Announced
Completed
Financials
Tags
Private Equity
Telecommunications Equipment
Friendly
Acquisition
communications solutions
Majority
United States
Private
Single Bidder
Completed
Domestic
Synopsis
Private equity firm Wind Point Partners completed the acquisition of Corbett Technology Solutions, a communications solutions provider, from Tower Arch Capital, a private equity firm. Financial terms were not disclosed. "Since CTSI's founding, we have successfully grown our service capabilities, including enhanced managed and subscription services, while extending geographic reach by prioritizing the needs of our customers, partners and employees. Our focus remains the same and with Wind Point's support, we will further expand those capabilities to better serve those constituencies and reach new markets," Gino Ruta, CTSI CEO.
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