NEW YORK–(Enterprise WIRE)–Lee Equity Associates, LLC (“Lee Equity”), a expansion center market non-public equity organization, introduced these days that resources managed by the firm have acquired a the greater part ownership curiosity in Unrestricted Technological innovation, Inc. (“Unlimited Technology”) based in Chester Springs, PA. SDM Magazine ranked Endless Technologies as the #7 Top rated Technique Integrator in North America for 2021. Unrestricted Technology’s safety devices integration answers include built-in access handle & video clip, intercom & communications, perimeter protection assessments, lifestyle safety devices, community integration, cybersecurity and managed providers. Unlimited Technologies completed in excess of 1,400 devices integration tasks in 2020 for customers in the essential infrastructure, transportation, industrial actual estate, money, municipal, and education and learning end-markets. Unrestricted Technology’s giving features Exero, an market main, cloud-centered SaaS Wellbeing-Based mostly Checking Program, to maximize operational performance and supply clients with serious-time insights across IoT equipment. In January 2021, Limitless Engineering and Exero partnered with IronNet and DirectDefense to give the Organization Stability Software Critique (“ESPR”), a 4-phased tactic to a more powerful enterprise protection application. With its sector major posture, competitive differentiation, and concentrate on customer services, Endless Technological know-how is well positioned for ongoing natural and acquisition-driven advancement.
Unlimited Technology’s expert senior administration group, led by John Palumbo, President, will continue on to direct the organization and will retain significant fairness ownership in the enterprise. John Palumbo will presume the function of Main Executive Officer write-up-transaction. Money phrases of the transaction were not disclosed.
“Due to the fact our founding in 1999, Unrestricted Technologies has been a person of the quickest rising and most thriving protection units integrators due to our dedication to shopper services and our means to lead with the latest stability technologies remedies,” explained John Palumbo, President of Endless Engineering. “Our long-term associations with global buyers and partnerships with field-leading safety suppliers demonstrate our commitment to delivering the best high quality of technological know-how solutions to our discerning clients. With Lee Equity’s understanding and experience in the security integration and asset-light-weight facility products and services sectors, we glimpse forward to continuing to serve our faithful clients and growing into more markets.”
“I am very pleased to be passing the torch on to our existing management who will be supported by a perfectly-established, well-funded, and development-driven investment business,” said Richard Rockwell, former vast majority shareholder and retiring Chairman of the Board. “Unlimited Technological know-how, as an business, has founded itself as a forward pondering and modern chief in the business. The enterprise is sturdy and well positioned to construct upon the foundation we have constructed above the past 10 years. I am self-assured that Unlimited Technologies will continue on to increase the bar for its customers, staff members and suppliers nevertheless innovation and very best-in-course shopper centric provider.”
“Unlimited Engineering is a remarkably differentiated stability systems integrator with capabilities to deal with the convergence of bodily stability with community safety and cybersecurity. Unrestricted supplies its clients with a just one-halt, in depth remedy for all of these technological know-how needs, along with managed providers and remarkable consumer provider,” claimed Yoo Jin Kim, a Associate at Lee Fairness. “We glance forward to performing with John and the complete Unrestricted Technological innovation group to extend Unrestricted Technology’s client base, geographic footprint and services choices.”
Stability programs integration has been an energetic investment decision thesis for Lee Fairness for a number of many years. James Rothstein, a 30-12 months government in the safety business and Chairman-Elect of the Stability Market Affiliation, joined Lee Fairness as an Running Associate in April 2021. Mr. Rothstein operates completely with Lee Equity to source and consider investments in the hearth and daily life security expert services phase and will serve as a Board Member of Limitless Technological know-how. Monthly bill Bozeman, who served as the CEO of PSA Protection Network for more than 20 several years, will also serve as a Board Member of Endless Technological innovation.
Imperial Cash acted as distinctive advisor to Limitless Technological innovation.
About Endless Know-how
Unlimited Technologies is a greatest-in-class supplier of actual physical protection, community safety, cybersecurity, managed services, and compliance methods with an emphasis in just the crucial infrastructure sector. Endless Engineering presents close-to-stop know-how answers to fulfill the thorough protection prerequisites of their shopper. Limitless Engineering is headquartered in Chester Springs, PA and serves a assorted shopper base across North The usa, such as crucial infrastructure, transportation, commercial authentic estate, monetary, municipal, and training finish-markets. For much more information, take a look at www.UTIGlobal.com.
About LEE Equity Companions
Lee Fairness Partners is a New York-centered non-public fairness firm that associates with thriving administration groups to build corporations with strong expansion potential. Lee Fairness targets fairness investments of $50 million to $150 million in center-sector handle buyouts and growth funds financings in firms with organization values of $100 million to $500 million that are situated largely in the United States. The company invests in a array of industries where by the group has deep relationships created more than many years, which includes small business expert services, economic providers, and health care providers. Take a look at www.LeeEquity.com.