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Agreement signedPublished 17 Sep 2026

Carlyle and CVC DIF /
BauWatch

Carlyle and CVC DIF agreed to buy BauWatch from German family equity firm Haniel, with Haniel keeping a 10% stake, the firms announced Sept. 17, 2026.

Terms
Undisclosed
Stage
Agreement signed
Seller
Haniel
Carlyle logo
BuyerCarlyle
Al Ghelani
CEO, BauWatchAl Ghelani
Source · 17 Sep 2026
See the source
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Carlyle logo
BuyerCarlyle
Al Ghelani
CEO, BauWatchAl Ghelani
01 / BuyerCarlyle and CVC DIF
02 / SellerHaniel
03 / TargetBauWatch
01

What happened

Close is expected in Q1 2027, subject to regulatory approvals. Terms weren't disclosed.

BauWatch is Europe's leader in remote video surveillance for construction sites and infrastructure, with more than 15,000 active systems across 12 markets. Al Ghelani stays CEO through the handoff.

Who bought BauWatch?

Carlyle and CVC DIF agreed to acquire BauWatch from Haniel (Agreement signed, posted 17 Sep 2026).

02

The source

01
Source

Carlyle and CVC DIF agreed to buy BauWatch from German family equity firm Haniel, with Haniel keeping a 10% stake, the firms announced Sept. 17, 2026.

Original filingUnlock with Pro
03

Timeline

Dates marked ahead haven’t happened yet.

  1. Announced

  2. Published by the source

  3. Expected close

The same firms, in other posted deals

  1. Carlyle · buyer · Carlyle / ManTech International CorporationBefore this deal
  2. Carlyle · buyer · Carlyle / WorldpacBefore this deal
  3. Carlyle · buyer (backer) · Avenrock Energy (Carlyle-backed) / Parallax EnergyBefore this deal
  4. CVC DIF · buyer · CVC DIF / CernavalAfter this deal
  5. Carlyle · seller · Mazarine Energy / Black Sea Oil & GasAfter this deal
  6. Carlyle · seller · Oak Hill Capital / WyyerdAfter this deal
04

Deal Web

Every firm and person on this deal, and how they connect. Open any name to see their other deals.

Deal Web · 4 firms · 1 personHover a name to see how it connects
This dealCarlyle and CVC DIF / BauWatchAgreement signed · Published 17 Sep 2026
BuyerCarlyleBuyerCVC DIFTargetBauWatchSellerHanielCEO, BauWatchAl Ghelani
This dealCarlyle and CVC DIF / BauWatch

Agreement signed · Carlyle and CVC DIF agreed to acquire BauWatch from Haniel (Agreement signed, posted 17 Sep 2026).

Announced 17 Sep 2026
Timeline
  1. Announced
  2. Posted on @carrywatch
  3. Expected close
Hover or tap a name to see how it connects, and when
Deal Web as a list
  • Carlyle (Buyer) agreed to acquire this deal. Carlyle: 6 deals on Carrywatch.
  • CVC DIF (Buyer) agreed to acquire this deal. CVC DIF: 2 deals on Carrywatch.
  • BauWatch (Target) target this deal. BauWatch: 1 deal on Carrywatch.
  • Haniel (Seller) selling this deal. Haniel: 1 deal on Carrywatch.
  • Al Ghelani (CEO, BauWatch) named in post this deal. Al Ghelani: named in 1 post on Carrywatch.
Next / Profile

Al Ghelani

CEO, BauWatch