular enhancement solutions.
“Our core values of excellence, reliability and integrity align perfectly with those of CTSI,” says Tom Livolsi, CTS president and partner. “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 represents the third acquisition for CTSI since partnering with Wind Point in 2020. In February the company purchased Integrated Security Solutions, then followed that deal up in May when it acquired DavEd Fire Systems.
CTSI’s acquisition strategy will continue to focus on acquiring leading communication, collaboration, life-safety and security solution providers with complementary employee-focused cultures and a trusted commitment to customers, according to the announcement.
“CTS’s reputation in the industry is well established,” says Joe Oliveri, CTSI president and CEO. “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.”
Nathan Brown, managing director at Wind Point Partners, comments, “CTS is an important addition to CTSI’s leading platform as we expand into the Research Triangle and Charlotte markets. Tom, Allan and the entire CTS team have built an outstanding business, and we look forward to investing behind the Company as it enters its next stage of growth.”
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