Lee Equity Acquires Unlimited Technological innovation4 min read
NEW YORK–(Small business WIRE)–Lee Equity Companions, LLC (“Lee Equity”), a progress middle sector non-public fairness business, announced today that money managed by the company have acquired a greater part ownership fascination in Endless Know-how, Inc. (“Unlimited Technology”) centered in Chester Springs, PA. SDM Journal rated Endless Technologies as the #7 Major System Integrator in North The united states for 2021. Endless Technology’s protection devices integration answers include things like built-in entry management & video, intercom & communications, perimeter safety assessments, life basic safety systems, community integration, cybersecurity and managed services. Unlimited Know-how finished about 1,400 methods integration jobs in 2020 for clients in the important infrastructure, transportation, business genuine estate, monetary, municipal, and schooling close-markets. Unlimited Technology’s offering incorporates Exero, an business main, cloud-based mostly SaaS Health and fitness-Primarily based Checking Technique, to boost operational effectiveness and present clients with real-time insights across IoT units. In January 2021, Unrestricted Technological know-how and Exero partnered with IronNet and DirectDefense to offer you the Organization Safety Program Evaluate (“ESPR”), a four-phased solution to a more robust business safety program. With its marketplace foremost placement, aggressive differentiation, and aim on consumer support, Endless Technologies is properly positioned for ongoing organic and acquisition-driven expansion.
Unlimited Technology’s skilled senior management team, led by John Palumbo, President, will go on to guide the organization and will keep meaningful equity ownership in the enterprise. John Palumbo will suppose the function of Chief Govt Officer submit-transaction. Economic phrases of the transaction ended up not disclosed.
“Considering that our founding in 1999, Endless Technological innovation has been a single of the fastest rising and most profitable stability systems integrators due to our commitment to customer service and our means to direct with the newest stability technological innovation solutions,” said John Palumbo, President of Endless Technologies. “Our very long-phrase interactions with global shoppers and partnerships with marketplace-major security suppliers demonstrate our motivation to delivering the maximum good quality of technologies methods to our discerning customers. With Lee Equity’s expertise and experience in the stability integration and asset-light-weight facility companies sectors, we glance forward to continuing to serve our loyal shoppers and growing into further markets.”
“I am proud to be passing the torch onto our current administration who will be supported by a effectively-established, effectively-funded, and development-driven expenditure organization,” stated Richard Rockwell, former the greater part shareholder and retiring Chairman of the Board. “Unlimited Technologies, as an firm, has established alone as a forward pondering and ground breaking chief in the marketplace. The firm is strong and perfectly positioned to develop on the foundation we have designed over the previous ten several years. I am confident that Limitless Engineering will proceed to raise the bar for its clients, personnel and suppliers however innovation and greatest-in-course shopper centric service.”
“Endless Technological know-how is a extremely differentiated stability techniques integrator with abilities to address the convergence of physical security with network protection and cybersecurity. Unrestricted delivers its purchasers with a a single-halt, comprehensive remedy for all of these technologies requirements, together with managed solutions and superb customer support,” said Yoo Jin Kim, a Spouse at Lee Fairness. “We search ahead to performing with John and the total Unlimited Technology team to develop Unlimited Technology’s shopper base, geographic footprint and assistance choices.”
Protection units integration has been an energetic financial commitment thesis for Lee Equity for various several years. James Rothstein, a 30-yr government in the protection marketplace and Chairman-Elect of the Safety Industry Association, joined Lee Fairness as an Running Husband or wife in April 2021. Mr. Rothstein functions exclusively with Lee Fairness to resource and evaluate investments in the hearth and lifetime safety companies section and will provide as a Board Member of Unrestricted Engineering. Invoice Bozeman, who served as the CEO of PSA Protection Network for far more than 20 yrs, will also serve as a Board Member of Unlimited Technologies.
Imperial Capital acted as special advisor to Unrestricted Know-how.
About Unrestricted Technologies
Unlimited Technologies is a very best-in-course provider of actual physical safety, network stability, cybersecurity, managed companies, and compliance remedies with an emphasis within the crucial infrastructure sector. Unrestricted Technology supplies finish-to-conclude technological know-how options to satisfy the complete protection demands of their customer. Unrestricted Technological know-how is headquartered in Chester Springs, PA and serves a diverse purchaser base throughout North The us, together with vital infrastructure, transportation, professional real estate, economic, municipal, and schooling end-markets. For extra information, visit www.UTIGlobal.com.
About LEE Equity Companions
Lee Equity Companions is a New York-based mostly personal fairness organization that companions with profitable administration groups to create corporations with strong advancement likely. Lee Equity targets fairness investments of $50 million to $150 million in center-marketplace manage buyouts and expansion funds financings in businesses with organization values of $100 million to $500 million that are found primarily in the United States. The business invests in a variety of industries exactly where the staff has deep interactions made about many years, including small business expert services, economical solutions, and health care expert services. Take a look at www.LeeEquity.com.