|
||
|
Venture capital firms and funds in Europe 128 Venture Capital Group 3i Venture Capital Accuitive Medical Acer Venture Capital Act Venture Capital Ltd Adelaide Venture Capital Email ADS Ventures Boston Advantages Of Venture Capital Advent Venture Capital Agio Capital Alabama Venture Capital Alaska Venture Capital All Stages Venture Capital American Venture Capital Analysis Venture Capital Analyze Venture Capital Angel Capital Appraisal Venture Capital Arch Venture Capital Argentina Venture Capital Arizona Venture Capital Arkansas Venture Capital Arrowpath Venture Capital Assess Venture Capital Assessment Venture Capital Atlas Venture Capital ATV Venture Capital Aurora Fund Australia Venture Capital Austria Venture Capital Automotive Venture Capital AZ Venture Capital VCgate More Venture Capital Terms and Topics
-
Pacific Crest Securities Secures $30 Million in Venture Capital Investment
February 6th, 2008 No comments
Pacific Crest Securities, the leading technology-focused investment banking firm, announced recently that it has completed a $30 million growth investment from CIVC Partners, based in Chicago, and Caltius Partners, based in Los Angeles. Under the terms of the transaction, CIVC and Caltius together will hold a minority ownership position in Pacific Crest. The company further announced that it will use the funds to accelerate the company’s growth. Daniel Helle, Partner of CIVC, will join Pacific Crest’s Board of Directors.
“We are pleased to have completed this investment as it is validation of the success of our single sector model, strength of our team and size of our future growth opportunities,” said Scott E. Sandbo, Chairman and CEO of Pacific Crest Securities. “Coupled with Pacific Crest’s strong market position and momentum, this investment will facilitate the acceleration of our key initiatives and market share gains.”
“We are impressed with Pacific Crest and excited about our investment,” said Daniel Helle, Partner at CIVC. “Pacific Crest has a highly differentiated and very profitable business model. “We look forward to working with Pacific Crest to assist in capitalizing on its substantial market opportunities.”
Pacific Crest’s exclusive focus on technology has produced award-winning research and generated strong operating and financial results. In 2007, the firm posted its fifth consecutive year of record revenues and record profits. Pacific Crest has received Institutional Investor’s “Top Tech Boutique” award for six consecutive years. Additionally, in 2007 the firm was co-manager on 12 public offerings that raised $3.5 billion for some of the leading tech companies in the world, including Alibaba, Data Domain, MercadoLibre and SuccessFactors. Pacific Crest intends to accelerate its growth plans in its equity research, sales and trading, and investment banking groups by expanding coverage, developing new products and adding staff.
Pacific Crest Securities is an investment banking firm that focuses exclusively on technology and conducts equity research, institutional sales and trading, M&A advisory, and public and private financings. The firm’s highly focused and collaborative approach gives it an unparalleled depth of knowledge and unique ability to identify the key emerging technology trends for North America’s and Europe’s largest institutional investors, venture capitalists, and technology companies. Pacific Crest has received numerous awards for its expertise, including Institutional Investor’s “Best of the Boutiques” award for its technology research in each of the past six years and Greenwich Associates’ #1 technology sales group ranking for each of the past three years. Headquartered in Portland, Ore., Pacific Crest also has offices in San Francisco, Calif.; Stamford, Conn.; and Boston, Mass.
For more information, please visit www.pacific-crest.com.
Leave a reply
Latest Headlines:
Friday August 31, 2012
Zscaler Secures $38 Million Investment Round
Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.
Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects
Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding
Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies
Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains
Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster
Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility