Firm Makes Investment in Samsung CCTV Distributor


A New York investment firm has acquired the exclusive
distributor of Samsung CCTV products in North America.
Thinking Tools Inc. says it has purchased GVI Security
Inc., which distributes Samsung Electronics video security
products in both North and South America and the

A press release by Thinking Tools touts the acquisition as
the company’s “entry into the homeland security market.”
The Carrolton, Texas-based GVI brought in $56 million of
revenue in 2003. Thinking Tools has been searching for
technology businesses to invest in since its previous
business – free Internet service provider –
ceased operations in December 2000.

While terms of the deal were not released, it was announced
that as part of the acquisition, GVI President and COO
Thomas Wade will now join Thinking Tools with the same
title. “The acquisition of GVI strategically focuses
Thinking Tools on the fast-growing government and
Fortune 1000 markets,” Wade says. “This is a first
step in building a platform for growth. We are continuing
to focus our expansion on adjacent product categories in
the $57 billion homeland security market.”

GVI becomes a wholly owned subsidiary of Thinking Tools,
which intends to provide video surveillance packages for
the retail, commercial and homeland security markets.

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.

A FREE subscription to the top resource for security and integration industry will prove to be invaluable.

Subscribe Today!

Get Our Newsletters