Pavion Acquires Security Source

April 2023

Acquisition expands Pavion’s National Account Security Integration and Service Capabilities across the U.S.

Chantilly, Va., – Pavion (formerly Corbett Technology Solutions, Inc. “CTSI”), a leading provider of integrated solutions for fire, safety, security, and critical communications, has acquired Security Source. The acquisition enhances Pavion’s capabilities supporting national multi-location customers with fast, focused and flexible security solutions. It is the fourteenth acquisition for Pavion since partnering with Wind Point Partners (“Wind Point”) in June 2020.

Established in 2005, Security Source serves national customers with multi-site footprints through the deployment and servicing of video-based security and loss prevention solutions.

“We are excited to welcome Security Source and its customers to Pavion,” stated Pavion CEO Joe Oliveri. “Our ability to serve large global and national accounts with a best-in-class customer experience is now further strengthened by adding Security Source to our business. We look forward to working with the Security Source team to continue its growth, enhance its capabilities, and serve existing and new customers in this important industry segment.”

“We are really pleased to have Security Source, its valued employees, and customers join Pavion,” said Jim Muncey, President of the Pavion Security Business Unit. “They are now supported by Pavion’s global delivery and service capabilities, including access control, fire alarm, in-house central station, IT, and integration capabilities.”

“Security Source has driven explosive growth while supporting an impressive roster of best in breed customers, each with 100’s to 1000’s of locations,” stated Bruce Rogoff, Security Source CEO. “Our customers rely on our expertise for accelerated deployment of advanced video surveillance, video verification, and intrusion detection technology across their businesses.” When asked why Pavion, Bruce said, “Pavion represents great opportunities for the loyal employees that run our business every day and the customers they’ll continue to serve for years to come.”

Houlihan Lokey acted as financial advisor to Security Source.

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