NEW YORK–(Small business WIRE)–Lee Equity Associates, LLC (“Lee Equity”), a growth middle marketplace personal fairness company, introduced currently that cash managed by the organization have acquired a bulk ownership interest in Unlimited Technology, Inc. (“Unlimited Technology”) centered in Chester Springs, PA. SDM Magazine ranked Endless Know-how as the #7 Prime Method Integrator in North The united states for 2021. Endless Technology’s protection programs integration options include things like integrated access control & online video, intercom & communications, perimeter protection assessments, life safety devices, network integration, cybersecurity and managed providers. Unrestricted Technologies accomplished in excess of 1,400 units integration jobs in 2020 for clients in the vital infrastructure, transportation, industrial serious estate, money, municipal, and instruction end-marketplaces. Unrestricted Technology’s giving consists of Exero, an industry top, cloud-based mostly SaaS Wellness-Dependent Checking System, to maximize operational efficiency and provide shoppers with real-time insights throughout IoT gadgets. In January 2021, Unlimited Know-how and Exero partnered with IronNet and DirectDefense to offer you the Company Safety System Assessment (“ESPR”), a four-phased tactic to a much better company stability plan. With its marketplace primary position, competitive differentiation, and focus on buyer services, Limitless Technologies is very well positioned for continued organic and natural and acquisition-pushed development.
Unlimited Technology’s knowledgeable senior administration staff, led by John Palumbo, President, will proceed to lead the firm and will keep significant equity ownership in the business. John Palumbo will believe the purpose of Chief Executive Officer post-transaction. Monetary conditions of the transaction had been not disclosed.
“Considering that our founding in 1999, Limitless Technology has been 1 of the quickest increasing and most productive safety methods integrators because of to our determination to purchaser service and our ability to lead with the newest security engineering alternatives,” reported John Palumbo, President of Limitless Technological know-how. “Our lengthy-time period interactions with world-wide clients and partnerships with business-foremost stability suppliers reveal our motivation to giving the optimum good quality of know-how alternatives to our discerning clients. With Lee Equity’s knowledge and encounter in the safety integration and asset-light facility companies sectors, we glance ahead to continuing to provide our faithful consumers and expanding into more markets.”
“I am happy to be passing the torch onto our present management who will be supported by a effectively-established, effectively-funded, and growth-pushed expenditure organization,” stated Richard Rockwell, previous vast majority shareholder and retiring Chairman of the Board. “Unlimited Know-how, as an business, has founded itself as a ahead contemplating and revolutionary leader in the marketplace. The firm is powerful and nicely positioned to construct upon the foundation we have built about the previous ten several years. I am assured that Unlimited Technological know-how will continue on to raise the bar for its clients, staff and suppliers even though innovation and ideal-in-course shopper centric support.”
“Unrestricted Technological innovation is a really differentiated stability units integrator with capabilities to handle the convergence of physical protection with network security and cybersecurity. Unlimited presents its consumers with a a person-cease, thorough answer for all of these engineering demands, alongside with managed providers and superb client services,” explained Yoo Jin Kim, a Lover at Lee Fairness. “We seem ahead to working with John and the overall Unlimited Technological innovation crew to develop Endless Technology’s client foundation, geographic footprint and service choices.”
Stability units integration has been an lively financial investment thesis for Lee Equity for various years. James Rothstein, a 30-calendar year government in the protection marketplace and Chairman-Elect of the Security Field Association, joined Lee Fairness as an Running Lover in April 2021. Mr. Rothstein operates completely with Lee Fairness to source and consider investments in the fireplace and lifetime basic safety expert services phase and will provide as a Board Member of Unlimited Technologies. Monthly bill Bozeman, who served as the CEO of PSA Stability Community for more than 20 years, will also provide as a Board Member of Unrestricted Technological innovation.
Imperial Funds acted as distinctive advisor to Unrestricted Technological innovation.
About Limitless Technological innovation
Unlimited Technology is a greatest-in-class supplier of bodily stability, community stability, cybersecurity, managed providers, and compliance alternatives with an emphasis within just the crucial infrastructure sector. Limitless Technology supplies close-to-finish technological innovation answers to satisfy the extensive protection needs of their customer. Endless Engineering is headquartered in Chester Springs, PA and serves a assorted consumer foundation across North The usa, which include essential infrastructure, transportation, commercial actual estate, economical, municipal, and schooling finish-marketplaces. For additional information and facts, check out www.UTIGlobal.com.
About LEE Equity Partners
Lee Equity Associates is a New York-based mostly personal fairness business that companions with prosperous management groups to establish firms with strong development possible. Lee Equity targets equity investments of $50 million to $150 million in middle-market place handle buyouts and advancement funds financings in companies with company values of $100 million to $500 million that are situated principally in the United States. The company invests in a assortment of industries in which the staff has deep relationships made over a long time, together with organization companies, monetary companies, and healthcare providers. Pay a visit to www.LeeEquity.com.
