mynth
06/2025

KEENFINITY acquired by TRITON PARTNERS

GERMANY Hardware & Electronics / IT Equipment EV 500M - 1.5b EUR

Context

Triton acquired the product business of Bosch Security and Safety Systems for an estimated ~EUR700m ($725m). The deal separates the product manufacturing business (now Keenfinity) from Bosch's system integration business (which Bosch retained). The new entity will rebrand its portfolio over time: Video products to "IQSIGHT" and Intrusion/Access to "Radionix", under the Keenfinity corporate umbrella.

KEENFINITY, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Keenfinity Group is a leading global provider of security and communication products. Formed from the carve-out of Bosch's product division, it operates in two main areas: Security (Video, Access, Intrusion) and Professional Audio. It owns heritage brands like Dynacord, Electro-Voice, RTS, and Telex. The group employs ~4,300 people across 90 locations and manufacturing sites in Germany, Portugal, Mexico, and China.

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Historical Financials (EUR)

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Other operations with KEENFINITY

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
01/2026KEENFINITYAVONICNETHERLANDSHardware & Electronics

Keenfinity Group has acquired Avonic, a Dutch specialist in cameras and voice-tracking technologies for the AV conferencing market, with the goal of expanding its audio conferencing solutions with state-of-the-art video solutions, enabling system integrators and equipment providers to access a seamless, integrated audio-video portfolio. This strategic acquisition strengthens Keenfinity Group's leading position in the conferencing segment, allowing it to provide more comprehensive and integrated solutions to its clients

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 750M - 1.3b EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of KEENFINITY by TRITON PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: keenfinity

Acquirer: triton partners