Corbett Technology Solutions (CTSI) of Chantilly, Va., a portfolio company of Wind Point Partners, has acquired Firecom for undisclosed terms.
Firecom, the largest privately held fire alarm company in New York City, provides turnkey design, engineering, installation, maintenance and repair services for customers across New York and other major cities in the United States.
Established in 1963 and headquartered in Woodside, N.Y., Firecom supports some of the most prestigious real estate locations and high-rise buildings in the world, delivering highly integrated fire and life-safety systems installation and services, according to an announcement. The company services customers across the real estate, financial services, insurance, healthcare, media, tech and education industries.
“We are very pleased to add Firecom and their best-in-class customer service to the CTSI family,” said Joe Oliveri, president and CEO of CTSI. “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.”
“By joining CTSI, we continue the fantastic Firecom legacy we’ve developed for our customers and employees, while enabling continued growth and expansion with our new and enhanced capabilities and geographic reach,” said Paul Mendez, president and CEO of Firecom. “I’m very excited our customers will continue to receive the great support from the Firecom team they’ve relied on for decades, while now having the ability to leverage CTSI’s in-house central station monitoring, security, audiovisual, and other critical communications systems resources across the world.”
Firecom represents the 10th acquisition for CTSI since partnering with Wind Point in June 2020. CTSI says its acquisition strategy will continue to focus on acquiring leading life safety, fire, security, nurse call, collaboration and communication solution providers with complementary employee-focused cultures and a trusted commitment to customers.
CTSI is ranked No. 3 on the SDM Top Systems Integrators Report, up from No. 26 last year. The company attributes the rise in the ranking to its strategic acquisitions, organic growth and synergies through cross-sales and integration.