TRANSACTIONS & SERVICES

With a 90% success rate, including $450M in M&A and IPO exits and $500M+ in equity financing from venture and corporate sources in current and prior endeavors, Pinestream Advisors leverages 60+ years of global experience and relationships in delivering premiere, highly personalized, strategy-oriented advisory services.

Subsequent to our operating roles as CEO, marketing executives and serial entrepreneurs, Pinestream has continually expanded our industry relationships in semiconductors, wireless and comm/IT as members of the Venture Capital community, analyst and advisors to private and public companies alike.

A sample of representative transactions and advisory services includes:

M&A Advisory Services — $450M in M&A & IPO exits
     • Wireless Semiconductor IPO (NJ)
     • Merged 2 venture funds (MA/CO)
     • Power Mgmt ICs (acq. by CA public company)
     • ICs for VoIP gateways (acq. by CT public company)
     • Integrated IP platforms (NY public company)

Capital Raising Services — $275M for 16 Companies
     • Ethernet Video Switching (Quebec)
     • RFICs for Consumer Applications (MA)
     • Wafer Fab Equipment (NH)
     • RFICs for WLAN (MA)
     • QoS/Networking Appliances (MD)

Strategy/Due Diligence Services — $240M for 40 Companies
     • WLAN Infrastructure (MA)
     • A/D Converters for Consumer & Communications (MA)
     • RFID Readers (CO)
     • DSPs for Digital Imaging (MA)
     • Power Management ICs (NJ)

Other Advisory Services:
     • Evaluated Establishing a $150M+ Corporate Venture Fund (“A” tier Semiconductor Company)
     • Due Diligence of 40+ Semiconductor & Communications Companies (MA-based Venture Fund)
     • Strategy & Business Plan for Med Tech Company (Middle East Venture Fund)
     • Strategy & Training for new NPU Market (Microprocessor IP Company)

Volunteer Advisory Services:
     • Global Semiconductor Alliance — Start-up Awards Committee, GSA Forum Columnist
     • TiE — Co-chair, Semiconductor Sub-group
     • UMASS — Charter Member, Entrepreneur Mentor Program
     • NSTI (nanotechnology) — Venture Review Committee

Complete list of transactions and assignments available upon request.

“Mike’s efforts in successfully selling our company far exceeded our expectations, particularly following a failed attempt by a traditional investment banking firm. His hands-on approach toward positioning the company, leading discussions with potential acquirers, negotiating skills and subsequent due diligence support were second to none.” – R.O., CTO (power management IC company with $25M invested from 3 VCs)

“Mike drove a strong process, was very creative and a skilled negotiator in selling one of our portfolio companies. We look forward to working with him again.” — D.F., Managing Director (venture fund with $700M under management)

“Cliff is a primary source for identifying deals that we did not see and for finding out what happened to deals that we did see, but chose not to pursue.” — DL, Partner (venture fund with 20+ semiconductor investments & $1.9B under management)

“Cliff's analysis is very timely and insightful, and provides our firm with great market intelligence and a view of industry trends.” — DA, President & CEO (publicly traded semiconductor company with $800M revenue)

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