Systems integrator Pavion (formerly Corbett Technology Solutions; CTSI) acquired Premier Security Solutions, based in Hayward, Calif., near San Francisco, for undisclosed terms.
The acquisition — the 15th M&A transaction for Pavion since partnering with Wind Point Partners in June 2020 — expands the company’s western region fire alarm and security services delivery and support capabilities.
Premier specializes in commercial fire alarm, security and wireless transmission services. The company’s team of technicians service customers across the region with a significant concentration of Silicon Valley customers in the biotech, high tech, commercial real estate, tourism and entertainment industry verticals.
“Our expansion of fire alarm and security system capabilities into the Bay Area significantly enhances our western region team, accelerating our ability to serve large global and national customers across the country,” said Pavion CEO Joe Oliveri. “We look forward to working with the talented employees of Premier while enabling enhanced opportunities for employees and customers alike."
Premier Security Solutions was founded by Larry Pott and Paul Frankos in 1998.
"A sincere thank you to our trusted employees, valued customers, and strategic vendors for their support over the last 25 years," said Pott, president and CEO. "Your trust and confidence in Premier Security Solutions enabled our business to become the leading greater bay area commercial life safety and security provider it is today."
Frankos, executive vice president, said, "We are excited to continue our legacy with Pavion and look forward to the future, while serving our customers with the dedicated employees that helped build our business, now backed by Pavion."
Premier customers are now supported by Pavion global delivery and service teams supporting security, access control, video surveillance, fire alarm, IT and integration solutions.
Barry Epstein of Vertex Capital was the sole advisor to Premier Security Solutions on the transaction.