DavEd, which was founded in 1982, provides state-of-the-art, dependable, and creative fire alarm and security systems in the metropolitan areas of New York and New Jersey.
FREMONT, CA: DavEd Fire Systems, a provider of fire alarm and security system design, maintenance, integration, and managed services, was acquired by Corbett Technology Solutions, a portfolio company of Wind Point Partners ("Wind Point").
"We here at DavEd are extremely excited to join the CTSI family," said David Hoshia, President and Founder, DavEd. "CTSI is known throughout our industry as a leader and innovator, and those core values – combined with a willingness to truly partner with customers and deliver tailored solutions – makes their culture a tremendous fit with DavEd."
DavEd, which was founded in 1982, provides state-of-the-art, dependable, and creative fire alarm and security systems in the metropolitan areas of New York and New Jersey. Customers may count on the company for all of their fire system needs, from design to installation, as well as 24/7 emergency service and maintenance.
Joe Oliveri, President and CEO, CTSI noted, "For almost four decades, DavEd has dedicated itself to solving customers' fire alarm and security challenges, and we look forward to continuing that legacy and serving DavEd's customers. In addition, CTSI is now able to serve our existing customers with locations in the New York Metropolitan area and deliver local support for technologies across our portfolio."
DavEd represents the second acquisition for CTSI since collaborating with Wind Point in June 2020. CTSI will continue to focus on acquiring leading communication, collaboration, life-safety, and security solution providers with similar employee-focused cultures and a trusted commitment to clients as part of its acquisition strategy.
Nathan Brown, Managing Director at Wind Point Partners, commented, "A core focus of CTSI's value creation plan has been an emphasis on growth through acquisition, and DavEd represents an excellent addition to CTSI's leading platform. This acquisition further enhances our capabilities in the fire alarm space and continues to expand CTSI's footprint and ability to serve customers across multiple geographies."