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Corbett Technology Solutions, Inc. Acquired Firecom
Background: Firecom, Inc. (“Firecom”), based in Woodside, NY, is the largest fire alarm company in New York City, servicing approximately 800 high-rise buildings, and is one of only five companies in the U.S. to manufacture its own fire life safety systems for high-rise buildings.
Cassel Salpeter:
Served as financial advisor to the company
Ran a highly-focused competitive sales process, identifying and contacting strategic buyers
Assisted in the structuring, negotiating, and closing of the transaction
Challenges:
Maximizing and delivering value for synergies
Managing ownership and operational complexities
Navigating extensive diligence review process
Outcome: In June 2022, Firecom was acquired by Corbett Technology Solutions, Inc. (“CTSI”), a leading provider of communication, collaboration, life-safety, and security solutions for clients across the East Coast. CTSI is a portfolio company of Wind Point Partners.
https://www.casselsalpeter.com/wp-content/uploads/2024/05/CS_Website-Case-Study-Logos_05.03.24_Firecom.jpg321385roaradminhttp://www.casselsalpeter.com/wp-content/uploads/2021/05/CS-Logo-for-Assets-Post-10-Year-Branding_Website_04.28.21_Draft01.pngroaradmin2023-03-03 14:08:552024-05-03 18:01:37Corbett Technology Solutions, Inc. Acquired Firecom