Tuesday, April 24, 2018

Netwatch Creates New Company, Rolls Up Security Monitoring Companies

Lake Forest-based Netwatch said today that it has launched a new company, comprised of four visual monitoring companies in the video security area. The new company is backed by private equity funding from The Riverside Company. According to Netwatch, the new company is made up of Netwatch (Ireland), NMC (United States), CalAtlantic (United States) and Onwatch Multifire (United Kingdom). Financial details of the rollup were not announced. Netwatch's North American headquarters will be based in Lake Forest, but the company's global headquarters will be in Carlow, Ireland.

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