Investment Bankers with Decades of Experience in Successful Transactions

In the Press

• Culver Capital a division of Fallbrook Capital Securities, member FINRA/SIPC
  

  Culver Capital Investment Banking Group is pleased to announce that we are now registered as an affiliated Broker Dealer of Fallbrook Capital Securities. This new relationship will expand the range of products and services that we can offer our clients. Fallbrook Capital Securities Corporation (“Fallbrook”) is a member broker/dealer of FINRA/SIPC

• Culver hires investment banking professional, David Chacon
  

  David Chacon has over 15 years experience in sales, marketing, business development, finance and management. At the age of 27 he became senior-vice president of the world’s largest bank, Citigroup, perhaps its’ youngest. He was a vice-president at Credit Suisse. David has been quoted in The Wall Street Journal, The New York Times and Business Week. David is a Prince of Wales Delegate and attended the University of Cambridge Business and the Environment Program.

• Culver Capital closes $8,000,000 mezzanine debt transaction.
  

  Culver Capital closed an $8,000,000 subordinated debt transaction for a Southern California based Client. Culver contacted several subordinated debt investors and secured 5 term sheets within 2 weeks.  After narrowing down the list to three term sheets, the company met with the top three lenders and decided to move forward with one investor based on a combination of pricing, structure, investor flexibility and personal chemistry.  The investment was structured as a 5 year note with 12% current interest, 2% PIK interest and warrants.  This structure allowed the owner to receive a one time dividend from the Company of $6,500,000 without giving up significant equity in his Company.

• Culver Capital Opens Northern California Office
  

  Culver Capital is expanding and has opened a Northern California office in San Rafael.  We are excited about our new location. This will allow us to service many of our clients that reside in the bay area. The office will be staffed by Dick O’Connor and Mark Phillips who recently joined Culver Capital.  Both members are seasoned industry veterans who bring a wealth of experience and particular expertise in managed vendor lease programs and enterprise software.

• Dick O’Connor joins Culver Capital
  

  The Culver Investment Banking division of Culver Capital Group announces the appointment of Dick O’Connor as Senior Vice President. Mr. O’Connor will be located in our Northern California, San Rafael office and will focus on managed vendor lease programs and acquisition roll ups.

  Mr. O’Connor brings a wealth of experience to Culver Capital.  Previously Dick was the CFO of Bluefire Capital Partners, Managing Partner and Co-Founder of IntelliCap LLC and President and Founder of ILM where he specialized in the design and management of captive customer finance programs for high technology companies.  Clients included companies such as Silicon Graphics, Netscape, BEA Systems, Synopsys, Octel Communications, ADAC Laboratories, Red Brick Systems and Plantronics.  Before founding ILM, he was Senior Vice President of First Sierra Financial where he was part of a three member team that launched First Sierra’s internet financing program and raised $83M of equity. Previous to Sierra, he was Chief Financial Officer of the Open Systems Software Division of Convergent Technologies, Inc. where he led the acquisition and consolidation of thirteen software companies.  The division was subsequently grown to $240M in revenues and sold to Unisys in 1990.

  Mr. O’Connor holds a BA of Business Administration from St. Thomas University, ST. Paul Minnesota and an MBA in finance from the University of Minnesota/Minnesota State University.

  We are extremely pleased to have Dick as a member of the Culver Capital Investment Banking team,” said Bill Weaver, Managing Director of the Investment Banking Division. “His many years of experience in deal making and acquisition integration will add new depth to the team.”

• Mark Phillips joins Culver Capital
  

  The Culver Investment Banking division of Culver Capital Group announces the appointment of Mark Philips as Senior Vice President.  Mr Phillips will be located in our San Rafael office and will focus on acquisition, due diligence and management of enterprise software companies.  Mark Phillips has successfully lead technology and software development efforts for more than three decades. During his tenure as Chief Technical Officer of Knowmadic Software, he was responsible for managing the engineering and technical strategy. Prior to that, he held executive positions at various early-stage technology companies in Silicon Valley, serving as vice president of product development at General Magic until 2001, where he was responsible for building and overseeing the company’s technical and linguistics teams and planning and implementing the company’s enterprise-focused product direction. He was also Chief Technology Officer and Vice President of engineering at OPI Software, served as Vice President of engineering at Angara E-Commerce Services, and held positions at Insession, Inc. and Transactions Systems Architects, Inc. He began his career at IBM and Tandem Computers.

  Mr. Phillips earned a Master of Science degree in physics from Oxford University and holds 15 patents.

  We are extremely pleased to have Mark as a member of the Culver Capital Investment Banking Division” said Bill Weaver, Managing Director of the Investment Banking Division. “Mark brings many years of experience working with Venture backed Companies and a level of technology understanding that adds tremendous credibility to the firm.”