Respect Your Universe, Inc. has hired Merriman Capital, Inc. for advice on
effective strategies intended to appeal to a broader institutional
shareholder base, choice of trading venue, and organization of their
capital structure. Merriman's Capital Markets Advisory Group clients
also benefit from corporate brokerage services and access to unique
capital solutions over time.
Respect Your Universe develops,
markets and distributes athletic apparel and accessories for men and
women. The Company's products are premium quality and are designed for
performance, flexibility and comfort. The management team is focused on
sales through international partnerships, a strong web presence, as well
as retail stores. Respect Your Universe was founded in 2008 and is
headquartered in Portland, Oregon.
“We are excited to announce
Respect Your Universe as a new addition to our family of Capital Markets
Advisory clients,” commented Douglas Rogers, managing director and head
of the Capital Markets Advisory Group at Merriman.
Rogers continued,
“Respect Your Universe has what we believe to be high potential for
growth with innovative and proven products, and a solid management team
with a strong track record of successfully operating public companies.
The Capital Markets Advisory Group will offer Respect Your Universe's
management team with a range of services including market insight,
corporate brokerage services, strategic advice and access to capital
solutions.”
Separately, Respect Your Universe announced that Michelle Sibley has been appointed as a director of RYU effective as of March 11, 2014. Sibley is the Chief Financial Officer at Sachs Capital Group LP. Over the past ten years, her responsibilities at Sachs Capital Group LP have covered all financial aspects of the business, including financial modeling of investment opportunities, cash management, accounting oversight, coordination of financial transactions, tax research and analysis, review of legal documents and structuring of deals terms.
While at Sachs Capital Group, Sibley also served as the chief financial officer for SCG Financial Acquisition Corp., a publicly traded special purpose acquisition company. While in this role, her responsibilities included cash management, filing required documents with the Securities and Exchange Commission, performing due diligence on potential acquisition candidates and oversight of all accounting, audit and tax functions.
Prior to joining Sachs Capital Group LP, Sibley was a senior tax manager in Deloitte & Touche's tax practice. She has over 10 years of experience in public accounting, working in Arthur Andersen and Deloitte & Touche's hedge fund and alternative investment practices. During her public accounting career, she was responsible for tax planning, structuring of derivative transactions, tax compliance, and managerial oversight of over 20 staff.
