NEW YORK–(Small business WIRE)–Lee Fairness Associates, LLC (“Lee Equity”), a expansion middle industry non-public equity agency, introduced currently that cash managed by the business have obtained a bulk possession fascination in Limitless Technologies, Inc. (“Unlimited Technology”) primarily based in Chester Springs, PA. SDM Journal ranked Endless Technological know-how as the #7 Best Process Integrator in North The us for 2021. Limitless Technology’s protection programs integration alternatives include built-in access regulate & movie, intercom & communications, perimeter safety assessments, daily life safety techniques, network integration, cybersecurity and managed solutions. Endless Technology finished about 1,400 devices integration tasks in 2020 for purchasers in the critical infrastructure, transportation, industrial authentic estate, financial, municipal, and education and learning end-markets. Unlimited Technology’s providing includes Exero, an market top, cloud-dependent SaaS Health and fitness-Centered Checking Procedure, to enhance operational effectiveness and provide shoppers with actual-time insights throughout IoT gadgets. In January 2021, Limitless Technological know-how and Exero partnered with IronNet and DirectDefense to offer the Organization Stability Program Evaluate (“ESPR”), a 4-phased strategy to a more robust organization safety application. With its industry major placement, aggressive differentiation, and aim on consumer assistance, Unrestricted Engineering is effectively positioned for continued organic and natural and acquisition-pushed progress.
Limitless Technology’s expert senior management group, led by John Palumbo, President, will keep on to lead the organization and will retain significant equity ownership in the company. John Palumbo will believe the function of Chief Govt Officer submit-transaction. Monetary conditions of the transaction were not disclosed.
“Since our founding in 1999, Endless Know-how has been a single of the quickest growing and most productive stability techniques integrators thanks to our commitment to purchaser service and our capacity to direct with the most current stability technologies alternatives,” said John Palumbo, President of Limitless Technologies. “Our lengthy-expression interactions with global buyers and partnerships with field-main protection suppliers exhibit our determination to giving the highest good quality of engineering solutions to our discerning shoppers. With Lee Equity’s awareness and working experience in the stability integration and asset-gentle facility expert services sectors, we appear forward to continuing to serve our loyal shoppers and expanding into additional marketplaces.”
“I am very pleased to be passing the torch onto our existing management who will be supported by a perfectly-proven, properly-funded, and expansion-driven investment decision group,” said Richard Rockwell, previous majority shareholder and retiring Chairman of the Board. “Unlimited Technological know-how, as an firm, has proven by itself as a forward pondering and modern chief in the industry. The business is sturdy and properly positioned to build on the basis we have built over the previous 10 many years. I am confident that Unlimited Technology will carry on to elevate the bar for its shoppers, staff members and suppliers even though innovation and best-in-course purchaser centric services.”
“Endless Technological innovation is a highly differentiated stability devices integrator with abilities to deal with the convergence of actual physical security with community safety and cybersecurity. Limitless offers its clients with a a single-stop, complete alternative for all of these technological know-how needs, along with managed services and remarkable client provider,” said Yoo Jin Kim, a Partner at Lee Fairness. “We seem ahead to working with John and the total Limitless Technological know-how workforce to grow Unlimited Technology’s client base, geographic footprint and assistance choices.”
Security units integration has been an energetic investment decision thesis for Lee Equity for quite a few many years. James Rothstein, a 30-calendar year govt in the security industry and Chairman-Elect of the Safety Market Affiliation, joined Lee Equity as an Running Associate in April 2021. Mr. Rothstein performs completely with Lee Fairness to resource and examine investments in the fire and lifestyle security products and services section and will provide as a Board Member of Unlimited Technologies. Invoice Bozeman, who served as the CEO of PSA Safety Community for extra than 20 years, will also serve as a Board Member of Limitless Technology.
Imperial Money acted as exceptional advisor to Limitless Technologies.
About Limitless Engineering
Unrestricted Technology is a most effective-in-course provider of bodily stability, network safety, cybersecurity, managed companies, and compliance methods with an emphasis within just the important infrastructure sector. Unrestricted Engineering delivers close-to-end engineering alternatives to meet the comprehensive safety necessities of their buyer. Limitless Know-how is headquartered in Chester Springs, PA and serves a numerous purchaser base throughout North The usa, including important infrastructure, transportation, industrial genuine estate, financial, municipal, and training conclude-marketplaces. For additional facts, pay a visit to www.UTIGlobal.com.
About LEE Equity Partners
Lee Fairness Associates is a New York-based non-public fairness firm that companions with prosperous administration teams to make firms with strong development potential. Lee Equity targets equity investments of $50 million to $150 million in middle-market place command buyouts and progress cash financings in corporations with company values of $100 million to $500 million that are located generally in the United States. The company invests in a selection of industries where by the group has deep associations created more than a long time, like business enterprise expert services, money solutions, and health care expert services. Stop by www.LeeEquity.com.