Press Release
CB Capital Advisory Acts as Financial Advisor to SkyBell Technologies in Bridge Financing
August 9, 2024 – West Palm Beach, FL — CB Capital Advisory is pleased to announce its role as financial advisor to SkyBell Technologies on their recent bridge financing transaction. The deal marks a milestone for both companies and underscores CB Capital Advisory's commitment to facilitating strategic financial solutions for its clients in the technology sector.
SkyBell Technologies, the pioneer video doorbell company, has been at the forefront of developing cutting-edge smart home security solutions, including their renowned video doorbells and home security cameras. The company’s commitment to providing high-quality, reliable, and innovative products has positioned them as a market leader in the smart home industry. The bridge financing round will provide SkyBell Technologies with the necessary capital to expand its product line, enhance its technology infrastructure, and strengthen its market presence. This infusion of capital will also support the company’s strategic initiatives, including expanding into new markets, forming key partnerships, and importantly enforcing its vast intellectual property.
“We are thrilled to have partnered with CB Capital Advisory on this important bridge financing round,” said Giovanni Tomaselli, President of SkyBell Technologies. “Their expertise and guidance were invaluable in securing the necessary funding to support our growth objectives and drive our innovation forward.”
CB Capital Advisory played a crucial role in structuring and negotiating the bridge financing deal, leveraging its expertise in the technology sector and deep understanding of market dynamics to secure favorable terms for SkyBell Technologies. The transaction highlights CB Capital Advisory's deep lender and investor relationships and its ability to provide tailored financial solutions that meet the unique needs of its clients and drive long-term value creation.
"We are proud to have acted as financial advisor to SkyBell Technologies in this critical financing round," said Christopher Barkauskas, Founder at CB Capital Advisory. "SkyBell Technologies is an innovative company with a bright future and an important mission to provide Safety, Security, and Trust to the mass market. The partnership between SkyBell Technologies and CB Capital Advisory exemplifies our collaborative approach to achieving strategic objectives and maximizing shareholder value. We are thankful for the trust placed in our firm and excited to support their continued growth and success."
About CB Capital Advisory:
CB Capital Advisory is a leading boutique financial advisory firm specializing in providing comprehensive advisory services to clients across various industries. With a team of seasoned professionals and a track record of success, CB Capital Advisory is committed to delivering strategic financial solutions that drive growth and enhance shareholder value.
For more information about CB Capital Advisory and their services, please visit www.cbcapitaladvisory.com
About SkyBell Technologies:
SkyBell Technologies is a leading provider of smart home security solutions, known for their innovative video doorbells and home security cameras. Committed to enhancing home security and convenience, SkyBell Technologies offers high-quality, reliable products that empower homeowners to monitor and protect their homes from anywhere in the world.
For more information about SkyBell and their services, please visit www.skybell.com
CB Capital Advisory a Proud Sponsor of the 24th Annual Run 4 the Pies
July 16, 2024 - Tequesta, FL — For the second year in a row CB Capital Advisory is proud to announce its sponsorship of the 24th Annual Run 4 the Pies, taking place Thanksgiving Day in Tequesta, Florida on November 28th, 2024. This annual event, known for its vibrant community participation and spirited competition, supports the Food Pantry at Good Shepherd's Episcopal Church in Tequesta, FL.
Food cost inflation has taken a toll on those already struggling to feed their families. In the past three years, The Food Pantry at Good Shephard has grown exponentially, from serving 3-4 families per week to serving an average of 65 families per week, or 250 people. Everyone who comes to the Pantry is given a bag of healthy food items: cereal, pasta, peanut butter, canned tuna or chicken – and fresh breads and produce donated from local supermarkets. Those in need come every week, and they share how much the Pantry’s support has helped them through the hard times.
As a dedicated member of the community, CB Capital Advisory recognizes the importance of giving back and supporting local initiatives. The Food Pantry at Good Shepherd's Episcopal Church plays a crucial role in providing food assistance to individuals and families in need throughout the Tequesta area.
"We are honored to sponsor the 24th Annual Run 4 the Pies," said Chris Barkauskas, Founder of CB Capital Advisory. "This event not only brings the community together but also supports a vital cause. We are committed to making a positive impact and are proud to contribute to the Food Pantry’s mission of helping those in need."
The Run 4 the Pies event features a four-mile run, drawing participants and spectators from across the region. Proceeds from the event will directly benefit the Food Pantry, helping to ensure that it can continue to serve the community effectively.