Global mid-market infrastructure equity fund manager CVC DIF and global investment firm Carlyle have agreed to acquire BauWatch, a European company specializing in technology-enabled remote video surveillance solutions, from Haniel, a German family equity company.
Financial terms were not disclosed, but it was confirmed that Haniel will retain a 10 percent minority stake in BauWatch.
Headquartered in Apeldoorn, the Netherlands, BauWatch helps safeguard large-scale construction projects and important infrastructure such as power plants and substations, renewable-energy assets, and other key assets through an integrated platform combining remote video surveillance, AI-enabled monitoring and 24/7 alarm response services. As security and resilience across key infrastructure become increasingly important priorities across Europe, organizations are accelerating the adoption of remote, technology-enabled security solutions.
Since acquiring BauWatch in 2021, Haniel has