Bain Sells Off Uniview / UNV, Sold to China Trans Info

Author: John Honovich, Published on Apr 30, 2017

Bain Capital has sold off Uniview to a Chinese company.

Uniview is the self-proclaimed "#3" in China video surveillance behind Hikvision and Dahua. In particular, Uniview has been known to many in the West for its uncommon ownership by American investment firm Bain.

Inside this note, we share Uniview's statement to IPVM on the deal, analyzing its potential impact for Uniview and the broader market.

**** ******* *** **** ************ * ******* *******.

******* ** *** ****-********** "#*" ** ***** ***** ************ ****** Hikvision *** *****. ** **********, ******* *** **** ***** ** many ** *** **** *** *** ******** ********* ** ******** investment **** ****.

****** **** ****, ** ***** *******'* ********* ** **** ** the ****, ********* *** ********* ****** *** ******* *** *** broader ******.

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

Deal ********

**** **** ******* ** ******** ******* ************ **., ***** ******* ***** ****, * ******** ***** ******* (******.**) **** * ~$*.* ******* ****** **************. *** ***** **** for ******* *** $***.* ******* *** (*** ***** ***** ****** ** *** ****).

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

**** ******* ** * **** ***** ** (******* ******) ****, and ** * ****** ***********, *** ********* ******* ** **** rapidly ** *** **** **** *****. ** ***** ** *** industry ******** ** *********/********** ******, *** **** ******* *** ******** and ****** *** ****. **** **** ** ***** ******** ******** Bain ******* * ***** ****** ** **********

Acquirer ********

***** *********, ** ******* ******* *** ** ****, ** ****** focused ** “***** **************” / ******* ********. ********* ********* *********** ******* ** ~$*** *******, ** **% **** **** ****. That ******* ******** *******. ******* *** **** ********** **** ***** revenue *** ** *** *** ******* ******* ***** ******.

Benefits ** *** ****

******* **** **** *** **** ****** **** **** ****** *** outside ** *****, ******:

*** *******, *** **** *********** ****** *********** *** **** ******** opportunities ** ***** ****** *** ******** ************* **** ********* *****. Moreover, ** ******* ******* ** ****** ******* ** ****** ****** in ***** ** ********* ******* **** ********* *****.

********, ******* **** **** **** ******** ** *** ** ** independent *** ******** *******.

Uniview ************* ********

** *** ******** ****, ******* *** **** ******** ********* *************** and ****** ** ******* *** ******* ****. ******* *** ******* ******* ******* *** ******* ** ***** and ********* *** ********* ****** *****, ***** ** ** ********* for **** ******* ******* *** * **** ********** / **** generally ********* ****.

** *** ******** ****, *******'* ********** **** ************* ***** *** marketing ** ******* ***** ** ***** *** *********. ******* *** minimal ****** / ***** ***** ***** ***** *** ********* **** massive ************* ********** **** ******* ** ***** ***** ****** *** extensive ***** ********* *********. ******* ** ****, ******* ** ******** constrained ** *** ******* *** ***** ** *** *****. ** the ***** ****, *** ************** ** ***** *** *********'* ********** into **** ********* ***** ********** ** ************. ***********, ***** *** current ********* ********** ****, ******* **** ** ********** ** **** internationally ******* ***** ******.

Outlook ** ****

** *** ****** **** ***** ***** **** *** ** ******** domestic ***** ******** ** '***** **************' / ******* *******, **** could ** ********** ** *** ******* ***** ***** ************ ******* that ******* ******* ** ***** *** *** ******* *** ***** / *************.

*** *** ************* ****, ** ** *** *** ** **** benefits ***** ***** ********* *** ******* ************* **********, ***** ** video ************ ******** ** **** *******. **********, ** ***** ********* can ******* ********* ** **** ******* **** ***************, **** ***** make * ********** *** *** **** **** ******* ******* ** be ****, ********** ******** ** *** ******** ********* ** ***** larger ***** ************ ******.

Comments (14)

Thumbnail rich

Rich Moore

05/10/17 06:16pm

** * *********** ** ******* ********, *** ***** *** **** doesn't ****** ******** *** **. *** ***** ** **** ** found *** ***** *** **** ******* *** ** *** ******* that **** **** *******. ***** ** **** *** ***** ** top ** ****.

John Honovich

IPVM | In reply to Rich Moore | 05/10/17 06:25pm

**'** ***** ***** **** *** * *****, ******* ** *** announced * ***** ***. * ***'* **** ** **** ***** you **** ****** ** ***** :)

** ******* ** *** *** ******* ***** *** * ***** of **** ***** *** ** *** **** *** **** ** waited * ****** *** ** *** * ********* **** ******* to ******* ******* / ***** ********.

**** *****, ** **** *****, ** *** **** ** **** things **** ****** ****** ** ******.

Thumbnail newheadshot

Sean Nelson

Nelly Security | 05/10/17 06:29pm

**** *** * *** ******* ***** *** *******. "****** ******** owned". ***********, ***** * **** *******.

Thumbnail rich

Rich Moore

In reply to Sean Nelson | 05/10/17 06:35pm
**** ******* *****. ***** ************ *** ********* ******** *** ******* liked ******* **** **** **** ***** ** ** ******** ******* even ** **** **** * ******* ******* *******. **** *****'* always ***** ** **** ***** ***** ********* *** ** *** nice ** ***. *'* ********** ** *** *** * ******* that *********** ** ************** ******* *******. ** **** ***** **** as ***** *** ******? ************ **** ******* **** **** **** they **? ** ** **** *** ** ****** *******? ****** way, ** **** ** ***********. ***** *** ******* ********** *****. lol
Thumbnail image

Jon Dillabaugh

Pro Focus LLC | In reply to Rich Moore | 05/11/17 01:38am

****, *** **** *** * **** **** ***** ***** **** doesn't **** *** *** ****? * ***'* **** * ****, but * ******'* ** ** ***** ** ***** ** *** so *******. ** ***** ** **** **** ** ***** ****'* some ****** ***** ** **** *******.

John Honovich

IPVM | In reply to Jon Dillabaugh | 05/11/17 01:46am

*** *** ************ ********* ** *** **** ********** * ****** ** ** *** post, ********* *****:

***/***, *** *******, ** ***, *********** ** *** *** / founder ** *** ******* ** **.**%.

** *** *** ** ************, *** **** *** **** ** state ***** ** ******* *******, ***** *** *.**% ** ***** Trans **** ******.

**, ****** ***** ** *** ******* *** ******** *** ************* of ******* **** *% ****** ** '*********' ** ******* ** you **** **** ** *** **** ***** *****.

**** ***********, *** ****** ***** ** **** *** ****** * Bain ** ** ***** ** * **** ****** **** **** an ************* ********* **********.

Undisclosed #1

In reply to Sean Nelson | 05/11/17 01:00am

**** *** * *** ******* ***** *** *******. "****** ******** owned".

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

John Honovich

IPVM | 05/11/17 01:49am

*** ***** *********** ***** ** *** ********* ********* ** **** deal - ****** ******* *** ** *** ~$*** ******* *****, as **** ************ **** ****, * $*** ******* ******** ***** is ******, ********* *** ******* ********, ***** ** ******* ********** is ******** *** ***** ********* *** * ~** ***** ********.

****** **** *** ******** ** *** *** ******** ***** *** relatively ***, ****** *****.

**** *****, ******** ***** * ******* **** ** **** ** cash ***.

Undisclosed #2

In reply to John Honovich | 05/11/17 08:31am

********** * ***** ** *** ********** **** *** ******* ** go ******(*** ** ********) ** *** *** ** ****.***** ****,***** are **** ******** **** *** *******,** ********* ** *** ********* so ****.**** ** *** ********* *** ******** *****.

John Honovich

IPVM | In reply to Undisclosed #2 | 05/11/17 11:06am

#*, ***** **, * ***'* **** ******. ** ***** ** interesting ** ********** *** **** ****'* ** ******. **** ** companies, **** ******* **** *******, ********* ************ ************ *******, **** **** ****** ** ***** **** ********* ***** ****** after *** ******.

Undisclosed #2

In reply to John Honovich | 05/11/17 11:22am

***.******* ** ** ****** ******* ** *** **** ********** **** company **** ** ***** ********.*** *** ****** **** ****.** *****,***** are ***** **** ********* ******* ** ***.*** ***** ******** ** smaller.sometimes ** ** ********* *** *** **** **** * **** idea ** ***** ****** *** **** ** ***.***** *** ****** on **** *****.**** *******.* ** *** **** ******* *** **** fail.

Undisclosed Distributor #3

In reply to John Honovich | 05/18/17 10:34pm

***** ******* **** *** ** ****** ******* **** *****'* **** going ****** ** *** ***** ********* ******** *** *** ******* or ********* *********. ** ****-***** *** ******** ** * *** drop ***** ** ** **** *******.

** ***** **** *** ***** ** **** * *** **** for *** ** ******, *** **** ** ****** ***** **** emerge **** *** ******* *** ******** ***** **** ****.

Corbin Hambrick

05/19/17 09:55pm

** ***** ******* (**** ***) *** *** ****** ******* **** the ******** *****'* **** ***** ******* *** ***** * ***** camera.

* ***** **** **** ***** *** *** **** ******* ** that **** *** ****** *** ****** ** *** **** **** they **** ***** ***** ***** *** **** *** ******** **** pricing ***, *** ****** ** ***** ***** ** ******* ** some *** ** ****** *** ** *********.

*** ** **** **** ** **** ****** ***** ** ********* and * *** ******* ** *** ******* ****. ********* ** HIK ** *** ****.

...*** ****** ** ** **** **** ***** ****** ****** *******..*** not.

Undisclosed Integrator #4

In reply to Corbin Hambrick | 05/20/17 12:23am

***** *** ***** ****** ******* **** ****** *** ****. ***'* know *** **** ******* ** *** ******* *******.

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

Imperial Capital Security Investor Conference 2018 Review - ADT, Resideo, Alarm.com, Arlo, Eagle Eye, ACRE, More on Dec 14, 2018
Imperial Capital Security Investor Conference is an event matching industry executives with financiers that frequently leads to future funding...
Huawei Hisilicon Quietly Powering Tens of Millions of Western IoT Devices on Dec 12, 2018
Huawei Hisilicon chips are powering, at least, tens of millions of Western IoT devices, such as IP cameras and surveillance recorders, a fact that...
Infinova's Xinjiang Business Examined on Dec 07, 2018
As pressure mounts for companies to stop doing business in China’s Xinjiang region amid a severe human rights crisis, IPVM has found Infinova sold...
Dahua Car Startup Raises $290 Million But Questions Abound on Dec 03, 2018
Dahua’s electronic car startup LeapMotor raised $290 million in funding this year, it said in an announcement. However, this news raises questions...
Longse USA Profile on Nov 30, 2018
In September 2017, Longse bought and opened their USA office. As one of the largest South China surveillance manufacturers, they have previously...
Security Sales Course 2019 on Nov 29, 2018
The next IPVM Security Sales Course starts in January 2019. This sales course is customized for the needs and challenges specific to...
Evidence of Dahua's Involvement In Xinjiang Surveillance on Nov 28, 2018
IPVM adds new details about Dahua’s activities in Xinjiang, a Chinese region where mass surveillance used to facilitate grave human rights...
Vintra "AI-Powered" Video Analytics Startup Profile on Nov 27, 2018
Vintra is a Silicon Valley startup focused on AI-based video analytics. They had booths at IACP and ISC West demonstrating their hosted or...
Openpath Access Control Tested on Nov 20, 2018
Big investment in access startups is uncommon, but Openpath has recently attracted $20 million doing just that. The company has limited security...
Milestone Disrupts Milestone With Arcules on Nov 19, 2018
Milestone is now competing against... Milestone's own spinout Arcules. New IPVM testing shows that Arcules has incorporated a substantial amount...

Most Recent Industry Reports

Imperial Capital Security Investor Conference 2018 Review - ADT, Resideo, Alarm.com, Arlo, Eagle Eye, ACRE, More on Dec 14, 2018
Imperial Capital Security Investor Conference is an event matching industry executives with financiers that frequently leads to future funding...
Cisco Meraki New Cameras and AI Analytics on Dec 14, 2018
Meraki has released their second generation of video surveillance with 3 new cameras, AI-based video analytics, and 2 cloud-based storage...
Foolish Strategy: OEMing Facial Recognition on Dec 13, 2018
Almost as 'hot' as face recognition marketing right now is OEMing facial recognition. Last year, they were a who's who of company's with...
DVR Examiner - Video Recovery from Recorder Hard Drives on Dec 13, 2018
Bypassing passwords and long download times on-site, DVR Examiner collects and organizes video evidence directly from a hard drive extracted from...
2019 Access Control Book Released on Dec 12, 2018
This is the best, most comprehensive access control book in the world, based on our unprecedented research and testing has been significantly...
Huawei Hisilicon Quietly Powering Tens of Millions of Western IoT Devices on Dec 12, 2018
Huawei Hisilicon chips are powering, at least, tens of millions of Western IoT devices, such as IP cameras and surveillance recorders, a fact that...
FLIR Launches Body Cameras Unified With VMS (TruWitness) on Dec 11, 2018
While FLIR is best known for their thermal cameras, now they have expanded into body cameras, launching TruWITNESS, a public safety focused body...
Startup Sunflower Labs' Autonomous Drone Security System on Dec 11, 2018
Startup Sunflower Labs is claiming a unique design on a home security system, combining autonomous drones and 'Sunflower' sensors. Imagine an...
The 2019 Video Surveillance Industry Guide on Dec 10, 2018
The 300 page, 2019 Video Surveillance Industry Guide, covers the key events and the future of the video surveillance market, is now available,...
Multi-Factor Access Control Authentication Guide on Dec 10, 2018
Can a stranger use your credentials? One of the oldest problems facing access control is making credentials as easy to use as keys, but restricting...

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