Client testimonials for Kevin W. Shultz

“You can’t find a better investment banker than Kevin Shultz. Kevin is smart, creative, diligent, responsive and gets the job done. From 2006 to 2007, I was CFO of Santa Barbara-based Global Brand Marketing, a $200 million designer and marketer of fashion forward shoes that was experiencing severe financial problems. Kevin worked tirelessly to hold the existing lenders in place and get the agreement of our Chinese manufacturers (including flying to China twice) while he finalized the recapitalization of the company. Kevin more than earned the agreed upon fee and we willingly paid his firm a bonus of 3x the amount owed per the engagement letter.” Martin McDermut, CFO of Vitesse Semiconductor, commenting on the recapitalization of his former employer, Global Brand Marketing.

“I have worked with Kevin on several deals over the years. He has the impressive ability to find solutions for his clients on complex transactions. More than once, I have submitted a valuation or capital solution for one of his client’s businesses only to be informed by Kevin that my offer was insufficient. In each case, I have (boldly) predicted that he would be back to accept my offer at some later date. Unfortunately for me, I have been wrong each time, as Kevin’s next call to me has been to let me know he was able to get the deal closed. While I never seem to get the deal, I am always impressed by Kevin’s abilities and professionalism. John Beauclair, Gryphon Investors, a San Francisco-based private equity fund, commenting on his participation in corporate sale processes run by Kevin Shultz.

“I recently hired Kevin to assist in locating prospective investors for my company. Kevin did a superlative job of acquainting himself with the industry and developing a strong understanding of the space before crafting a well-written summary and offering memorandum on the business. He then put a well-thought out list of both strategic and corporate investors, zeroed in on those that were the best fit to meet the stakeholders’ objectives and then went to work. I am pleased to report that Kevin was successful in bringing our top prospect to the table and ultimately to a close within five months. I would recommend speaking with Kevin if you are looking for an experienced professional that will offer straightforward advice.” Larry Pizzi, President, Currie Technologies commenting on the sale of his company by Kevin Shultz to Netherlands-based Accell Group N.V.

“Aviat Networks (NASDAQ:AVNW) hired M&A specialist Kevin Shultz in early 2011, based on a strong referral from an ex-colleague of his from Drexel Burnham Lambert, to help Aviat divest its troubled WiMAX equipment business. Kevin, who was at the time with FTI Consulting, performed admirably generated several proposals for the acquisition of this underperforming business. This was an extremely challenging transaction that faced numerous challenges and last minute hurdles. Kevin exhibited tremendous tenacity, resourcefulness and creativity in driving the transaction home to a successful conclusion. As such, I wholeheartedly recommend Kevin to others looking for a “top shelf” investment banker.” Meena Elliott, General Counsel, Aviat Networks, commenting on the sale of the company’s WiMAX equipment business by Kevin Shultz to Canadian-based Eion Wireless.

“I direct Corporate Development for j2 Global Communications (NASDAQ:JCOM) and have had the pleasure of working with Kevin for more than four years since we engaged him to provide merger and acquisition advice in 2006. Since that time, Kevin helped us acquire three companies: Send2Fax, PhonePeople and the Trustfax unit of Comodo. Kevin enjoys a rare combination of vast investment banking experience, highly likeable personality, a broad network of contacts and lots of creativity, the combination of which proved extremely valuable often times when deals were about to “explode”. Kevin had to be very resourceful to ensure that both j2 and each of the three sellers were able to reach common ground, get to the finish line, surpass last minute hurdles and complete the deal. His unique, easy-going personality created trust between buyer and seller in each of these cases. I have extended j2’s contract with Kevin four times and would gladly do so again in the future.” Yoad Arber, former Vice President, Corporate Business Development, j2 Global Communications commenting on Kevin Shultz’ role as j2’s M&A advisor.

“Kevin worked with me and my team at Overland Storage (NASDAQ:OVRL) during the turbulent days of late 2008. We were in need of funding during a difficult time for the company and in the midst of one of the worst financial crises since the Great Depression. Despite this environment, Kevin worked tirelessly and found lenders for the company. This liquidity helped bridge the company until more permanent capital could be found. Kevin has a depth of experience that is unparalleled and he receives my highest recommendation.” Vern LoForti, former President, Overland Storage, commenting on Kevin Shultz’ role as the company’s investment banker in finding “rescue financing”.