Founded in 1992 by senior executives with entrepreneurial, line operating, and bulge bracket investment banking experience.

During the month of March 2010, Avalon, as the sole placement agent, raised Frederick's of Hollywood Group Inc. $3mm in common stock and warrants.




   

Client Transaction Description ($mm)

Avitar, Inc.
Arbitrator - Business Services
Served as an approved AAA arbitrator in a contract performance dispute for an aircraft parts distributor.


EC Outlook
Fairness Opinion - Business Services
Rendered the fairness opinion of the consideration to be received by shareholders in ChemConnect, Inc.'s acquisition of EC Outlook. EC Outlook provides business-to-business integration solutions for mission-critical supply chain, demand chain and financial transaction processing. ChemConnect optimizes purchasing and sales processes for chemical, plastic and related products through an active trading partner network and a combination of market information, industry expertise and e-commerce solutions. (www.chemconnect.com)


Factory Card of America
Warrant & Employee Stock Valuation - Retail
Provided a warrant and employee stock valuation at the time of the intial public offering of this leading chain of company-owned superstores offering a vast assortment of party supplies, greeting cards, gift wrap and other special occasion merchandise at everyday value prices. (www.factorycard.com)


First Republic Corporation of America
Fairness Opinion - Investment Holding Company
Rendered a fairness opinion regarding the settlement of guarantee through a combined payment of cash and an occupied rental property.


Food Manufacturer
Valuation Opinion - Consumer Product Company
Valued privately held food manufacturer and and the minority interest in the company to facilitate estate planning restructuring.


ICTS International NV
Fairness Opinion - Business Services / Technology
Rendered fairness opinion regarding an investment and management arrangement between ICTS and International Tourist Attractions Ltd. a private company that develops equipment and media for entertaining and educational tourist attractions. ICTS (NASDAQ:ICTS) provides premier aviation and other security services throughout Europe and the U.S, based on profiling, smart card, image recognition and other leading edge techniques and technology systems. (www.icts-int.com)


RibbonCraft Associates Inc.*
Valuation & Sale of Minority Interest
Provided valuation of private company and advised in sale of minority interest. (*)An Avalon's Managing Director worked with management while at Glenis Group Inc., which acted as the sole financial advisor.


Sterling Optical Corporation
Fairness Opinion - Retail
Advisor to Sterling Optical Corporation (NYSE listing) in its Chapter XI bankruptcy, formulating its bankruptcy plan, arranging debtor-in-possession financing, selling assets and providing fairness opinion.


The Spiegel Group
Opinion Letter - Catalogue / Mail Order
For purposes of redeeming preferred shares held by management, valued Newport News, Inc., an over $300 million revenue apparel catalogue company controlled by Spiegel, Inc. (NYSE:SHI) a international catalog, retail and mail order company.


Vetco, Inc.
Valuation Opinion - Private
Appointed by the Supreme Court of the State of New York, County of Nassau as a neutral expert to value a minority shareholder's ownership after a rescinded Initial Public Offering.

   


Branded Consumer Products
Specialty Retailing / Direct Marketing
Business Services
Media / Marketing / Technology
Alternative Energy / Industrial / Manufacturing
Biotechnology / Pharmaceuticals / Medical Devices / Diagnostic Services


Private Placements
Mergers, Acquisitions and Divestitures
Valuations / Fairness Opinions
Financial Restructurings
Advisory Services / Business Plans
Private Investments In Public Equity (PIPEs)