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)

Thumbnail usa shield

Luis Carmona

IPVMU Certified | 05/22/18 05:15pm

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

Thumbnail icon

Sean Patton

IPVM | In reply to Luis Carmona | 05/22/18 05:27pm

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

Undisclosed #2

In reply to Luis Carmona | 05/22/18 06:51pm

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

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

John Honovich

IPVM | In reply to Luis Carmona | 05/22/18 10:58pm

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

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

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

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

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

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Luis Carmona

IPVMU Certified | In reply to John Honovich | 05/23/18 08:22am

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

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

Undisclosed Manufacturer #10

In reply to Luis Carmona | 07/03/18 11:40pm

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

Undisclosed Integrator #1

05/22/18 06:36pm

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

Undisclosed Manufacturer #3

In reply to Undisclosed Integrator #1 | 05/22/18 07:01pm

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

Thumbnail newheadshot

Sean Nelson

Nelly Security | In reply to Undisclosed Manufacturer #3 | 05/22/18 08:13pm

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

John Honovich

IPVM | In reply to Sean Nelson | 05/22/18 11:27pm

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

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

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

Undisclosed Manufacturer #4

05/22/18 07:01pm

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

Undisclosed #5

In reply to Undisclosed Manufacturer #4 | 05/22/18 11:41pm

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

John Honovich

IPVM | In reply to Undisclosed #5 | 05/22/18 11:46pm

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

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

Undisclosed #5

In reply to John Honovich | 05/23/18 12:12am

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

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

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

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

John Honovich

IPVM | In reply to Undisclosed #5 | 05/23/18 12:22am

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

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

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

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

Undisclosed #5

In reply to John Honovich | 05/23/18 12:49am

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

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

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

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

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

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

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

John Honovich

IPVM | In reply to Undisclosed #5 | 05/23/18 12:55am

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

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

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

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

Undisclosed #5

In reply to John Honovich | 05/23/18 12:57am

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

John Honovich

IPVM | In reply to John Honovich | 05/23/18 11:30am

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

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

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

Undisclosed Integrator #1

05/22/18 10:52pm

Undisclosed #6

05/23/18 08:41am

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

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

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

;)

John Honovich

IPVM | In reply to Undisclosed #6 | 05/23/18 10:58am

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

Undisclosed Manufacturer #7

05/23/18 03:16pm

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

John Honovich

IPVM | In reply to Undisclosed Manufacturer #7 | 05/23/18 03:34pm

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

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

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Jon Dillabaugh

Pro Focus LLC | 05/23/18 03:24pm

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

John Honovich

IPVM | In reply to Jon Dillabaugh | 05/23/18 03:32pm

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

Thumbnail image

Jon Dillabaugh

Pro Focus LLC | In reply to John Honovich | 05/23/18 03:34pm

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

John Honovich

IPVM | In reply to Jon Dillabaugh | 05/23/18 03:40pm

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

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

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Jon Dillabaugh

Pro Focus LLC | In reply to John Honovich | 05/23/18 03:44pm

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

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

John Honovich

IPVM | In reply to Jon Dillabaugh | 05/23/18 03:46pm

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

John Honovich

IPVM | In reply to John Honovich | 05/23/18 03:59pm

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

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

Thumbnail me business

Scott Napier

05/24/18 11:49am

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

James O'Donnell

05/25/18 10:18am

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

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

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

Undisclosed End User #8

05/25/18 11:40am

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

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

John Honovich

IPVM | In reply to Undisclosed End User #8 | 05/25/18 11:43am

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

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

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

Undisclosed Integrator #9

05/29/18 03:34pm

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

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

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

Undisclosed #6

05/29/18 07:00pm

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

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