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
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
You are moving to the Cloud. The question is not if, it’s when. Now that your competitors are in the cloud and lapping you, your “when” better hurry up and get here. But saying and doing are two different things. In his session at @DevOpsSummit at 18th Cloud Expo, Robert Reeves, CTO of Datical, explained how DevOps can be your onramp to the cloud. By adopting simple, platform independent DevOps strategies, you can accelerate your move to the cloud. Spoiler Alert: He also makes sure you don’t...
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, shared the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office. In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
"We are a custom software development, engineering firm. We specialize in cloud applications from helping customers that have on-premise applications migrating to the cloud, to helping customers design brand new apps in the cloud. And we specialize in mobile apps," explained Peter Di Stefano, Vice President of Marketing at Impiger Technologies, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.