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CTSI Acquires Star Asset Security

Acquisition greatly enhances security integration capabilities across the south and central U.S. while further strengthening cyber security offerings

Corbett Technology Solutions, Inc. (“CTSI”), a portfolio company of Wind Point Partners (“Wind Point”), is pleased to announce the acquisition of Star Asset Security (“Star” or the “Company”), a leader in systems integration, monitoring, and managed services across enterprise IT, cyber, and physical security infrastructure.

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Founded in 1993 and headquartered in Orlando, Fla., Star serves customers via eight offices located throughout the south and central United States. The Company offers cloud-based physical security, IT, and cyber security solutions enhanced by its industry leading 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.

Headquartered in Chantilly, Va., CTSI designs, engineers, installs, maintains, and manages highly engineered security, fire, nurse call, audiovisual, collaboration, and communication systems. CTSI serves thousands of clients across the United States.

“We are very excited to welcome Star Asset Security to the CTSI organization,” said Joe Oliveri, President and CEO of CTSI. “Star is a fantastic organization that expertly serves customers with a unique and differentiated mix of physical security, IT, and cyber security offerings. 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.”

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Nathan Brown, Managing Director at Wind Point, stated, “Star Asset Security continues CTSI’s strategic growth by greatly expanding our security integration footprint and strengthening our cyber security capabilities. We are thrilled to partner with the entire Star team as we continue building out the CTSI platform.”

“Star Asset Security is really excited to join the growing CTSI business” commented Roger Hirschy, EVP 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 .”

PREDICTIONS-SERIES-2022

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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[To share your insights with us, please write to sghosh@martechseries.com]

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