Welcome!

News Feed Item

Gordon Brothers Group Announces the Acquisition of Emerald Technology Valuations, LLC

BOSTON, Jan. 7, 2013 /PRNewswire/ -- Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that it has acquired Emerald Technology Valuations, LLC ("Emerald"), the premier high tech valuation and disposition firm headquartered in San Francisco, CA. Emerald specializes in high technology machinery & equipment and inventory valuations and dispositions. The acquisition will expand the commercial and industrial capabilities of Gordon Brothers Group by adding these capabilities in the high technology sector.

The Emerald team brings to Gordon Brothers Group unparalleled expertise within the high technology arena, significantly enhancing the breadth of services Gordon Brothers Group offers its clients. The Emerald team, located in San Francisco, will continue to serve their client base as Emerald Technology Valuations, a Division of Gordon Brothers Group. Emerald's President, Kevin Otus, will join the Commercial & Industrial Division of Gordon Brothers Group where he will continue to be responsible for the review of and sign-off on Emerald appraisals, consistent with the current practices of Emerald and Gordon Brothers Group.

"We are very excited to have Kevin Otus and the Emerald team join Gordon Brothers. We have been collaborating with Kevin and his team for many years in both asset dispositions and appraisals and have been impressed with the specialized expertise and professionalism of the Emerald platform. Gordon Brothers Group's Appraisal & Valuation Division has registered double digit growth over the past several years, particularly in the commercial and industrial sectors, and Emerald adds the highest level of expertise in the technology industry to our platform," stated Gary Talarico, President & Chief Executive Officer of Gordon Brothers Group. "Led by Co-Presidents Robert Maroney and Robert Himmel, our Commercial & Industrial Division has been the firm's fastest growing business since it was established in 2007. Our history of successful collaboration with Kevin Otus and the Emerald team will allow a seamless transition."

Robert Maroney of Gordon Brothers Group's Commercial & Industrial Division stated: "We are very excited to have Kevin join our group. We have combined forces on multiple transactions in the past and he brings to our group an important expertise." Robert Himmel added, "Kevin brings numerous strengths to the Commercial & Industrial Division including a broad set of relationships that will expand our coverage of the marketplace."

Emerald has become the acknowledged leader in the appraisal and disposition of high technology equipment and inventories. Emerald's industry expertise spans the fields of Biotech, Broadcasting, Electronic Manufacturing Services, Photovoltaic (Solar), Printed Circuit Board, Video Post Production, Semiconductor and Telecommunications, among others, making their proximity to Silicon Valley instrumental in  understanding the value of technology assets.  In 2010, Emerald teamed with Gordon Brothers Group to conduct the worldwide remarketing campaign of the Qimonda Richmond, LLC 300mm and 200mm semiconductor facility located in Richmond, Virginia.  The sale consisted of approximately 800 individual 300mm and 200mm semiconductor tools with the toolset having an original cost exceeding $1.5 billion.  The majority of the tools were sold to end-users within the U.S., Europe and Asia, which maximized value and exceeded client expectations.

Kevin Otus added, "Over the last fifteen years, with the hard work of our team and the help of our friends, clients and referral sources, I believe we have accomplished the objective of building the premier high technology asset advisor. We are proud of what we have achieved, grateful for our success and ready to take the next step. After successfully collaborating on numerous transactions over the last several years, joining Gordon Brothers was the next logical step. I am excited about this strategic transition and know it will bring greater scale, scope and benefits to our valued relationships."

About Gordon Brothers Group

Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt and equity financing, and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion worth of transactions and appraisals annually.

About Emerald Technology Valuations, LLC

Founded in 1997, Emerald Technology Valuations, LLC (www.emerald-tech.com) is the premier appraisal, disposition and advisory firm specializing in high technology machinery & equipment and inventory for Fortune 500 companies, turnaround advisors, major lending institutions and venture capitalists.  The Emerald team includes a seasoned staff experienced exclusively within the tech arena that includes ASA accredited appraisers capable of conducting and managing large, complex, multi-content assignments. 

SOURCE Gordon Brothers Group

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
While many government agencies have embraced the idea of employing cloud computing as a tool for increasing the efficiency and flexibility of IT, many still struggle with large scale adoption. The challenge is mainly attributed to the federated structure of these agencies as well as the immaturity of brokerage and governance tools and models. Initiatives like FedRAMP are a great first step toward solving many of these challenges but there are a lot of unknowns that are yet to be tackled. In hi...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.