NEW YORK–(Small business WIRE)–Unlimited Technological innovation, Inc. (“Unlimited Technology”), 1 of the nation’s main suppliers of safety programs integration methods, currently introduced their partnership with Virginia-centered Built-in Safety Technologies, Inc. (“IST”), a security integrator specializing in government, healthcare, training, data center and commercial sectors. This partnership is the to start with for Endless Engineering, which not long ago gained an financial commitment from personal equity funds managed by Lee Equity Partners.
IST is a person of the nation’s most reliable impartial safety integrators and layouts, integrates, installs, and maintains comprehensive remedies for the most elaborate IT, electronic, actual physical and cybersecurity worries. With a unique full lifecycle approach to make certain absolute safety, IST delivers the most innovative stability and safety methods, including total doorway openings, integrated and logical access management, online video surveillance, intrusion detection, and compliance tracking. SDM Magazine rated IST as the #16 Major Program Integrator in North The united states for 2021.
Compelling Strategic In shape
The mix is observed by both organizations as a solid strategic in good shape, aligning with Unlimited’s system to supply safety solutions with premier buyer company and impressive systems to essential infrastructure end markets. IST’s skilled administration group, together with CEO Alexander Oppenhimer, COO Michael Margolis, Chief Tactic Officer Michael Ruddo, and President Jon Langhorst, will carry on to direct IST and will retain significant fairness possession in the go-ahead organization.
“This partnership expands our management situation in the Japanese Seaboard and provides knowledge serving the hugely controlled Federal Authorities sector. We are psyched to companion with IST’s staff of very skilled, seasoned safety gurus who have effectively managed hundreds of sophisticated, massive-scale built-in safety and IT initiatives all through the United States,” explained John Palumbo, CEO of Limitless Know-how.
“Since our founding in 1997, IST has grown to develop into the biggest unbiased systems integrator in the Washington, D.C. location. We evaluated a lot of strategic possibilities for the upcoming of IST and are happy to have picked Unlimited Technology as the finest partner to advance our shared eyesight,” claimed Alexander Oppenhimer, CEO of IST. “We appear forward to partnering with John and the total Limitless Technology team to broaden our put together consumer bases, geographic footprint, and support offerings.”
“Unlimited and IST share a sturdy determination to supplying the optimum high quality of technological know-how answers and excellent shopper company, as evidenced by their very long-time period client relationships, building the partnership a normal match,” mentioned Ryan Fossella, Principal at Lee Fairness.
Economical conditions of the transaction have been not disclosed. Sandra Jones and Corporation acted as Fiscal Advisor to IST.
About Endless Technological innovation
Endless Technological innovation is a most effective-in-class provider of actual physical stability, network safety, cybersecurity, managed solutions, and compliance solutions with an emphasis within the important infrastructure sector. Endless Technological innovation offers conclude-to-end technologies options to satisfy the in depth security demands of their customer. Endless Technologies is headquartered in Chester Springs, PA and serves a assorted shopper base throughout North The us, which includes crucial infrastructure, transportation, business true estate, fiscal, municipal, and schooling conclude-marketplaces. For extra data, pay a visit to www.UTIGlobal.com.
About LEE Equity Companions
Lee Fairness Partners is a New York-primarily based private fairness company that companions with profitable management groups to make companies with robust progress possible. Lee Fairness targets equity investments of $50 million to $150 million in center-market place regulate buyouts and expansion funds financings in businesses with enterprise values of $100 million to $500 million that are found largely in North The usa. The business invests in a selection of industries where the workforce has deep associations designed above many years, such as business products and services, monetary expert services, and health care providers. Pay a visit to www.LeeEquity.com.