Parties
Company
Versaterm Public Safety
Company
Banneker Partners
Company
CI Technologies Inc.
On March 16, 2023, Versaterm Public Safety, a leader in global public safety solutions, announced its acquisition of CI Technologies, a company specializing in professional standards, internal affairs, wellness, and early intervention software for public safety agencies. This acquisition encompasses CI Technologies' full range of solutions including IAPro NextGen, Public Portal, BlueTeam, EIPro, and MakeNOTE. These solutions are designed to assist agencies in maintaining professional standards and integrity. By integrating these solutions into Versaterm's extensive public safety ecosystem, the acquisition aims to enhance agency operations, improve efficiency and effectiveness, and bolster community service, engagement, and safety.
Warren Loomis, President & CEO of Versaterm Public Safety, emphasized the company's ongoing commitment to addressing the current and future challenges of the public safety community. He noted that incorporating CI Technologies' best-in-class solutions into the Versaterm ecosystem will lead to seamless workflows and continuous improvements for their public safety partners.
CI Technologies, founded in 1992, has its solutions employed by over 950 public safety agencies in the United States, Canada, Australia, and New Zealand. Michael Blumberg, Founder and CEO of CI Technologies, expressed enthusiasm for the company's new chapter, emphasizing their shared goal of supporting public safety agencies and ensuring positive community experiences.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
16 March 2023