- Haniel to retain a 10% stake in BauWatch following the sale
- Revenue grew from €59m to €153m in 2025 under Haniel’s ownership
- Equity comes from Carlyle Europe Partners and CVC DIF’s Value-Add IV fund
Carlyle and CVC DIF have agreed to acquire BauWatch, a provider of technology-enabled remote video surveillance, from Haniel. Haniel, a German family equity company, will retain a 10 percent minority stake in BauWatch.
BauWatch helps protect large-scale construction sites and infrastructure such as power plants, substations and renewable energy assets through an integrated platform combining remote video surveillance, AI-enabled monitoring and 24/7 alarm response services.
Haniel acquired BauWatch in 2021 and worked with the company’s management team to scale the business, investing in new technologies and expanding into additional European markets. BauWatch now operates in 12 European markets, runs more than 15,000 active surveillance systems and has completed over 50,000 projects. Revenue grew from €59 million to €153 million in 2025 under Haniel’s ownership.
Carlyle’s investment will come from the Carlyle Europe Partners platform, which targets European mid-market opportunities. CVC DIF’s equity will be provided by its Value-Add IV fund, which invests in mid-market infrastructure companies with strong competitive positions and growth potential, often through buy-and-build strategies.
“BauWatch sits at the intersection of several attractive long-term trends, including the growing demand for security across construction, infrastructure and renewable energy, and Europe’s broader need for physical resilience,” said Simon Pex, managing director at Carlyle, in a statement. “The company has built a market-leading technology platform and a reputation for innovation and operational excellence.”
“BauWatch is the European leader in mobile security and combines many of the qualities we value in infrastructure investments: a key service, a scalable platform and highly recurring revenues underpinned by a substantial, well-invested asset base,” said Stefan Moosmann, head of DACH at CVC DIF, in the statement. “The company is well-positioned to benefit from attractive long-term demand trends.”
The transaction is subject to customary regulatory approvals and is expected to close in the first quarter of 2027.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.