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The Riverside Company Signs Definitive Agreement to Sell Remote Security Service Pioneer Netwatch

The Riverside Company (Riverside), a global investment firm focused on the smaller end of the middle market, is pleased to announce that its affiliated European fund has signed a definitive agreement to sell its investment in Netwatch, an international provider of remote security monitoring and intervention services. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions, including required regulatory approvals.

Since Riverside’s 2018 investment, Netwatch has evolved into a leading provider of AI-powered remote security intervention services, serving a broad range of industry verticals including automotive, retail, banking, manufacturing, construction, and infrastructure sectors. Since 2021, Netwatch has been led by industry veteran and CEO Kurt Takahashi, who has accelerated the group’s growth by executing an enterprise-focused sales strategy, expanding into new vertical markets, developing new use cases and building a robust network of dealer partnerships. Today, Netwatch protects more than 330,000 sites worldwide.

Nandor Hajdu, Principal of Riverside Europe, who led the transaction for Riverside, commented: “Netwatch is a pioneer in proactive video monitoring and remote security intervention services, demand for which has surged in recent years as customers increasingly seek to augment conventional security solutions. Netwatch’s services are mission-critical, providing peace of mind to businesses and individuals worldwide by delivering a differentiated, technology-driven proactive approach to site protection, risk mitigation, and workplace safety. The combination of an experienced management team, a proprietary technology platform, and an unwavering focus on customer service has created a strong foundation for the company’s continued development.”

Martin Scott, Chairman of the Board, added: “It has been a pleasure to be part of the Netwatch journey over the past several years. I feel privileged to have supported the company in enhancing its technology platform and service proposition, and in successfully expanding into the North American and international markets, both organically and through M&A.”

Karsten Langer, Managing Partner of Riverside Europe commented: “With its proprietary technology platform, multi-channel go-to-market approach, and growing international customer base, Netwatch is a differentiated asset within the security services industry. Our partnership with Netwatch is another success story in Riverside’s Safety, Security, Compliance, and Risk Mitigation (SSCRM) portfolio, demonstrating our ability to support founder-led regional champions in their transformation into international market leaders.”

Working with Hajdu and Scott on this transaction were Senior Associate Sebastiaan Pauwels, Operating Partner Philip Rowland, and Operating Partner Doug Milner.

Raymond James acted as exclusive financial advisor to The Riverside Company and Netwatch, and Jones Day and Matheson served as legal counsel.

Muellerholly Nov2023 BKG 300X450 Holly Mulroy* Consultant, Global Marketing and Communications Cleveland +1 216 535 2236 * independent contractor and not an employee of the Riverside Company

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