LOS ANGELES--(BUSINESS WIRE)--B. Riley & Co., LLC (B. Riley), www.brileyco.com, a full service broker dealer providing research and trading ideas to institutional clients and high net worth individuals, and investment banking services to a wide range of middle market private and public companies, announced today that it acted as the exclusive financial advisor to Universal Electronics Inc. (Nasdaq: UEIC) in its acquisition of China-based Enson Assets Limited, a wholly owned subsidiary of C.G. International Holdings Limited.

The purchase was valued at $125.6 million. The company, in a November 4, 2010 news release, announced a net purchase value of approximately $110 million.

Enson Assets Limited, through its wholly owned subsidiaries, C.G. Development Limited and C.G. Technology Limited, is a leading designer, marketer and manufacturer of remote controls for original equipment manufacturers.

B. Riley’s Wes Cummins led the banking team that included Senior Vice President Adam Little and Associate Christopher Thomas.

This is B. Riley’s second engagement with UEIC in 18 months. In March 2009, B. Riley advised UEIC on its purchase of universal remote control software and other intellectual property and related assets from San Jose, California-based Zilog Inc. (Nasdaq: ZILG).

Founded in 1986, Universal Electronics Inc. (UEI) is the global leader in wireless control technology for the connected home. UEI designs, develops, and delivers innovative solutions that enable consumers to control entertainment devices, digital media, and home systems. The company’s broad portfolio of patented technologies and database of infrared control software have been adopted by many Fortune 500 companies in the consumer electronics, subscription broadcast, and computing industries. UEI sells and licenses wireless control products through distributors and retailers under the One For All® brand name. UEI also delivers complete home control solutions in the professional custom installation market under the brand name Nevo®.

ABOUT B. RILEY & CO.

B. Riley & Co. is a leading independent investment bank which provides a full array of corporate finance, research, sales, trading and otcqx dad services to corporate, institutional and high net worth individual clients. Investment banking services include merger and acquisitions advisory to public and private middle market companies, initial and secondary public offerings and institutional private placements. Its Corporate Governance Advisory Services Group is engaged by both companies and investors to help maximize value for shareholders. The firm is recognized for its distinguished Equity Research. Founded in 1997, B. Riley is headquartered in Los Angeles and maintains offices in Newport Beach, San Francisco, Philadelphia, Chicago and New York. It is a member of FINRA and SIPC. For more information, please visit www.brileyco.com.

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