Veteran Investment Bankers Form One-Of-A-Kind Merchant Bank Focused on Convergence of Technology, Data and Services Companies

McLean, VA (PRWEB) October 19, 2011

Northern Virginias technology corridor welcomes a new, one-of-a-kind merchant bank providing M&A and capital raising solutions exclusively for high growth Business and Technology Services companies. Clearsight Advisors, founded by former and present colleagues Joel Kallett and Greg Treger, along with Bhavin Patel and Beth Seidler has opened its office headquarters in the heartbeat of Northern Virginias technology corridor in Tysons Corner.

Clearsight is the only merchant bank in the Washington, DC Metro area focused exclusively on the technology and services sectors. Led by Kallett and Treger, who have a combined track record of over $ 10 billion in M&A transactions, the Clearsight team has worked together collectively for nearly a decade.

Most banks in the area are singularly focused on the Federal contracting space, said Joel Kallett, Clearsight Managing Director. The DC region is a dynamic business environment that is going through a transformation from a federal-centric community to one that is innovating across the global commercial landscape. This area is home to many pioneering high growth companies that are creating jobs and serving a litany of customers beyond the beltway, and these companies will benefit from a strategic financial advisor that understands their specific needs.

Kallett is an entrepreneur at heart and is now bringing his experience and thought leadership to work at Clearsight. Prior to forming Clearsight, Kallett was Head of the Business Services Investment Banking Group at Houlihan Lokey. His extensive career includes leading the global financial technology practice at Deutsche Banc Alex. Brown and time as a Partner with Updata Capital.

Tregers experience spans 15 years advising technology and professional services clients. He was previously with Updata Capital, where he and Kallett first met, and subsequently moved their team to Houlihan.

We formed Clearsight with a few simple goals work with top quality businesses and management teams, get involved early, provide high value-add, strategic and financial advice and participate in helping our clients realize their vision, said Kallett.

In addition to a substantial track record of success advising clients serving the private sector, the Clearsight team has a unique history of advising hybrid companies that serve both the private and public sector with their technology-enabled solutions. As the public sector has become more comfortable with procuring technology solutions on a commercial basis we have seen a growing number of solution providers serving both the private and public sectors. We believe providing a local team with global experience is critical to supporting this underserved community, said Greg Treger, Clearsights Managing Director.

The Clearsight team has advised on over 100 M&A and capital raising transactions with many of the industry leaders locally, nationally and globally, including IBM, Accenture, Deloitte, The Carlyle Group, JMI Equity and Arlington Capital. Unlike other firms, Clearsight is less focused on size and more focused on the fundamental business characteristics of its clients and the underlying dynamic of the markets they serve.

Clearsight is already planning to expand the team by adding senior-level executives who share the vision of the company.

About Clearsight Advisors

Clearsight Advisors is an independent merchant banking firm dedicated to providing world-class M&A and capital raising solutions exclusively to growth-oriented Business and Technology services companies. Clearsight combines deep market insights across software, services and data with vertical expertise in financial technology, public sector technology and education technology. This market knowledge combined with superior strategic and financial advice allows Clearsight to act as a catalyst, enabling entrepreneurs, private equity owners and board of directors to successfully advance their vision. The Clearsight team has executed M&A transactions ranging in size from $ 20 million to over $ 2 billion. For more information, visit http://www.clearsightadvisors.com

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New $140 Million Funding Deal for a 45MW Waste-to-Energy Plant in Costa Rica Engineered by Merchant Banking Firm, With Enthousiastic Government Backing

(PRWEB) October 19, 2011

Capital Corp Merchant Banking has entered into a $ 140 million funding agreement with a US-based company to fund the first phase of a waste-to-energy plant, to be situated in Alajuela, Costa Rica. The full project will eventually amount to an investment totalling $ 400 million. As the Costa Rican government has grown impatient with landfills' negative impacts, this development comes at a most opportune time.

The funding agreement is based on 11% common stock and 89% debenture. The project consists of starting with a plant capable of generating 15 MW/hr of electricity, after which it will build 2 (two) additional plants that will produce 15 MW/hr of electricity each, derived from various wastes, for a total of 45 MW.

The technology for the plant comes from Entech Renewable Energy Solutions, a technology provider and global leader in Low Temperature Gasification technology.

Costa Rica, like many other countries around the world, is facing a waste management problem and energy crisis; its landfill dilemma has social, economic, and environmental repercussions; it struggles to keep up with increasing demand for electricity; its power production is limited, which has engendered setbacks in growth; and energy production and waste management have become highly politicized issues. This project represents a long-term solution to both waste management and electricity production, while taking into account the country's efforts to preserve its ecological and environmental balance. In fact, the Costa Rican Ministry of Health ruled in 2010 that municipalities would have to adopt sustainable and environmentally friendly means of processing municipal solid waste (MSW) henceforth.

The plant has the capacity to convert 100% of landfill waste, and once completely finished it will be able to handle an intake of 520,000 tons of gasifiable waste and generate electricity up to 47.4 MW/hr.

Economic benefits to be derived from this ambitious project include but are not limited to: reduced cost of generating electricity; greater distribution of electricity throughout Costa Rica; reduce landfill-designated areas and thus reduce local pollution; increase property values in surrounding areas; myriad recycling benefits; and greater tourism value for Costa Rica as an eco-tourism hotspot as the country becomes 'greener'.

This project will also play a major role in Costa Rica's effort to reach its ambitious goal of becoming the world's first carbon neutral country by 2021. With this first project and 2 anticipated similar projects of similar size, the client intends to contribute to the reduction in the country's carbon footprint by well over 4 million tons of carbon or equivalent greenhouse gases over the next decade.

The method by which this project is to be funded is the brainchild of Mr Gilles Herard, Jr. Mr Herard is a seasoned Merchant Banker and has been in the banking industry for 38 years. He worked early in his career at the Toronto Dominion Bank (Canada) and later on joined Manufacturer Hanover (MH) of New York as Senior Credit Analyst. He eventually created his own Firm, Capital Corp Merchant Banking, where he syndicates and structures funding for top companies worldwide, all the while investing his own firms funds into the projects. As the head of Capital Corp Merchant Banking, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, nominated as Executive of the Year by the internationally acclaimed National Registers Whos Who, and having received the Senatorial Medal of Freedom, among many others.

About Capital Corp Merchant Banking: Capital Corp Merchant Banking offers quality Merchant Banking services for a variety of projects worldwide. Capital Corp Merchant Banking has developed close working relationships with groups of Professionals: Specialists in Finance, Commercial Risks Insurance and Re-Insurance, International Accounting Firms and Law Firms, and the largest Valuation Firm in the world. Capital Corp Merchant Banking is solution-oriented and known for being the most flexible Funding Source on the Market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction. Capital Corp Merchant Banking offers many services: Project Financing, Consulting, Due Diligence, Evaluation of a Business, Negotiating Services, Acquisitions, Investment Approach, and Presentation Reports as well. For further information, please visit our website.

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