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

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