Crawford Technologies continues aggressive investment strategy with acquisition of Composition Research Technologies, Inc. (CRT)
TORONTO, ON (February 25, 2020) — Crawford Technologies, provider of innovative document solutions that streamline, improve and manage customer communications, announces it has acquired Composition Research Technologies, Inc. (CRT), a leading developer and marketer of technologies that recognize, compose, transform and archive high-volume transactional documents. Located in Southwestern Virginia, CRT develops products designed to meet the challenges of government and defense-related document production and distribution as well as the high-volume document needs of financial institutions.
The full CRT portfolio includes electronic records management, data manipulation and migration among all types of print streams. It will be added to the Crawford Technologies portfolio of workflow solutions and Crawford Technologies will be taking over the support and maintenance of CRT’s product line. Customers of both companies will benefit from the strength of the combined capabilities for automating the transformation and archiving of high-volume transactional documents while ensuring regulatory compliance and document integrity.
“CRT has grown by specializing in serving government agencies and contractors. By their nature, these organizations face data scalability problems of all kinds with the need to support millions of documents and complex databases,” said Philip Trzcinski, CEO, CRT. “With the strength of Crawford Technologies’ expertise and its advanced workflow solutions and support, this acquisition makes it possible to provide our customers with additional opportunities to be more efficient and reduce costs.”
CRT has been a reseller of CrawfordTech software since 2004. CRT will now operate as a wholly owned subsidiary of Crawford Technologies.
“Acquiring CRT highlights Crawford Technologies’ focus on growing both organically and through acquisitions. We are continually investing in new technologies and markets to enhance our offerings and help our customers improve their businesses,” said Ernie Crawford, president and CEO of Crawford Technologies. “We are excited to have CRT on board and to have the opportunity to work with their innovative products. We trust that CRT’s customers will benefit from the high levels of support that our company is able to offer them.”
About Crawford Technologies
Crawford Technologies develops solutions that help enterprises optimize and improve the secure and accessible delivery, storage and presentment of their customer communications. As an award-winning, global provider of products and services with over 1,800 customers on six continents, Crawford Technologies enables some of the world’s largest banks, insurers, healthcare providers, utilities and print services companies to reduce costs, simplify processes and streamline mission-critical communications across all channels and in all formats. For more information visit www.crawfordtech.com or LinkedIn, X or Facebook.