|By PR Newswire||
|January 17, 2013 06:19 PM EST||
NEW YORK, Jan. 17, 2013 /PRNewswire/ -- Aleutian Capital Partners is pleased to announce its investment in Global Sugar Art (www.globalsugarart.com), a niche e-commerce provider of high quality baking and design supplies to cake and confectionary decorators worldwide. Aleutian Capital has partnered with the company's founder to continue growth of the business, and Aleutian's operating partner for e-commerce, Daniel Pfeffer, is leading Global Sugar Art's online strategy. Aleutian is an active investment and merger advisory firm in the e-commerce industry, with this latest financing following successful transactions with companies such as Karmaloop.com, Lighting by Gregory, and Luxor Direct.
Founded in 2002 and headquartered in Plattsburgh, New York, Global Sugar Art distributes confectionery decorations, ingredients, tools, and equipment used in cake and candy making. The company offers nearly 10,000 products including many private label items. Its fast-growing clientele is comprised of professional and amateur cake decorators worldwide. Alan Tetreault, CEO of Global Sugar Art and professional cake decorator, travels the world in search of unique cake decorating products that he offers exclusively through the company's website. The company's training videos and social media platforms enjoy a growing and loyal following.
O. James Sterling, III, managing director at Aleutian Capital, led the transaction and stated, "We are excited about our investment in Global Sugar Art. It is a leading company in its niche and CEO Alan Tetreault is one of the segment's most respected decorators and product experts. We look forward to continuing the company's growth alongside Alan in the years ahead. Global Sugar Art is the latest in a series of e-commerce transactions for Aleutian, and we continue to seek attractive opportunities to provide growth capital or make acquisitions in the industry."
Daniel Pfeffer, an operating partner with Aleutian Capital and chief e-commerce strategist, commented, "Global Sugar Art has all the right ingredients to make it a stand-out within the e-commerce landscape. The loyal customer base and brand positioning, combined with the spectacular merchandising of Alan Tetreault, makes working on growing GSA a pleasure."
Alan Tetreault, founder and CEO of Global Sugar Art, stated, "We are pleased to partner with Aleutian and Daniel Pfeffer, who are bringing platform expertise to help Global Sugar Art deliver a leading customer experience while maintaining its commitment to deliver the highest value and product selection. We are excited to be developing products under our own brand including fondant, sugar flowers, packing materials, food coloring and more. Moreover, everyone can now enjoy our free step-by-step cake decorating tutorials and videos on YouTube or join our family on Facebook."
About Aleutian Capital Partners
Aleutian Capital Partners (ACP) is the private equity investing arm of Aleutian Capital Group. ACP invests in and acquires privately-owned companies in North America with revenue between $10 and $200 million. Aleutian Capital Group is a New York investment bank serving shareholders and acquirers of companies throughout North and South America, Asia and Europe. Services include assisting executives with management buyouts, securing growth capital, merger and acquisition advisory, valuation assessment, and recapitalizations. Aleutian provides particular expertise in technology, e-commerce, aviation, aerospace, healthcare, transportation, telecom, energy, and industrial manufacturing. Please visit www.aleutiancapital.com for more information.
SOURCE Aleutian Capital Partners
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Apr. 28, 2017 11:45 AM EDT Reads: 1,324
Apr. 28, 2017 11:30 AM EDT Reads: 2,480
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Apr. 28, 2017 11:30 AM EDT Reads: 1,721
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search an...
Apr. 28, 2017 11:15 AM EDT Reads: 680
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Apr. 28, 2017 11:00 AM EDT Reads: 2,239
Apr. 28, 2017 10:30 AM EDT Reads: 841
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
Apr. 28, 2017 09:45 AM EDT Reads: 811
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.
Apr. 28, 2017 09:45 AM EDT Reads: 618
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Apr. 28, 2017 09:00 AM EDT Reads: 1,100
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
Apr. 28, 2017 08:00 AM EDT Reads: 1,196
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Apr. 28, 2017 07:45 AM EDT Reads: 1,577
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
Apr. 28, 2017 06:45 AM EDT Reads: 1,116
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Apr. 28, 2017 06:45 AM EDT Reads: 1,592
Apr. 28, 2017 06:30 AM EDT Reads: 1,414
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Apr. 28, 2017 06:15 AM EDT Reads: 1,319
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
Apr. 28, 2017 05:15 AM EDT Reads: 2,413
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
Apr. 28, 2017 03:15 AM EDT Reads: 939
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Apr. 28, 2017 03:00 AM EDT Reads: 6,274
Apr. 28, 2017 01:15 AM EDT Reads: 9,293
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Apr. 28, 2017 12:15 AM EDT Reads: 1,438