CTI was established in 1990 and has served as a federal government contractor, providing more than 200 clients across all 50 U.S. states with managed print services, Broadtree said Wednesday.
As a Broadtree portfolio company, CTI doubled its revenue and saw a 35 percent expansion of its workforce.
Broadtree Managing Partner Brad Batten highlighted the firm’s collaboration with CTI and attributed the portfolio company’s achievements to the strength of the CTI team and the leadership of CTI CEO Colin Murphy.
For his part, Murphy expressed pride over CTI’s success, particularly in becoming a premier provider of managed print services to the federal government.
“[We] are excited to partner with CenterGate for our next phase of growth,” he added.
The terms of CTI’s acquisition have not been disclosed.
CTI’s sale follows Broadtree’s purchase of Joint Research and Development in June. The firm looks to grow its government contracting portfolio with the acquisition of the professional services provider headquartered in Stafford, Virginia.
PDW is acquiring Vanteon to expand tactical communications capabilities The acquisition will bring expertise in RF systems, software-defined radios and…
CISA is planning a $100 million cyber operations contract supporting threat-hunting missions The requirement will provide technical and operational support…
Valiant Solutions is expanding its cybersecurity portfolio through the acquisition of BreakPoint Labs The acquisition will bring operational technology security,…
