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Recent ROTH Cleantech
Transactions
as of 9/9/11
Press Release Source: ROTH
Capital Partners
Conference to Feature Variety of Panel Discussions Promoting Economic Growth in
the Orange County Clean Technology Industry
and a Sold-out Exhibit Hall
NEWPORT BEACH, Calif.--(BUSINESS
WIRE)
Sep 9, 2011 -- ROTH Capital Partners (ROTH),
www.roth.com, a full
service investment bank recognized for providing financing and advisory services
to emerging growth companies worldwide, is pleased to announced that its
Director of Cleantech Investment Banking, Brian Kremer, will present at
CleanTech OC 2011, scheduled for September 12, 2011 at the Irvine Hyatt
Regency Hotel.
ROTH Capital Partners, a founding member of CleanTech OC, is proud to
once again sponsor and participate in CleanTech OC’s annual conference and expo.
The theme for CleanTech OC 2011 is "Cleantech at the Tipping Point," and
the event will provide a forum for the exchange of ideas, information, and
business opportunities among cleantech companies, government entities, and
academia. This full-day conference will feature remarks by Founder & CTO of
Amonix Vahan Garboushian; President Michael Peevey of the
California Public Utilities Commission; former Shell Oil president and author,
John Hofmeister; and CEO Joe Perry of FlexEnergy, among others.
Mr. Kremer will moderate a panel discussion at 9:30 a.m. on Investing in
Cleantech. The panel will include representatives from every stage of the
investment cycle, including professionals with expertise in early stage
government seed funding to those who specialize in assisting companies with
public offerings and listing on a national exchange.
“Although cleantech, like most industries, has seen a recent downturn in
investment dollars being put to work, after a decade on the scene, the cleantech
sector is now viewed as mainstream within the investment community,” Mr. Kremer
noted. “CleanTech OC’s rapid growth in just the past 18 months is a testament to
the important role cleantech is playing in spurring innovation and job growth in
Orange County and across the U.S.”
The first half of 2011 represented a watershed period for cleantech investment
banking at ROTH. During this 6-month period, ROTH led or co-managed seven
cleantech equity transactions and served as advisor on two strategic investments
and one acquisition. ROTH raised approximately $100 million for cleantech
companies in industries ranging from bioplastics, to emissions controls, and
advanced transportation technologies. In an advisory capacity, ROTH assisted
companies in tapping into nearly $120 million in growth capital and served as
financial advisor in the acquisition of a public company by an emerging
VC-backed demand-side management firm.
“We made the difficult decision during the height of the recession to double
down on cleantech and the past six months of growth are a clear sign that this
investment is paying off,” stated ROTH CEO Byron Roth. “I’ve made a personal
commitment to cleantech in my life, which is carrying over into the workplace as
well. As a business owner it is gratifying to know that we can create a
profitable and growing business center within the firm, while also making a
positive impact locally and globally through these technologies. As a 20+ year
member of the Orange County community, we are continually seeking opportunities
to participate in important organizations like CleanTech OC.”
Joe Schimmelpfennig, Managing Director, added, “We’ve seen a significant uptick
in interest among investors looking for above average growth during what remains
a tepid overall economy. Cleantech is also maturing to the point where there is
now a much larger universe of companies that has moved well beyond science
projects and is ready for the public markets. We expect the next few years will
remain very active as we continue to support this important growth sector.”
“Our cleantech research coverage comprises of 18 covered companies based in the
U.S. and China, and we have plans for further expansion”, stated Philip Shen,
ROTH’s Senior Research Analyst covering cleantech. “Our coverage includes a
number of cleantech sub-verticals, such as solar, electric vehicles, demand-side
management, energy storage, fuel cells, and emissions. In our view, many clean
technologies are on the cusp of establishing compelling economic value
propositions that we believe will result in a shift to market-driven demand and
away from policy dependence.”
To view the complete agenda for the September 12th Conference,
please
click here.
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