Pavion Corp. (formerly Corbett Technology Solutions, Inc. “CTSI”), a leader in integrated fire, safety, security, and critical communications solutions, has announced its acquisition of Signet. This move significantly enhances Pavion’s leadership in healthcare critical communications and boosts its security and audiovisual system capabilities in the New England region.
Founded in 1974 by Charlie Caron and headquartered in Norwell, MA, Signet has shown consistent growth under the leadership of CEO Brad Caron, who joined in 1987. Signet, renowned for its complex systems integration in critical communications, network infrastructure, security, and audiovisual systems, now serves over 80% of acute care hospitals in New England. As it celebrates its 50th anniversary, Signet, under the day-to-day leadership of Andrew Pelletier, aligns with Pavion’s growth strategy aimed at expanding in various industry verticals.
Pavion CEO Joe Oliveri expressed his enthusiasm for the integration, stating, “We are very pleased to welcome Signet employees and customers to the Pavion team. Signet’s focus in critical communications, security, and AV significantly enhances our capabilities to deliver integration and support services for customers in the Northeast.”
Brad Caron, reflecting on the company’s legacy and future, remarked, “As we approached our 50-year anniversary milestone, I wanted to ensure Signet would maintain the energy and tenacity for continued innovation and growth that my team deserves. Joining forces with Pavion ensures the future for the employees and customers of Signet for the next 50 years. I am very excited for the future of Signet as part of the Pavion family.”
Jim Muncey, BU President, added, “Signet customers will continue to be served by the employees they’ve relied on for years, now with the enhanced support, tools, and capabilities from Pavion.”
Signet represents the 21st acquisition by Pavion since partnering with Wind Point Partners in June 2020. Pavion’s strategy to connect and protect through advanced integration solutions across 70+ U.S. locations and 22 countries, aligns with their mission to transform safety, security, and communication with leading technology and service.
This acquisition marks a significant step in Pavion’s strategy to consolidate its position as a leader in integrated solutions. By merging with Signet, Pavion not only broadens its geographic reach but also deepens its technological capabilities, promising enhanced service delivery in critical sectors such as healthcare.
Discover more from Business-News-Today.com
Subscribe to get the latest posts sent to your email.