Buy Arecont: Top Bid $10 Million Cash

Author: John Honovich, Published on May 22, 2018

Last year, Arecont had a deal for a purchase price of $170 million (see Failed Arecont China Acquisition).

This year, Arecont has a deal for a purchase price of $10 million cash. But there is just over a month to beat that. Good deal or not?

Inside we examine the purchase agreement for Arecont, the Chapter 11 process and the potential to make a lot of money.

**** ****, ******* *** * **** *** * ******** ***** of $*** ******* (********* ******* ***** ***********).

**** ****, ******* *** * **** *** * ******** ***** of $** ******* ****. *** ***** ** **** **** * month ** **** ****. **** **** ** ***?

****** ** ******* *** ******** ********* *** *******,*** ******* ** ********** *** ********* ** **** * *** ** *****.

[***************]

Purchase ********* *** ********

******* *** ****** * ******** ********* **** *********.***** ******* ***** ******** ***** ** $** ******* ****:

** ******** ** *** ****, ** ******** ~$* ******* ** other ********* ************* ** ***** ******* *********** *** ******* ******* included, **** ******* **** *** ********* ****** ********** *** ********* and ***** **** ** *********, *********, ***., ** ***** *****:

**** ** ********** **** *******'* *********:

$73+ ******* **** **** / ******** **** *********** ****

*** ******** ********* ******** *** ******** **** **** **** *** Arecont **** **** ********* *** ****** *** ******* **. ***** $73+ ******* ** ***** ****, **** **** *********, **** **** / **** ****** **** **** ********* *** ******* ** *** dollar *** **. *** *** ***** *** ******* **** *** this ***** ****.

Total **** *** ******* ~$** *******

** ******** ***** ****, *** ***, ** ~$** *******, ********* in *** **** ******, ***********, ******* ******* *** **** ******* investments ** ********, *****, ***.

Auction ******** *** **** ***

**** ********* ** *** ***** *** ** ******* ** ***** bids, **** ********* ****** *** ***** ** *****. *** ******* itself ** ******** *** **** *, ****.

*******, ** ********* ** *** ******** ****, *******'* ****** *** ******* ********* *** ********* ******* *** this ** *** **** ***** *** ** **** *******.

Bear ****

*** **** **** ** **** ******* ** ******** *** **** companies ** **** * *********** ******** ************ ****** *******, ****** dying ** ********** ** *** *****. ******, **** ******* ************** have * ******** ******* ** ******* ** *** **** **** just ***** ******* ** *** ********* *****:

Bull ****

*** **** **** **:

  • *** **** **** *** ********** ******* ** *** ****.
  • *** *** ********** (*.*., *********, *******) *** ****.
  • ******* *** ***** *** ******** *** ** *** ****** * relabler.
  • *** ***** ** ****** ***. ******* *** ~$** ******* ******* in ****.

** ******* **** ******* *** ********* **** ** **** * ~$40 ******* *** **** ******** (***** ***** *** **** ***** surveillance ******** *********), ** ***** ****** ****** *** ****** ******** at **** * ****** ** ***** ** ***** ***** (****** even ****** ***** ************ ************* ***** ** ** ***** ** sales).

****

Comments (37)

** ******** ***** **, ** ***** ******** ***** *** ****** architecture **** ***** ***** ** ** ** **** **** * regular ******, **. ********* **** ***** **** ** * **** differentiator *** *** **** ******* ******?

**** *****'* ****** ****** **** ********, *** **** * *** an **********, **** *** **** ***** *********** ***********/********* *******, *** better ** *****, ******* ***** ** ****. ** ******* ******* them * ***** ***, *** ***** ** ***** ** ****** a **** ***********, ** **** ** *** ******* *****, *** bar ** ***** *** *******.

**** ***********, *** ****** ***. ***** ****-***** ************ ******* **** all ******* ****** ** *** ****** *** ******-********* (*** *** presumed ******** ** ***** * ******). **** ******* **** * camera ***** ** ********* ** ********* *** (** ****' ****** chips), ***** *** *** (****** ** ****) ** *********** * small ********, ********* *** ******** *****, *** **** **** ** do ***** ******. *** **** **** **** *** ** ******* of *** *** *** *** ******* ***** ******** ** *** cameras *********.

*** ******* *******, ** ** ****** ******** **** **** ******** developed *** ******** ** *** ******* ** ******* **** ****** the ******** **** *** ******* ***** *** **** *****.

********* **** ***** **** ** * **** ************** *** *** just ******* ******?

****** ****, *** $** *******? * ** *** **** **** you *** *** * ***** ** ***** *** $** ******* ;)

** *** ***********, * ***** **'* * **** ********. ** #2 ********, *** **** ************ ** *** **** ****** ********** differentiator. *** ******* / ******** ** *** **** **** ** worth ** ****?

** *** *** ****, * ** *** ** ****** ** that *****, ** * ***'* ***** ** ******* ** ****. On *** *****, **********, ******* *** *** ****** **** ******** the **** ********** ** *** ***+ ********* **** ******* *** to, ** *** ******* *** ******, ********* ****** ****** ** not ***** **** **** ** ******* / ******** **** **** a **** *** ******* **** ******.

*** ***** * ** ******* ** **** ** *** **** of *******'* ** ****** *** * ****** ** *** **** architecture ** *** ** / ********** ********* (*.*., ** ** the **** ** *** *******)?

***, ** ******** *** ********* **********. ******* ** ***** ****** they **** ** **** * *** *** ******** **************, ***** biggest ******* ***** **** ** "**** ** *******", *** ****'* if **** *** ***** ***** ** **** **. *** **** it ***'* ********. *** ***** **** **** **** ** *** back, ***** ***** *** **** ** ********* *** *************.

**, *** * *** *** *** **** **** ****** ******** as ** ********** ** *** *** *******. :)

*****.
******* ** ******* ** ** * **** *******: "****** *****'* always **** *** ******"

** ***** *** ****/* ******* ******** ** *** ***********? **** would **** ** ** ****** ********, ************ ** **********.

* ***'* ******* **** *** **** ****** - **** *** a ****** ** * ***** ***** ********.

** **** ******** **** * ****** ************* ******* **** ** the ***?

******* ********:

** *********** *** ****-**** ** ******** ** ********, **********. ** do *** ****** * *********** ********** ************* *****. ** *** located ** * ***** * ********** ****** ******** ***** ** occupy *** ****** *** *** ******** ** *** ********. *** first ***** ** *************, ********, ********* *** ***** ********** *********. The ******** ******** *** ***********. *** ******* ***** ****** ** office ***** *** *****, *********, ********/**** *******, *********** *** ************** functions.

****: ****-**** ****** ** ***** ******** ******** (****** *** *****-*******, etc.). *** ************ ** *** ** ** *** *** ******* line *** *** ****** ****-**** *******.

***** ******** ******** **** *** ** ** ***** **'* ****/****.

***** **** *** ** ****, ** ******* *** **** ****** of ***** ******* **** *** ** **** ***********.

****'* *** ****** ** *** ******* ****? **** ***** ******* will *** *** ****, ********** ** *********** **** ******, *.*., whatever *** ******* *** **. *** **** **** ** *** a **** ***** *******

*******, ** *** *** ***** ** ***** ******** ******** ****, I'd ** **** ******** ***** ****. ******* *** ********** **** to *******. ****** *** ** *******'* ***** ********* *** ********** enterprise '****' ***** **** ****** **** **** *******'* ***** ****** competitors. **'* ******** **** ******* ***** **** *** *** ****-** is ********** *** ******** ** ***** *** ****** ******* ********.

"****'* *** ****** ** *** ******* ****? **** ***** ******* will *** *** ****, ********** ** *********** **** ******, *.*., whatever *** ******* *** **. *** **** **** ** *** a **** ***** *******"

#*: ***** *** *** $*** ******** **** **** **?

#*: ****** ******* *** **** $*** **** *** '********* ** equity'.

#*: *** ***** *** **** ****** **** ***** ** **** 'buyout' ** **** *********** *** **** ** ****** *** ***** underwriting ** *** ******** **** **** *******?

#* *******'* **-******** *** ***** ************ **********. **** **** *** with **** *****, *******.

#* **'* *********** ********* ** ******. ***** ** ******* **** a ***** **** * ********. **** ***'* *** *** ********, the **** ***** *** '*****' (*.*., ******* *** ******* *** the **********) *** **** **** ** *** ** **** ** they ***. ******* **** ** *** **** *** ****** ** the ***** / *******.

#* *** **** ***** ** *** ** **** ** **** can. *** ******** *** (*) ******* ****** *** **** *** debt, (*) *** **** ****** ** ******* ** ***** ***** now *** ******* ** $** ******* ****. ** * ******* war ****** ***, *** **** **** ******* **** ** **** money ** ********. ***** ***, **'* **** $** *******.

*** **** ***** ****** ** **** *** **** *** ***** that $** ******* **** ***** ****** ** **** **** *** run ******* ****** *** ***** **** ** *** **** ** this, *********, **** ***** ****** *** ** **** (** ** little) ***** ***** *** ******* ******* ** ******* ** *** the **** *** ***** ** *** **** ** ******* ** around (** ***).

#* *** ****** *** **** ******** * *** ********** **.

*** **** ****** ** ******* ** * ******** ** ***** be.

** ********* ******* ** *** ******** ******* **, **** *** founders ** ******* **** $*** **** ******** ********* ** **** based ****** ******* ** **** ****** ******* *************** ** *** ********* ****** *******.

*** ** *** ***** **** * ** ***** ******** ** my ************, ****** **** ********: *** **** ***** ******* ****** that **** ** ** ********, **+ ** *** ******** *** ***** ******** ***********?

*** *** ***** ***** **** ****** ** $*** ** *** Arecont ******** ** **** **** ********** ** *** ********.... *** you *** ** *****. *** **** **** ***** **** ******** the ******** **** ****, **** ******** - *** ******** ***** $73M.

******* **** *** **** ******* ** ***** ** **** **** Arecont/investor *******... **** ***** **** **** **** ********* ** *** future ** ******* ****?

*** *** *** **** ** **** * ***** * *****..... so * ****. * ***** *** ******** **** **** ***** knowing ***** *** ********* **** ********* ** ********* *** *******.... to **** ********** *** *** ***** *** ***** ** ****** which *** ******** ** **** ** ***** **** ***** ** bad ********* **** ********** ****.

******* ** ** ***** **** ******* ********* *** *** **** debt *******.

************, ******, ***** *** * ******** ******: *** ******* ******* any ******* *********** ** *** ******* ****** ***** ********** ********? Only *** ****** ***** ** ******* *** ********* ***** ******.

*** *******, ** ******* ****, "** **** **** ***** *********", that ** * ******* * ********* ******* ********* ***** ****** in **** ******* ***** ******* '****' ***** ********* ** ********* checks. ** ** **********? **** *** ****'* *** ** *******.

**'* *** ****'* ***, ********** ** **** *****. **** ** not *** **** *** *** *' *** *********. **** ***** are **** ***, *** ****** ********* **** *** ***** ** be **** ******** *** ***********. ** **** ****** ** ***** due ********* (*.*., *** *** ******* *** ******* ******* ******, brand ******, *** ********* ** *** *******, ***.), **** ** on *** ****.

**, * **** ** ***** **** * ***** **** ****. :)

** ****** ** *** **** ****, ** *** *********** * dividend **************** ** ********* ** *** ********** *******:

**** **** ** ******* ** ************* ********* ****** ******* ********:

*** ******** ** ******* ****** ** * ******** *****, ***** companies ***’* ********* ******* **** *** ***** **** ***** ***** sponsors ******* *** ******** *** ****** ***** ****** ******. ********, the ********** **** ** ******* ** ***** **** ********* *********, making **** **** *********** ** ************* ****** ********** ***, ***********, to **********.

***** $**+ ******* ** ***** ****, **** **** *********, **** bank / **** ****** **** **** ********* *** ******* ** the ****** *** **.

*** **** ******* *** ****** ** *** ***** ****’** ***?

**** **** ****** ****** *******?

;)

** **\** ****** *** ****** (*** **** ********* ** ** with ************* ** ** ****** ******** ** **** ******?) **** is ** ********** *********** ** ********** *******. **** ** *** USA ** ***** **** ** *** ******** *** **** **** many ******* *** ***-**** ***********. *** ***** **** * $****+ investment ** *******, ***** **** *** ****** ** *****\**, ********* and ******* **********, *** ******* ***** ****** ** * $**** business ****** * *****, ********** ** ***** (** *******) ** reelected: *******, *** ******* ***, ***. **** ** ******** *** largest ******** **** ****** *** ************ ********. *** *** *******'* and ****** *******'* ** *** ***** ****** ** ******* **** at ****. *'** ***** ** ***** ****** ******** *** ***** I'll ****** ** **.

****: #* ** *** **** ******* :)

***** *** ***** **** **** ********? **** ******* ****** ** Arecont? ****'* *****, ****** * ***** *** **** ***** ** it.

*** *** **** *** *** ******* ** ************? *** ** running *** *** ** *** ***?

**** ********** ******* *** ** *** *** *** ******** ** ******* *** ******** '********' / **** ******.

** *** **** **** ****** **? ** ***** ***** * board? **** ** ****** ** *** ****, *****, *****?

*** *****, *** ** ******** ***** ************* *******,**** **** ******:

********: ***** *****, *** ****** ********* ********

** *** ******** ***** **** * *** ** *** *** to ***? "******* ** *** *********** **" ****** **** **** still **** *** *****.

****: ****, ** ****** **** ***** ** * ********, ******* at *** *******.

* ***'* **** **** **** ****** ***** *** * ***** it's **** ******** **** ******** ****, ***** *** ********** ***** is *** ** ****** ** ********* ** *******, *** *******, etc.

**** ******* ***** **** *****, *** ******** *** *** ******* company, *** *** ********* ******* (*** '****' *******), ** *** CRO ******* ** *** ******* *******:

*** ******** **** *** ******* ******* (***** * ** *** sure **** ***** ****** ** ****) *** *** ********* ******* (the '****' *******) ** **** ** ** *** ** *** is ***** ********* *** ** *** ****.

** **** * ** ** *** **** **'* *** **'* installed ****** *** ***********, *** **** **** ***** ****. *** the **** ** **************, * **** **** ****** ** **** around.

** *** *** ****** ** **-***** ********, ***** ***** ** be ******** ******* ******* ** *** ******* ***** *** *********** is ********* *** **** *** ****** ** ******* *** ******* that **** ******* *********** ** *** ********. *** **** ***** I *** **** **** ***** ** **** **** *** "**** in *******". ** **** *** ******** **** **** ***** ******* some ****** ***** *** *** ***** ***** ** * **** for *** *****. ** **** *** *********** ********* ******* **** them. *** *** *** ******* *** ***** *******. *** ****** Surround *******, **** **** *** *** ** *** *** **** a **% ** ******* ******* ****. ** ******** ** **** and ******* *** *** ******* ***** ****'* **** ********** ***. There *** **** ****** ********* ****** ** *******, ** **** the ******* ******** *** ******** **** *** *********** ***** *******.

*** *'*******

********* ********-*******, **

* ***** ** ***** ** * ***** *** *** * company **** ** * ********* ** *** ******** ******** **** does *** **** * ********* **** ** *******. ****** * say ** ***** ** **** * ********* ***** *** ********* in **** ***** *** ***-*** ******** ** ******, ****** * say ** *****. ****** ** ***** ***-**** ****** ** *** field ***** **** *** ******** ** ******* *** ******* ****. Standing ***** * **** **** ******* ** ****** ** ****** beholden ** ** ********** ******* ******** ***** **** **** ***** its *********** ********** *** ******** ****.

***’* *** ****** ******* ***** *** ** *** *** *** manufactures ** **** ***** *** ****** ** ** * *** of ********** **********, ** ***** ***** ** *****. **** ***** an *********** ******* ** * ******* ******** **** ** ******** the *******. *** ***** ******** ************ ** * ******* ******** upon *** ********* ** *** ******* ***** **** **** ******** the ************ ** ****** ******** *******, ** *** ***'* ***** updates ***** *** ******** ** ****** *** ****** ******* **** the **** ****** ** ****** ***** ** ** ****** ***** cameras. ******* ****** **** **** ** ********* ********** *******, ** could ** ***** ************* *** **** **** ***** ***** *** that **** ******** ** * *** *****.

* ***** *** *** * ******* **** ** * ********* in *** ******** ******** **** **** *** **** * ********* line ** *******. ****** * *** ** ***** ** **** a ********* ***** *** ********* ** **** ***** *** ***-*** compared ** ******, ****** * *** ** *****.

****'* * **** *****. ******* ***** *** **** *** *****-*******. Buy *******. ******* ******? :)

** **** ***** *****, * ***** *** *** *****.

* ***** ***** **** ** *** * ********** ****** *** me, ** *** ***** **********, ** *** **** ******* ** the ******. ********** ** ****** *'** ***** ****** ***** ****** to ******* ** *** *** ******* ****** *** **** ***** have. *'** **** ***** ** ****** ******* **** ***** *******.

**** *** **** ******** ** ** ******** ** ** **** them ******* ****?

*'* ** * **** ** ***** ** ********.

***********???

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Knightscope Winning Investors, Struggling With Growth on Oct 16, 2018
While Knightscope's new financials show the company only winning 11 new customers in the past 12 months, the company continues to win new...
Integrator Laptop Guide on Oct 16, 2018
This 18-page guide provides guidance and statistics about integrator laptop use. 150 integrators explained to IPVM in detail about their laptops,...
ADI's Financials Revealed + W-Box Growth Priority on Oct 15, 2018
  ADI is one of the most powerful distributors in the security industry but how big are they? How much profit do they make? How much do they sell...
Honeywell Hides Selling US Gov Banned Chinese Video Surveillance on Oct 10, 2018
Honeywell hides selling US government banned Chinese video surveillance as their own 'Honeywell' products, deceiving buyers and putting US security...
UTC Merges Lenel and S2, Creates LenelS2 on Oct 03, 2018
UTC has completed the acquisition of S2, launching literally Lenel's2 LenelS2 with UTC declaring that "LenelS2 unites two world-class teams with...
Hikvision USA Starts Layoffs on Sep 18, 2018
Hikvision USA has started layoffs, just weeks after the US government ban was passed into law. Inside this note, we examine: The important...
Favorite Intercom Manufacturers 2018 on Sep 14, 2018
Intercoms are certainly increasing in popularity, driven by the integration of video and IP networking. But who is the favorite? On the one side,...
VMS Export Shootout - Avigilon, Dahua, Exacq, Genetec, Hikvision, Milestone on Sep 13, 2018
When crimes, accidents or problems occur, exporting video from one's video surveillance system is critical to proving incidents. But who does it...
Ambarella on Computer Vision and US Hikua Ban on Sep 10, 2018
Ambarella, a widely-used video surveillance component supplier, is betting on the rise of computer vision and is already seeing a sales impact from...
Stanley Security Acquires 3xLogic, Kushner Becomes Product President on Sep 10, 2018
Stanley Security acquired 3xLogic a few months ago. However, the company has still not officially publicly announced it, leading many to wonder...

Most Recent Industry Reports

Best Alternatives to Banned Dahua and Hikvision on Oct 17, 2018
With the US government ban and a growing number of users banning Dahua and Hikvision, one key question is what to use for low cost? While Dahua and...
Video Quality / Compression Tutorial on Oct 17, 2018
While CODECs, like H.264, H.265, and MJPEG, get a lot of attention, a camera's 'quality' or compression setting has a big impact on overall...
Knightscope Winning Investors, Struggling With Growth on Oct 16, 2018
While Knightscope's new financials show the company only winning 11 new customers in the past 12 months, the company continues to win new...
Integrator Laptop Guide on Oct 16, 2018
This 18-page guide provides guidance and statistics about integrator laptop use. 150 integrators explained to IPVM in detail about their laptops,...
Huawei Admits AI "Bubble" on Oct 16, 2018
A fascinating article from the Chinese government's Global Times: Huawei’s AI ambition to reshape industries. While the Global Times talks about...
ADI's Financials Revealed + W-Box Growth Priority on Oct 15, 2018
  ADI is one of the most powerful distributors in the security industry but how big are they? How much profit do they make? How much do they sell...
Dahua Face Recognition Camera Tested on Oct 15, 2018
Dahua has been one of the industry's most vocal proponents of the value that AI creates: As part of this, Dahua has released a facial...
Amazon Touts Home Security Market Disruption on Oct 15, 2018
Amazon is coming for ADT and all of home security. Indeed, Amazon is advertising this as, in their own words, calling home security a: Inside...
Higher Power PoE 802.3bt Ratified, Impact on Security Products Examined on Oct 12, 2018
Power over Ethernet has become one of the most popular features of many video, access, and other security products. See our PoE for IP Video...
"New Zealand Govt Uses Chinese Cameras Banned In US", Considers Security Audit on Oct 12, 2018
Newsroom NZ has issued a report: "NZ Govt uses Chinese cameras banned in US": This comes after the US federal government banned purchases of...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact