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PTI Security Systems
On June 1st, 2016, Source Capital announced the acquisition of PTI Security Systems (“PTI”), the leading provider of access control
and security solutions to the self-storage industry. PTI founder Lance Comstock assumed the Chairman position and continues to provide strategic guidance to the company. Franklin Young joined the company as CEO and Jeff Flowers joined as COO. PTI Security Systems will continue to develop new products to help self-storage owners work more efficiently, and allow them to market their facilities more effectively.
In October of 2011, Lance Comstock acquired the PTI and Digitech branded products from Chamberlain Access Solutions.
Chamberlain Access Solutions (CAS) was formed by The Chamberlain Group, Inc. in mid to late 2008 after acquiring both PTI Integrated Systems and Digitech International. CAS joined the two former companies under the leadership and direction of Dave Mack. CAS was responsible for the developing the Overlock (now ILock) system for self-storage along several updates to existing products.
Established in 1979, PTI became a worldwide leader in developing and manufacturing complete solutions for access control and security to customers. PTI was previously owned by Lance Comstock and provided hardware and software solutions to targeted industries. The Chamberlain Group, Inc. acquired PTI Integrated Systems in late 2007. Self storage customers recognized PTI’s controllers, APEX, VP keypads and software, as complete end to end solutions to integrate the latest technology for access control, security, video integration, wireless and TCP/IP.
For more than 20 years, Digitech was a self storage industry leader in developing and marketing access control and security systems worldwide. Digitech was acquired by The Chamberlain Group in early 2008. Branded products include automatic gates and keypads, video surveillance and recording systems, door alarms, site graphics, and on site communications systems.