Kartesia continues to support Clearway with acquisition of Secontec - Kartesia
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Kartesia continues to support Clearway with acquisition of Secontec

Portfolio Publications
08.01.2024

Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce it has provided additional capital to portfolio company, The Clearway Group (or “the Company”), to partially fund the acquisition of Secontec, a provider of remote video surveillance and CCTV Towers across Germany and Austria. Headquartered in London, Clearway is a leading commercial security services provider specialising in protecting people, property, and assets and has been part of Kartesia’s portfolio since 2020.

The company delivers tailored solutions to its customers’ needs, utilising an extensive range of specialist services, integrated with market-leading technology. The company’s critical technology-led security solutions include CCTV and alarms, temporary and permanent, to monitor, secure, and protect people, property, and assets. While Clearway currently has nationwide operations across the UK and France, the acquisition of Secontec adds Germany to the Company’s footprint along with further technical capabilities and supply chain diversification.

Since its initial investment in 2020, Kartesia has remained supportive of Clearway’s growth strategy and has continued to provide follow-on capital which has aided the Company’s impressive recent organic and inorganic growth trajectory. This latest investment is a further example of Kartesia’s conviction in Clearway’s business model and strong relationship with both management and the ownership consortium.

To further accelerate the Company’s ambition to become a leading pan-European security service provider, Kartesia has provided additional committed capital to support Clearway’s strategic growth plans going forward.

Capital for the transaction has been provided from Kartesia’s Senior Opportunities I (KSO I) strategy and Kartesia’s Senior Opportunities II (KSO II) strategy and the team consisted of Damien Scaillierez, Nick Holman, Toon Van Coillie and Tom O’Moore.

Nick Holman, Head of UK and Ireland, said, “This additional investment is a testament to the strong opportunities we see for Clearway. Under the excellent leadership of the management team, the business has demonstrated consistent organic growth, and we believe that this acquisition will accelerate that success through access to new sectors, geographies, and shared technologies. Alongside the ownership group and management, we are committed to supporting Clearway to becoming the European leader in security services.”