At the time of the transaction, CTS was the largest provider of scanning and calibration services to collision centers for Advanced Driver Assistance Systems (“ADAS”) in the State of Hawaii. Oval Partners is a multifamily office investment firm based in Palo Alto that provides liquidity, growth capital, acquisition funding and expertise to founders of growing businesses in order to enhance strategic and financial value. With the backing of Oval Partners, CTS plans to expand rapidly by opening greenfield locations and by acquiring existing businesses in strategic markets in the United States.