Southfield, MI – November 2016 – P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive financial advisor to Corbett Technology Solutions, Inc. (“CTSI” or the “Company”) in a successful recapitalization with Tower Arch Capital (“Tower Arch”).
CTSI (www.ctsi-usa.com) provides integrated technology solutions to corporate, government, healthcare, educational, and multi-unit living facilities. The Company specializes in the design, installation, and implementation of customized technology solutions. These solutions include audiovisual, videoconferencing, voice and networking, fire detection, security, professional sound systems, patient monitoring and communication, and education technologies. The Company’s solutions improve learning and enhance safety for schools, provide patient safety and operational efficiency for hospitals, and improve the way organizations display and communicate information and media. CTSI is headquartered in Chantilly, VA, strategically located near major metropolitan centers across the East Coast, allowing CTSI to service a wide geographic region and diverse client base.
Tower Arch is a private equity investment firm focused on partnering with and growing high-quality founder and family-owned businesses. Tower Arch provides operational, strategic, and financial support to accelerate growth and enhance shareholder value.
CTSI selected PMCF's Business & Technology Services Group, led by Matt Jamison and Matt Rupprecht to serve as the exclusive financial advisor for the transaction. PMCF worked closely with the Company to run a highly effective transaction process. Commenting on the transaction, Chris Corbett, founder of CTSI, commented, “PMCF was highly involved in all phases of the transaction process from identifying potential buyers and setting the marketing strategy, to leading the negotiations of the transaction terms, facilitating the due diligence process, and assisting on the legal documentation. We were very pleased with PMCF’s performance on this transaction. I would highly recommend PMCF to any company considering a potential recapitalization."
PMCF is a middle market investment bank providing global merger and acquisition advisory services to private, public, and private equity owned companies. PMCF provides a broad range of services including sale advisory, acquisition advisory, capital raising, and strategic advisory. The firm has dedicated industry teams providing services to the plastics and packaging, medical technology, industrials, and business and technology services industries. PMCF has offices in Chicago and Detroit and around the globe via its Corporate Finance International associates. For more information, visit www.pmcf.com.