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Ctsi Acquires Firecom

Jul 12, 2022about 3 years ago

Acquiring Company

CTSI

Acquired Company

Firecom

Government And MilitaryNatural ResourcesInformation TechnologyGovernment And Military

Description

Corbett Technology Solutions, Inc. ("CTSI"), a portfolio company of Wind Point Partners ("Wind Point"), is pleased to announce the acquisition of Firecom (the "Company"), the largest privately held fire alarm company in New York City. Firecom provides turnkey design, engineering, installation, maintenance, and repair services for customers across New York and other major cities across the United States.

Company Information

Company

CTSI

About

For over five decades, CTSI has been at the forefront of technology integration and innovation with critical communications, collaboration, audiovisual and security solutions for enterprise, government, healthcare and education customers. With an engineering-driven culture, we deliver best-in-class solutions and services with highly trained, lean-certified user experience practitioners, programmers, technicians, engineers and customer care representatives. CTSI delivers unmatched design, installation, integration and managed and subscription services that deliver high-quality, end-to-end results tailored to customers' unique needs and challenges. Additional information about CTSI is available at www.ctsi-usa.com

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed