Corbett Technology Solutions Inc. (CTSI) and its portfolio of recently acquired companies have relaunched as Pavion, saying it is now the third-largest safety and communications systems integrator in the United States.
The shift from CTSI to Pavion is the result of significant growth over the past 15 months – most of it via acqusitions. In all, CTSI has acquired 10 companies in that timespan: The Security Division of EC&M Electrical, DavEd Fire Systems, Collaborative Technology Solutions, The Protection Bureau, Star Asset Security/Ion247, AFA Protective Systems, Structure Works, Enterprise Security Solutions, Systems Electronics and Firecom.
Read more about CTSI's growth and strategy via an exclusive interview with CEO Joe Oliveri that appeared in the March 2022 issue of Security Business magazine.
"Uniting under the Pavion umbrella allows each company to continue delivering core offerings while expanding services, impact and geographic reach, essentially providing more of what already makes them great," a press release explains.
The release goes on to outline how CTSI and the acquired companies have already begun successfully integrating IT, enterprise resource planning (ERP), quoting, payroll, HR information systems (HRIS), safety and other management systems to optimize their business operations and the resulting customer experience.
“We are excited for the formation of Pavion, as it will allow us to accelerate our strategic growth,” Pavion President and CEO Joe Oliveri said in the release. “We felt it was time to introduce a new brand and vision that more accurately represents the direction we’re heading. Uniting as Pavion at this moment allows us to do just that.”
Oliveri continued, “When you introduce a change like this to the market, you want to honor the legacies and relationships each company has built, while also articulating and shaping a path to the future.” He cites maintaining each company’s best practices as a key to Pavion’s ability to retain 98% of acquired employees, deepen customer relationships and restructure despite a global pandemic and supply chain crisis.
“I’m excited to lead the Pavion Security business unit and be a part of the Pavion organization," added Pavion Security President, Jim Muncey, who joined CTSI via the Structure Works acquisition. "Our success is driven around our ability to think and operate with consistency as one organization across our business units and diverse geographic locations. Customers want and we deliver pricing, operations, service and support consistency—it takes work, but we get the job done.”
CTSI is a portfolio company of Wind Point Partners, a Chicago-based private equity investment firm. “From the outset, our collective vision for the company was built around further enhancing CTSI’s value proposition as a comprehensive solutions provider," explained Wind Point Managing Director Nathan Brown.
Pavion is a portmanteau of the word pavise, a full-body shield used by warriors in the 14th-16th centuries to protect themselves while moving forward in battle, an ion, an electrically charged atom that drives forward momentum. Together, the two words represent protection and connection in motion. “We are a shield for the people we serve, protecting life and connecting customers to better outcomes, opportunity and growth,” explained Oliveri. “It’s a dynamic process."
Paul Rothman is Editor-in-Chief of Security Business magazine, a printed partner publication of SecurityInfoWatch.com. Access the current issue, archives and subscribe at www.securitybusinessmag.com.
