Bosch security and communications business acquired by Triton
James Thorpe
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Triton has signed an agreement to acquire the security and communications technology product business from Bosch Group (BSCT).
The transaction – which is subject to regulatory approvals and customary closing conditions – is expected to be closed by the end of the first half of 2025.
BSCT is a leading provider of security and professional communication solutions.
“The preferred buyer for BSCT”
The company has 4,300 employees in 90 locations and generates more than €1b in revenues.
BSCT’s products are renowned for high-quality and reliability standards and technological leadership.
“We are pleased to have reached an agreement with Bosch and to be the preferred buyer for BSCT,” said Claus von Hermann, Managing Partner and Co-lead of the Industrial Tech team, Triton.
“We want to support the management and employees to continue the strong growth trajectory that BSCT recently saw by providing not only capital, but also our know-how from having owned and successfully developed other companies in the security space.”
“A reliable partner for our customers”
“It was our aim to find a suitable buyer who will acquire all three security and communications technology business units and offer their associates an outlook for the future,” added Christian Fischer, Deputy Chairman of the Board of Management, Robert Bosch GmbH.
“We have achieved that aim. Triton has presented a sustainable and credible growth strategy for the business,” continued Fischer.
“As an investor, moreover, it can provide a high level of industrial expertise and many years of experience in taking comparable companies forward.”
“With Triton as our new owner, its expertise and support we will have a strong base for further, profitable growth,” remarked Peter Loeffler, CEO of Bosch Building Technologies’ product business.
“We will work together to push ahead with innovations in the security and communications area – to the usual high-quality standards and with comprehensive expertise.
“The entire team is looking forward to making our new company a success and will remain a reliable partner for our customers.”
“At the core of our investment strategy”
Triton has years of experience in carving out businesses from blue-chip corporations.
According to the company, almost half of all Mid-Market investments made since Triton’s inception over 25 years ago have been carve-outs.
“BSCT is at the core of our investment strategy to further develop market leading companies while Security and Professional Audio are focus areas within Triton’s Building Technology sector strategy,” concluded Sachin Jivanji, Investment Advisory Professional, Triton.
“We do see significant market growth in the years ahead and believe BSCT is well positioned to capitalise on this.
“Our goal is to invest in the company’s brands, technology, sales force and go-to-market strategies.”
