CTSI targets rapid expansion through a series of acquistions between 2021 and 2022
To accelerate growth, Corbett Technology Solutions Inc. (CTSI) expanded rapidly in 2021 due primarily to its significant acquisition activity. Between March 2022 and February 2021, the company purchased eight companies and has announced its intention to acquire three more per quarter by year-end 2022. With the acquisitions, CTSI plans to expand its security and life safety solution portfolios, in addition to its presence in audiovisual, collaboration, healthcare and education solutions and services. The company accredits its own purchase by Wind Point Partners in 2020 for enabling its growth strategy.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.