M&A Deal Summary

Unitas Capital Acquires ZNV

On December 28, 2012, private equity firm Unitas Capital acquired electronics company ZNV from ZTE for 200M USD

Acquisition Highlights
  • This is Unitas Capital’s 2nd transaction in the Electronics sector.
  • This is Unitas Capital’s 8th largest (disclosed) transaction.
  • This is Unitas Capital’s 3rd transaction in China.

M&A Deal Summary
Date 2012-12-28
Target ZNV
Sector Electronics
Buyer(s) Unitas Capital
Sellers(s) ZTE
Deal Type Divestiture
Deal Value 200M USD

Target

ZNV

Shenzhen, China
ZNV is a surveillance and monitoring solution provider in China, providing integrated power and environmental monitoring systems and video surveillance solutions to domestic Chinese and international customers in a variety of industries including telecom operators, public securities, power and energy, transportation, etc. ZNV was formed in 2005 and is based in Shenzhen, China.

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Buyer(S) 1

Buyer

Unitas Capital

Hong Kong, China
Category Private Equity Firm
Founded 1999
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Unitas Capital is a private equity firm focused on buyouts and growth capital investments in medium-to-large sized businesses across Asia. Unitas targets opportunities throughout Australia & New Zealand, Greater China, Korea, Japan and Singapore. Areas of interest include branded consumer, retail and industrial manufacturing/services. Unitas dates back to 1999 (when it was part of and known as J.P. Morgan Partners Asia) and has offices in Hong Kong and Shanghai.

DEAL STATS #
Overall 16 of 17
Sector (Electronics) 2 of 2
Type (Divestiture) 3 of 3
Country (China) 3 of 4
Year (2012) 3 of 3
Size (of disclosed) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-12 Waco International

Johannesburg, South Africa

Waco International is an equipment rental and industrial services business with operations in Africa, Australasia, and the United Kingdom. Waco International was established in 1952 and is based in Johannesburg, South Africa.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 NEPA

Seoul, South Korea

NEPA is an outdoor player which designs and manufactures a full line of outdoor apparel and equipment under its proprietary NEPA brand. NEPA also distributes its products through over 300 exclusive stores. NEPA was founded in 2012 and is based in Seoul, South Korea.

Sell $521M

Seller(S) 1

SELLER

ZTE

Shenzhen, China
Category Company
Founded 1985
Sector Technology Hardware
Employees68,214
Revenue 124.3B CNY (2023)
DESCRIPTION

ZTE is an entity that engages in telecommunications and information technology. The company is committed to providing integrated end-to-end innovations to deliver excellence and value to consumers, carriers, businesses and public sector customers around the world to enable increased connectivity and productivity. ZTE was founded in 1985 and is based in Shenzhen, China.

DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-03 Netaş Telekomünikasyon A.Ş.

Istanbul, Turkey

Netaş Telekomünikasyon A.Ş. is a provider of telecommunications solutions to the ICT, systems integration and defense sectors in Turkey. It operates in three business units that reflect these customer segments: systems integration, technology services (R&D and outsourced technical support) and defense.

Buy -
Mergr

Product

Company

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