Bosch has finalised the sale of its security and communications technology product business to European investment firm Triton. Initially announced in December 2024, the deal marks a new chapter for the business, which is now operating independently under the name Keenfinity.
The acquisition includes the full scope of Bosch Building Technologies’ product business – namely the Video, Access and Intrusion, and Communication units. These collectively employ around 4,300 people across more than 90 locations worldwide. All employees and operations are transferring to Triton as part of the agreement.
The transaction is still subject to regulatory approval and is expected to close by the end of the first half of 2025.
A strategic move – and a fresh start
Bosch first signalled its intention to divest these units in October 2023 as part of a strategic realignment. The company is now shifting its Building Technologies division towards systems integration, focusing on smart building security, energy efficiency, and automation solutions.
Christian Fischer, Deputy Chairman of the Board of Management at Robert Bosch GmbH, explained, “It was our aim to find a suitable buyer who would take on all three units and provide their teams with long-term opportunities. Triton has shown both a credible growth strategy and deep industry experience. They’re the right fit.”
From Triton’s perspective, the investment reflects their interest in European industrial tech firms with growth potential. Claus von Hermann, Managing Partner and Co-lead of Triton’s Industrial Tech team, commented, “We’re proud to be partnering with this strong business. Our goal is to support Keenfinity’s management and workforce in continuing their growth journey – with both investment and sector know-how.”
What’s next for Keenfinity?
Now independent, Keenfinity aims to build on its heritage with a focus on innovation and quality in video surveillance, access control, and communications technology.
Peter Loeffler, previously CEO of Bosch’s product business and now leading Keenfinity, concludes, “With Triton’s backing, we’re in a strong position to grow. Our team is excited about the opportunities ahead, and we’re committed to maintaining the high standards and reliability our customers expect.”