NEW YORK, February 16, 2022 / PRNewswire / – Bundy Group, a 32-year-old investment bank, announces that it has advised Systems Electronics, Inc. (“Systems Electronics”), an integrator of communications, security and safety systems for mission-critical organizations, sold by Corbett Technology Solutions, Inc. (“CTSI”), a global system integrator of critical communications, fire and security systems. CTSI – Wind Point Partners portfolio company, a Chicago-established private investment company.
Founded in 1970 with headquarters in Nightdale, North Carolina, Systems Electronics helps healthcare institutions improve patient care and financial performance by improving the clinical workflow, integrating nurse calls, resource tracking, reporting and analytics. The company also supplies fire protection, security and other system integration solutions to its customer base of healthcare facilities, educational institutions and corporations.
Stuart Carlin, managing director of the Bundy Group, said: “Systems Electronics is recognized as one of the leading providers of system integration services for many of the leading healthcare systems in the Mid-Atlantic. , security and safety, will allow CTSI to further strengthen its position in the South East. ” Stewart added: “Our team has worked diligently on this deal to deliver options that would achieve shareholders’ goals and find a buyer who would preserve the culture and business Mike Strickland and his team have been growing for the past 50 years. CTSI has made a great investment in Systems Electronics, and we look forward to the two organizations growing together. ”
Mike Strickland, president of Systems Electronics, said: “The Bundy Group has taken care to explain every step of the sales process and serve as a soundboard for our team at all points. added: “The professionalism of this process combined with the Bundy Group’s commitment to our team has led to a result that has exceeded our expectations. Without reservation, I would recommend the Bundy Group to any business owner who is considering a sale. ”
He led the deal Stuart Carlin, Clint Bundyand Jim Malensmanaging director of the Bundy Group. Lorenz Bikiku and Megan Hagemannvice presidents of the Bundy Group, also worked on the transaction group.
Bundy Group has significant experience in healthcare, system integration, automation and fire safety, security and safety, and has previously advised clients such as MR Systems, Commercial Fyr-Fyters, Catawba Research and Dorsett Controls. For more information on our industry expertise and other recent transactions, visit Industry Expertise – Bundy Group.
About Bundy Group
Bundy Group is an industry investment bank that specializes in representing business owners and management groups in sales, acquisitions and raising capital. With more than 250 closed deals over the past 32 years, the main goal of the Bundy Group is to provide high-quality options and actionable ideas, as well as the optimal strategic fixture at the highest cost for our customers.
Bundy Group Securities, LLC, is a registered broker-dealer and a member of FINRA and SIPC. Check out information about Bundy Group Securities, LLC at BrokerCheck FINRA. Reviews may not reflect the experience of other customers and are not a guarantee of future performance or success.
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SOURCE Bundy Group