NEW YORK–(Enterprise WIRE)–Limitless Know-how, Inc. (“Unlimited Technology”), 1 of the nation’s foremost companies of safety programs integration options, these days declared their partnership with Virginia-based mostly Integrated Safety Technologies, Inc. (“IST”), a protection integrator specializing in government, healthcare, instruction, data middle and industrial sectors. This partnership is the initially for Unrestricted Know-how, which just lately obtained an investment from private fairness funds managed by Lee Equity Associates.
IST is 1 of the nation’s most reliable impartial protection integrators and patterns, integrates, installs, and maintains in depth answers for the most sophisticated IT, digital, bodily and cybersecurity challenges. With a exclusive whole lifecycle strategy to be certain absolute safety, IST offers the most highly developed safety and security systems, together with total doorway openings, integrated and sensible entry manage, movie surveillance, intrusion detection, and compliance tracking. SDM Journal rated IST as the #16 Top rated System Integrator in North The usa for 2021.
Powerful Strategic Healthy
The combination is viewed by the two corporations as a solid strategic healthy, aligning with Unlimited’s technique to deliver protection solutions with leading shopper provider and modern systems to critical infrastructure finish markets. IST’s experienced management staff, together with CEO Alexander Oppenhimer, COO Michael Margolis, Main System Officer Michael Ruddo, and President Jon Langhorst, will proceed to direct IST and will retain significant fairness ownership in the go-forward business.
“This partnership expands our management posture in the Eastern Seaboard and adds skills serving the extremely regulated Federal Governing administration sector. We are fired up to partner with IST’s group of remarkably educated, seasoned stability gurus who have correctly managed hundreds of complex, big-scale built-in protection and IT projects all over the United States,” claimed John Palumbo, CEO of Unlimited Know-how.
“Since our founding in 1997, IST has grown to develop into the most significant unbiased systems integrator in the Washington, D.C. area. We evaluated several strategic alternatives for the upcoming of IST and are pleased to have picked Unlimited Technologies as the most effective spouse to progress our shared eyesight,” stated Alexander Oppenhimer, CEO of IST. “We appear ahead to partnering with John and the entire Unrestricted Engineering crew to broaden our mixed customer bases, geographic footprint, and services choices.”
“Unlimited and IST share a potent determination to delivering the optimum top quality of know-how alternatives and remarkable shopper support, as evidenced by their long-expression client relationships, building the partnership a organic in shape,” said Ryan Fossella, Principal at Lee Equity.
Financial phrases of the transaction were not disclosed. Sandra Jones and Company acted as Economic Advisor to IST.
About Unrestricted Technological know-how
Endless Technologies is a best-in-course company of bodily safety, network security, cybersecurity, managed services, and compliance options with an emphasis inside the vital infrastructure sector. Unlimited Technology provides conclusion-to-close technologies solutions to satisfy the extensive security demands of their customer. Limitless Engineering is headquartered in Chester Springs, PA and serves a various client base across North America, such as crucial infrastructure, transportation, professional actual estate, economic, municipal, and instruction conclude-marketplaces. For additional information, pay a visit to www.UTIGlobal.com.
About LEE Equity Partners
Lee Equity Partners is a New York-based private equity agency that associates with profitable administration teams to develop corporations with solid growth possible. Lee Equity targets fairness investments of $50 million to $150 million in middle-industry handle buyouts and progress money financings in businesses with organization values of $100 million to $500 million that are positioned mostly in North America. The organization invests in a assortment of industries where by the staff has deep interactions formulated more than decades, which include business companies, money services, and health care expert services. Pay a visit to www.LeeEquity.com.