Big money has entered the remote video monitoring market. While remote video monitoring has been done for more than a decade, the market has remained niche.
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Now, a private equity firm with more than $7 billion of assets under management plus Samir Samhouri [link no longer available] who sold Xtralis to Honeywell for $480 million, are powering a deal consolidating 4 companies, including Ireland's Netwatch Systems and US's NMC into the Netwatch Group.
Inside this note, based on discussions with Netwatch Group's executives, we analyze their approach, key claimed differentiators and their potential to impact the remote video monitoring market.