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Pictured at the merger announcement: David Walsh, CEO, Netwatch Group, An Taoiseach Leo Varadkar, TD and Martin Scott, The Riverside Company. (Photo by Conor McCabe Photography). (photo: Conor McCabe Photography)
Pictured at the merger announcement: David Walsh, CEO, Netwatch Group, An Taoiseach Leo Varadkar, TD and Martin Scott, The Riverside Company. (Photo by Conor McCabe Photography).
23.04.2018, 18:01

Onwatch Merges with Irish and US Industry Leaders to form Global Monitoring Group

Company News, Data Centres, Cyber Security, Data Centers, EMEA, Americas, APAC
Netwatch, the Irish security monitoring company, has announced the establishment of Netwatch Group, following investment from global private equity firm The Riverside Company “Riverside”.

 

 

 

The newly formed company, Netwatch Group, unites UK based Onwatch Multifire with Netwatch (Ireland), CalAtlantic (United States) and National Monitoring Center “NMC” (United States). It will protect hundreds of thousands of sites in the United States, United Kingdom, Europe, Middle East and Africa in a wide variety of segments including government, transportation, critical infrastructure (utilities, communications, energy), manufacturing, education, stadiums, finance, retail and residential.
  

Netwatch Group will be headquartered in Carlow, Ireland.  Its North American headquarters will be located in Lake Forest, California with satellite offices in Boston, New Jersey, Dallas, Houston, and Chicago.  The company’s UK headquarters will be in East Sussex, United Kingdom. The Company will immediately have a network of six advanced Global Monitoring Centres, connected by the Netwatch proprietary CRATOS technology platform.
 

David Walsh, CEO, revolutionized the security market by introducing proactive visual monitoring and innovations such as managed services. The company invests heavily in R&D and developed proprietary technology. He was.one of the earliest pioneers in the field of proactive visual monitoring and Netwatch co-founder of Netwatch and will serve as the CEO of the new group, which is headquartered in Ireland. 
 

  
“Today we are creating a global leader in proactive monitoring services.  There is increased demand for visual monitoring from enterprise customers, driven by the continuing evolution of technology and advances such as AI, Deep Learning, 5G and IoT (Internet of Things). The combined strengths of Onwatch, NMC, CalAtlantic and Netwatch - all leaders in their respective geographies, means that we can immediately deliver industry leading proprietary technologies in proactive visual monitoring to hundreds of thousands of clients who rely on us to protect lives, assets and business operations.”
 
We will specialize in providing risk management, business continuity, security and life safety services to clients across the world.  We create a fearless environment for our customers and we will continue to innovate in pursuit of this quest. We have ambitious growth plans to expand our global footprint which we will achieve through organic growth and further acquisitions.” (David Walsh).


Crowborough based proactive visual monitoring and fire company Onwatch Multifire, with offices in the City of London, Rochester, Newport and Sunderland is a leading light in the new company.  Peter Gould, Onwatch Multifire Managing Director and Founder will continue to lead the Onwatch Multifire team as the Managing Director in East Sussex and lead the combined Netwatch and Onwatch Multifire activities in the United Kingdom. 
  
 
  
“I am 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.  In addition to having the experience of Samir and David at the helm with the backing of Riverside, we are perfectly set for our journey and taking full advantage of the clear transitions in the wider market. Combining everyone’s strengths and CRATOS, our market leading monitoring software, we will have the ability to continue to redefine, at a much larger scale, the electronic security and life safety services market within the UK and beyond". (Peter Gould).
 

Visionary and Industry influencer Samir Samhouri is the architect behind the combination and will serve as the chairman of the board for the new group. Samir Samhouri is former Chairman and CEO of Xtralis, a major leader in Early Detection Safety and Security technologies.  Xtralis was sold to a Fortune 100 company in 2016.  Samhouri has been appointed Chairman of Netwatch Group and will be one of the company’s investors

 
 
Visit www.netwatchgroup.com for additional information.
  


About The Riverside Company
 
The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 520 transactions. The firm’s international portfolio includes more than 75 companies. Riverside has a track record of international technology investments, having completed more than 85 in its history. The deal is led by UK and Ireland Partner Dr. Martin Scott, who alongside Principal Laura Dillon, will sit on the board of the new group.





Netwatch Group

About Netwatch Group

Netwatch is a world leader in remote visual monitoring. The company was the first company in Europe to combine specialist video processing technologies with satellite communications to provide preventative, immediate and cost effective protection solutions for clients. Netwatch d operates in four continents, with clients across Europe, South Africa, the Middle East and the USA. The Netwatch mission is to create a fearless environment’ where clients can feel safe and secure in their business. Netwatch Group was formed following the merger of Netwatch (Ireland), NMC (California), CalAtlantic (Texas) and Onwatch Multifire (UK). Netwatch Group serves over hundreds of thousands of clients and a network of over 1,000 resellers across the USA. The Group operates a network of six global monitoring centres connected by the Cratos platform. The Netwatch Group Leadership team will include industry veterans: Woodie Andrawos, Managing Director and President, NMC in California; Daniel Goodhall, Managing Director of CalAtlantic in Texas; Peter Gould, Managing Director, Onwatch Multifire in Sussex United Kingdom and Niall Kelly, Co-Founder and Chief Technology Officer, Netwatch in Carlow, Ireland Netwatch Group Companies include Onwatch Multifire which offers a full range of security, life safety products and systems throughout the United Kingdom and Europe, and is supported by a branch network from the North East, through the Midlands, Kent and down to Sussex where the headquarters and the Cat2 BS5979 CCTV monitoring centre are sited; Onwatch Multifire which provides a full suite of services, including full design, installation, management and aftercare maintenance with a focus on the commercial, industrial and service industry sectors; CalAtlantic Security Solutions which is one of the United States' leading firms in loss prevention and remote monitoring solutions and pioneers in the field of applied video analytics - helping some of the country's top auto groups, logistics operations, and others save millions every year by preventing loss and accidents; Carlow headquartered Netwatch which was founded in 2003 by David Walsh and Niall Kelly after a friend was attacked responding to an alarm at his business premises and revolutionised the Irish security market by introducing the first ‘real time’ remote visual monitoring system that, unlike static security cameras, allowed for interventions to take place immediately the security perimeter was breached; and National Monitoring Center (NMC) which was founded in 2001 and has risen to become the premier 3rd party central monitoring company in the nation. Visit netwatchgroup.com for additional information.

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