NEW YORK–(Business enterprise WIRE)–Lee Equity Partners, LLC (“Lee Equity”), a progress center sector personal equity business, introduced today that resources managed by the organization have obtained a the greater part possession desire in Limitless Engineering, Inc. (“Unlimited Technology”) based mostly in Chester Springs, PA. SDM Magazine ranked Endless Technological innovation as the #7 Top Process Integrator in North The united states for 2021. Limitless Technology’s security methods integration methods consist of integrated accessibility management & movie, intercom & communications, perimeter security assessments, life safety devices, network integration, cybersecurity and managed providers. Unlimited Technologies accomplished in excess of 1,400 systems integration tasks in 2020 for clients in the significant infrastructure, transportation, professional real estate, money, municipal, and education close-markets. Unlimited Technology’s giving features Exero, an industry foremost, cloud-based mostly SaaS Wellness-Primarily based Checking Procedure, to raise operational performance and deliver buyers with actual-time insights across IoT devices. In January 2021, Unrestricted Technologies and Exero partnered with IronNet and DirectDefense to provide the Company Safety Application Assessment (“ESPR”), a 4-phased strategy to a more robust organization safety method. With its industry main place, competitive differentiation, and aim on customer company, Limitless Technology is properly positioned for continued natural and acquisition-driven advancement.
Limitless Technology’s knowledgeable senior administration group, led by John Palumbo, President, will continue on to guide the organization and will keep meaningful equity ownership in the enterprise. John Palumbo will assume the role of Main Government Officer put up-transaction. Economic phrases of the transaction had been not disclosed.
“Considering the fact that our founding in 1999, Endless Technological innovation has been 1 of the quickest increasing and most profitable safety devices integrators due to our dedication to customer company and our potential to direct with the hottest protection technology solutions,” mentioned John Palumbo, President of Unlimited Technologies. “Our extensive-expression interactions with global buyers and partnerships with industry-major stability suppliers demonstrate our dedication to offering the optimum high quality of technology alternatives to our discerning clientele. With Lee Equity’s knowledge and working experience in the protection integration and asset-mild facility companies sectors, we search forward to continuing to serve our loyal shoppers and increasing into additional markets.”
“I am proud to be passing the torch onto our existing administration who will be supported by a perfectly-founded, well-funded, and development-pushed financial commitment corporation,” mentioned Richard Rockwell, previous bulk shareholder and retiring Chairman of the Board. “Unlimited Know-how, as an organization, has set up alone as a ahead pondering and revolutionary chief in the marketplace. The business is strong and properly positioned to make on the foundation we have constructed over the previous 10 a long time. I am self-confident that Endless Technological know-how will proceed to increase the bar for its customers, personnel and suppliers however innovation and very best-in-course buyer centric support.”
“Endless Engineering is a hugely differentiated protection devices integrator with capabilities to address the convergence of physical safety with network protection and cybersecurity. Endless gives its clientele with a 1-prevent, complete answer for all of these technologies desires, along with managed providers and excellent purchaser company,” said Yoo Jin Kim, a Partner at Lee Fairness. “We seem ahead to functioning with John and the whole Unlimited Know-how team to develop Limitless Technology’s shopper foundation, geographic footprint and service choices.”
Stability techniques integration has been an lively financial investment thesis for Lee Equity for several several years. James Rothstein, a 30-calendar year executive in the safety business and Chairman-Elect of the Security Marketplace Association, joined Lee Fairness as an Running Companion in April 2021. Mr. Rothstein operates solely with Lee Fairness to supply and evaluate investments in the hearth and lifetime basic safety expert services section and will provide as a Board Member of Endless Know-how. Monthly bill Bozeman, who served as the CEO of PSA Stability Community for additional than 20 yrs, will also provide as a Board Member of Unlimited Technological innovation.
Imperial Funds acted as special advisor to Endless Technology.
About Unlimited Technological know-how
Endless Technological know-how is a most effective-in-class service provider of actual physical stability, network safety, cybersecurity, managed providers, and compliance remedies with an emphasis within the important infrastructure sector. Unlimited Technological know-how offers conclude-to-end technology alternatives to fulfill the in depth protection necessities of their client. Unlimited Technology is headquartered in Chester Springs, PA and serves a varied customer base across North The united states, which includes significant infrastructure, transportation, industrial genuine estate, financial, municipal, and training close-marketplaces. For much more info, take a look at www.UTIGlobal.com.
About LEE Equity Companions
Lee Equity Companions is a New York-primarily based non-public equity firm that associates with thriving management teams to develop companies with sturdy progress prospective. Lee Fairness targets equity investments of $50 million to $150 million in center-current market management buyouts and progress money 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 variety of industries wherever the team has deep interactions made about many years, like business companies, monetary solutions, and health care companies. Check out www.LeeEquity.com.