Lee Equity Partners, a growth middle market private equity firm, announced that funds managed by the firm have acquired a majority ownership interest in Unlimited Technology Inc. based in Chester Springs, Pa. 

They say a little knowledge can be a dangerous thing. So perhaps it was fortuitous that the founding partners of Stone Security — all members of the Edmunds family in Salt Lake City — had no background in security integration when they formed the company in 2006. Steve Edmunds, a retired Air Force captain and Delta Airlines pilot, started the business with his sons and son-in-law after a brief foray into residential security, which they quickly discovered wasn’t for them.

Securitas Electronic Security, the 2019 SDM Integrator of the Year ranked No. 11 on the SDM 100, has acquired the customer contracts and certain select assets of iVerify.US, a full-service interactive security company providing life safety, loss prevention and brand protection.