Corbett Technology Solutions Inc. (CTSI), a portfolio company of Wind Point Partners, has acquired The Protection Bureau, a provider in systems integration, service, and central station monitoring of enterprise burglar alarm, fire alarm, video surveillance, and access control systems.
Established in 1975, The Protection Bureau is headquartered in Exton, Pa., with offices across the Mid-Atlantic and the ability to serve customers nationally. Since its founding, the company has consistently been ranked in the SDM 100. The Protection Bureau's central station is TMA Five Diamond Certified and is operated 24 hours a day, seven days a week.
Headquartered in Chantilly, Va., CTSI designs, engineers, installs, and maintains nurse call, audiovisual, conferencing, collaboration, sound, fire, security, and communication systems. CTSI serves thousands of private, public, and institutional clients across the United States.
“We are extremely excited to have The Protection Bureau join the CTSI family,” said Joe Oliveri, president and CEO of CTSI. “The Protection Bureau team has established a fantastic business serving customers across various industry verticals including healthcare, finance, retail, commercial real estate, government, and education. We look forward to further supporting the company's best-in-class integration capabilities using our increased scale to provide opportunities for both employees and customers.”
Nathan Brown, managing director at Wind Point, added, “The Protection Bureau accelerates CTSI’s strategic growth by delivering additional resources in the Mid-Atlantic and adding further in-house central station capabilities. This acquisition continues our transformation to a best-in-class fire, security, nurse call, and design-build audio visual systems integration platform with capabilities to serve any highly engineered low voltage system requirement.”
The Protection Bureau represents the fifth acquisition for CTSI since partnering with Wind Point in June 2020. Barry Epstein of Vertex Capital was the sole advisor to The Protection Bureau in the transaction
“The Protection Bureau is really excited to join forces with CTSI,” said Matthew Ladd, president of The Protection Bureau. “I’ve personally enjoyed leading the company for the last 21 of its 46 years, and genuinely believe we have strong cultural alignment and business vision. Combining The Protection Bureau with CTSI will deliver an even greater customer experience, sustain and expand our growth, and enable career opportunities for the employees that have worked so hard to bring our company to the market leading position it enjoys today.”
CTSI ranked 32nd on the 2021 SDM 100; The Protection Bureau ranked 66th.