Cripps advises Onwatch Multifire on private equity backed global merger
Cripps advised security company Onwatch Multifire on a significant international merger which sees it become part of Netwatch Group.
The newly created group combines OnwatchMultifire and three other leading remote visual monitoring companies: Netwatch, based in Ireland, CalAtlantic and National Monitoring Center (NMC) both located in the United States.
The new Group is delivering industry leading proprietary technologies in proactive visual monitoring to hundreds of thousands of clients in the United States, United Kingdom, Europe, Middle East and Africa. Netwatch Group has a presence in a wide variety of segments including government, transportation, critical infrastructure (utilities, communications, energy), manufacturing, education, stadiums, finance, retail and residential.
The international merger was achieved with backing from global private equity firm The Riverside Company.
Peter Gould, Managing Director of Onwatch Multifire commented, “I’m really excited to be leading Onwatch Multifire and the team into a new phase of growth and development, drawing on the combined strength from three industry leading companies from around the world. Cripps provided strategic advice and counsel to Onwatch Multifire throughout the merger process.”
This is the latest in a number of deals the firm’s corporate team has advised on. For more information about our corporate team and how we can help, click here.