Press Release - November 23, 2015 - PBG client Riptide IO announcement

Daikin Applied Americas acquires minority interest in PBG client Riptide IO

PALO ALTO, CALIFORNIA NOVEMBER 23, 2015 – The Perreault Birmingham Group LLC (PBG), an investment banking and consulting firm, announced today that its client, Riptide IO, based in Santa Barbara, California, has sold a minority ownership stake to Daikin Applied Americas of Minneapolis, Minnesota. Riptide IO is a leader in IoT technology for helping businesses manage building automation solutions. Daikin is a world leader in providing technologically advanced commercial HVAC systems.

For more information see the full press release at: http://www.daikinapplied.com/news...



Press Release - January 23, 2014 - PBG Becomes Charter Member of StartupSB

The Perreault Birmingham Group, LLC has announced that it has become a charter member of StartupSB supporting Santa Barbara’s startup businesses and entrepreneurs

PALO ALTO, CALIFORNIA January 23, 2014 – The Perreault Birmingham Group LLC (PBG), a Silicon Valley based investment banking and consulting firm, has announced that it has become a charter member of StartupSB. StartupSB hosts events, programs and activities that bring together startups, entrepreneurs, businesses and investors to establish an environment of communication and collaboration in Santa Barbara. “There is a real opportunity to facilitate significant growth in the Santa Barbara startup community. “ according to StartSB Director, Kyle Ashby “StartupSB provides the catalyst for these various groups to come together and exchange ideas with mutually beneficial results as the outcome.”

“Santa Barbara is a surprising hotbed of startup activity” says Bruce Stouffer, a Vice President with PBG and the company’s official member of StartupSB. “A lot of great new business concepts are coming out of both the academic communities, such as UCSB, as well as spinning out of established enterprises in addition to those which develop organically and Santa Barbara has a large number of entrepreneurs eager to take these concepts to fruition. StartupSB helps bring all of the pieces together that are essential to getting these businesses launched successfully.”

More about StartupSB can be found here

PBG offers investment banking services and securities through its registered representatives with Western International Securities., member FINRA, SIPC. More information on The Perreault Birmingham Group LLC can be found at: www.thepbgrp.com.

Securities are offered through Western International Securities, Inc. Member FINRA/SIPC. The Perreault Birmingham Group LLC and Western International Securities, Inc. are separate entities.

 

Press Release - January 21, 2014 - PBG Participates in French Entrepreneur Program

The Perreault Birmingham Group, LLC helps organize visit by French entrepreneurs sponsored by EM Lyon Business School, BPI France, Caissse des Depots and the French Ministry of Research

PALO ALTO, CALIFORNIA January 21, 2014 –The Perreault Birmingham Group LLC (PBG), a Silicon Valley based investment banking and consulting firm, helped organize and co-host a unique program for French entrepreneurs sponsored by the EM Lyon Business and the French government. The program is designed to give a select group of French entrepreneurs a global perspective on the opportunities and challenges that await startup businesses in different parts of the world. The week long program included presentations at Stanford and Santa Clara University, trips to various Silicon Valley incubators and accelerators as well visits to many prominent local technology companies such as Yahoo.

“The program is real eye-opener for many of the entrepreneurs” according to PBG Managing Director, Hobart Birmingham “The startup culture and business ecosystem of supporting services, such as venture capital, that we have here in Silicon Valley is almost non-existent in France. I think they leave with an understanding that a successful startup environment is much more than cluster of small tech companies trying to get their products to market”

PBG offers investment banking services and securities through its registered representatives with Western International Securities., member FINRA, SIPC. More information on The Perreault Birmingham Group LLC can be found at: www.thepbgrp.com.

Securities are offered through Western International Securities, Inc. Member FINRA/SIPC. The Perreault Birmingham Group LLC and Western International Securities, Inc. are separate entities.


Press Release - December 13, 2013 - PBG Announces New Broker Dealer Relationship

The Perreault Birmingham Group, LLC has announced that Managing Director, Hobart Birmingham, and Vice President, Bruce Stouffer, are now Registered Representatives of Western International Securities

 PALO ALTO, CALIFORNIA December 13, 2013 – The Perreault Birmingham Group LLC (PBG), a Silicon Valley based investment banking and consulting firm, has announced that GBS Financial Corporation, the broker dealer through which the firm has offered investment banking services, has combined its operations with Western International Securities Inc. (“WIS”) based in Pasadena, California. Western is a mid-market Broker Dealer and maintains clearing relationships with JP Morgan Clearing Corp, Pershing LLC, and Wedbush Securities. As a part of the combination, PBG Managing Director, Hobart Birmingham and PBG Vice President, Bruce Stouffer, who were registered representative of GBS, have now become registered representatives of WIS.

“We have always been very impressed with the level of personal service and support that we have gotten from the GBS team for our clients,” said PBG Managing Director, Hobart Birmingham, “We believe this combination will only increase our ability to serve our clients and, with a larger organization, will make possible new opportunities for them. We look forward to working with Western as we grow our investment banking business together”.

PBG offers investment banking services and securities through its registered representatives with Western International Securities., member FINRA, SIPC. More information on The Perreault Birmingham Group LLC can be found at: www.thepbgrp.com.

Securities are offered through Western International Securities, Inc. Member FINRA/SIPC. The Perreault Birmingham Group LLC and Western International Securities, Inc. are separate entities.

 

Press Release - November 7, 2013 - PBG client HighCloud Security announcement

PBG client HighCloud Security acquired by HyTrust

PALO ALTO, CALIFORNIA NOVEMBER 7, 2013 – The Perreault Birmingham Group LLC (PBG), an investment banking and consulting firm, announced today that its client, HighCloud Security, based in Mountain View, California, has been acquired by HyTrust, also of Mountain View. HighCloud is a market leader in sophisticated cloud security technology that provides enterprises with robust, easy to manage encryption and key management solutions. “HighCloud’s technology is a perfect complement to HyTrust’s product offerings and enables HighCloud to take advantage of HyTrust’s global reach in sales and marketing” said Hobart Birmingham, Managing Director of The Perreault Birmingham Group. “The combined businesses will offer enterprise customers an unparalleled level of much needed security in both private and public cloud environments. It is rewarding to see a client that we’ve worked with for several years have their technology and business model validated through acquisition by a recognized industry leader like HyTrust.”

For more information on the acquisition see the full HyTrust press release at: HyTrust Press Release on BusinessWire


Press Release - May 2, 2013 - Finelite Board Announcement

PBG Managing Director, Hobart Birmingham Joins Finelite Board

PALO ALTO, CALIFORNIA May 2, 2013 – The Perreault Birmingham Group LLC (PBG), a Silicon Valley based investment banking and consulting firm, announced that Managing Director Hobart McK. Birmingham has been elected to the Board of Director of Finelite Inc. Finelite was founded in 1991 by Terry Clark, a lighting industry visionary, who saw the tremendous potential value of high-performance indirect lighting in America's workplaces and schools. At the same time, he recognized the issues inhibiting the adoption of this technology as an industry standard in buildings where visual comfort, visual health and occupant performance and satisfaction are high priorities. Funded by angel investors, Terry built Finelite on the premise that innovative and attractive high-performance indirect fixtures could be built to the highest quality standards, shipped and installed quickly and sold at affordable prices. Today, Finelite has become an industry leader in the design and manufacture of high-performance, environmentally sustainable lighting systems, including advanced LED technologies, for office, healthcare, and educational facilities. Newly elected Director Hobey Birmingham said “I am excited to have this opportunity to work with Finelite in helping them to continue to bring Terry’s vision of the future of indirect lighting to fruition. Under the leadership of Terry and CEO Jerry Mix, Finelite’s strong executive team and leading edge technology provide Finelite with tremendous potential for future growth and development.”


Press Release - December 12, 2012 - Toura Acquisition


Perreault Birmingham Group Client Toura Acquired by Grapple

PALO ALTO, CALIFORNIA December 12, 2012 – The Perreault Birmingham Group LLC (PBG), an investment banking and consulting firm, has announced that its client, Toura LLC, based in New York City, has been acquired by UK-based Grapple. Toura is a leader in cloud-based content distribution for smartphone and tablet applications while Grapple is Europe’s leading mobile innovation agency. “We believe Toura’s acquisition by Grapple provides tremendous opportunity for both companies and validates the value proposition created by the Toura solution” according to Hobart Birmingham, Managing Director of the Perreault Birmingham Group, “It is gratifying to see the efforts of Aaron, Sayoko and the entire Toura team recognized in this manner”.

For more information on the acquisition see the full Grapple press release at:

http://toura.com/news/grapple-acquires-toura

 

Press Release - March 25, 2011 - New PBG Palo Alto Office

The Perreault Birmingham Group Moving to New Palo Alto Office

PALO ALTO, CALIFORNIA March 25, 2011 – The Perreault Birmingham Group LLC (PBG), a strategic consulting and investment banking firm specializing in technology businesses, has announced that the firm will be moving its head office to a new location in Palo Alto, California effective April 1st. “Over the years, as the PB Group has developed and progressed, we have made an effort to continually upgrade our office space to better serve our clients”, said co-founder Hobey Birmingham, “The Hansen Way location is a true Class A building and provides us with even more amenities than our current space. Located just a block away from the intersection of El Camino and Page Mill in Palo Alto, the new location is convenient for our Silicon Valley clients and easy access from both Highway 101 and 280 makes it very accessible from both San Jose and San Francisco.”