NEW YORK–(Company WIRE)–Lee Equity Partners, LLC (“Lee Equity”), a advancement center market place non-public equity business, announced today that money managed by the firm have obtained a the vast majority ownership fascination in Unlimited Know-how, Inc. (“Unlimited Technology”) based in Chester Springs, PA. SDM Journal rated Unrestricted Technology as the #7 Major Procedure Integrator in North America for 2021. Endless Technology’s protection programs integration remedies involve built-in entry handle & online video, intercom & communications, perimeter safety assessments, everyday living protection programs, community integration, cybersecurity and managed companies. Unlimited Technological know-how finished around 1,400 units integration jobs in 2020 for purchasers in the vital infrastructure, transportation, business serious estate, economic, municipal, and instruction end-marketplaces. Unlimited Technology’s featuring contains Exero, an industry major, cloud-based mostly SaaS Overall health-Based Checking Procedure, to enhance operational performance and present buyers with serious-time insights throughout IoT units. In January 2021, Limitless Technological innovation and Exero partnered with IronNet and DirectDefense to supply the Business Stability Application Evaluate (“ESPR”), a four-phased method to a more powerful enterprise safety plan. With its current market primary position, aggressive differentiation, and emphasis on shopper services, Unrestricted Know-how is well positioned for continued natural and acquisition-driven development.
Unrestricted Technology’s skilled senior management workforce, led by John Palumbo, President, will continue to guide the corporation and will keep significant fairness ownership in the company. John Palumbo will presume the function of Main Govt Officer publish-transaction. Monetary conditions of the transaction were not disclosed.
“Considering the fact that our founding in 1999, Unlimited Engineering has been 1 of the quickest escalating and most successful safety units integrators because of to our determination to buyer support and our capacity to lead with the newest security know-how methods,” stated John Palumbo, President of Limitless Engineering. “Our prolonged-time period associations with world-wide clients and partnerships with sector-primary stability suppliers exhibit our dedication to offering the maximum top quality of technologies alternatives to our discerning customers. With Lee Equity’s understanding and expertise in the protection integration and asset-light-weight facility expert services sectors, we seem ahead to continuing to serve our faithful purchasers and growing into supplemental markets.”
“I am very pleased to be passing the torch on to our current administration who will be supported by a well-established, well-funded, and expansion-pushed investment firm,” explained Richard Rockwell, previous majority shareholder and retiring Chairman of the Board. “Unlimited Technological innovation, as an corporation, has proven by itself as a forward wondering and revolutionary leader in the market. The enterprise is robust and nicely positioned to construct on the basis we have designed in excess of the previous ten several years. I am assured that Limitless Technological innovation will continue on to elevate the bar for its consumers, staff and suppliers while innovation and most effective-in-course customer centric company.”
“Unrestricted Technology is a remarkably differentiated stability techniques integrator with abilities to address the convergence of actual physical stability with network security and cybersecurity. Unlimited delivers its clients with a one particular-cease, comprehensive resolution for all of these know-how demands, alongside with managed companies and fantastic consumer services,” mentioned Yoo Jin Kim, a Partner at Lee Fairness. “We glimpse forward to operating with John and the total Unlimited Technological know-how crew to broaden Limitless Technology’s consumer base, geographic footprint and services choices.”
Security programs integration has been an active financial commitment thesis for Lee Fairness for various years. James Rothstein, a 30-yr executive in the security sector and Chairman-Elect of the Security Market Association, joined Lee Fairness as an Operating Spouse in April 2021. Mr. Rothstein works exclusively with Lee Equity to resource and evaluate investments in the fireplace and existence safety companies section and will provide as a Board Member of Unrestricted Technology. Invoice Bozeman, who served as the CEO of PSA Protection Network for much more than 20 years, will also serve as a Board Member of Limitless Know-how.
Imperial Capital acted as distinctive advisor to Limitless Engineering.
About Unrestricted Technologies
Endless Technologies is a best-in-class service provider of physical protection, community stability, cybersecurity, managed solutions, and compliance answers with an emphasis in the essential infrastructure sector. Limitless Technology provides stop-to-close know-how remedies to meet up with the complete protection needs of their purchaser. Limitless Technologies is headquartered in Chester Springs, PA and serves a numerous purchaser base throughout North The usa, including critical infrastructure, transportation, professional actual estate, economic, municipal, and training conclude-markets. For much more information, stop by www.UTIGlobal.com.
About LEE Equity Partners
Lee Equity Partners is a New York-based non-public fairness business that partners with prosperous administration groups to make companies with solid advancement probable. Lee Fairness targets fairness investments of $50 million to $150 million in middle-marketplace regulate buyouts and development money financings in businesses with company values of $100 million to $500 million that are situated largely in the United States. The organization invests in a array of industries in which the team has deep associations created over a long time, which includes company providers, economic products and services, and health care companies. Pay a visit to www.LeeEquity.com.
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