Beechtree Capital is currently participating in innovative emerging companies across the energy, ecological, transportation, waste and HVAC industries.
iQ International AG
Beechtree Capital is a co-founder and controlling partner in iQ International AG, a public Swiss corporation which, with international strategic partners, provides comprehensive proprietary energy management solutions for the transportation and waste and water industries, as well as the development and implementation of technologies to improve reliability, security and resiliency of the various aspects of the world wide Grid. George Weiss, the CEO and founder of Beechtree Capital, serves as Executive Chairman of iQ International AG. Since Mr. Weiss assumed the Executive Chairmanship and Beechtree Capital made its initial investment in early 2017, the corporation has gone from a $10 million to a nine-figure valuation. The corporation is currently working with some of the largest investment firms in the world to raise over $200 million dollars.
ICT (Innovative Climactic Technologies)
Beechtree Capital is an early investor in this Arizona corporation providing important breakthrough technologies for the international HVAC industry. ICT provides proprietary innovative evaporative cooling technologies that greatly improve the profit margins and ecological aspects of the international HVAC industry. Installations, large and small, have been placed in countries worldwide. Mr. Weiss serves as Executive Chairman of the corporation, and since he took office and Beechtree Capital made its first investment in 2017, the corporation’s value has tripled.
Notable Past Projects
In 2007, Beechtree Capital led the first institutional equity financing of the then two-year-old XOS Digital, Inc., and Mr. Weiss became an active member of the firm’s board of directors and committee member. The firm, valued at $5 million when Beechtree Capital made its first investment, pioneered digital and media technology for the entire sports industry. XOS developed important associations with 480 sports partners, and its technologies are now widely used by over 900 teams. After a number of investment rounds involving major US venture capital firms, the company was successfully sold in 2017 with a nine figure valuation.
Bowen Smith Corp.
Beechtree Capital and related investors were the initial institutional investors in, and Mr. Weiss was the co-founder and board chairman of, Bowen Smith Corp., an early microwave radio communications tower company based in Houston, Texas. Under Mr. Weiss’ leadership during a number of equity and debt financings, the company merged with American Radio Systems and went public on the NYSE as American Tower Corp. The corporation, under Mr. Weiss’ leadership, pioneered a crucial aspect of the world-wide cellular industry – the radio communication tower technologies that made cellular communications possible. The company went from a 2001 valuation of $38 million to today’s value on the NYSE exceeding $86 billion. American Tower Corp. is currently the largest radio communications tower and related facilities company in the world, and Beechtree Capital remains a shareholder.
In the early 2000s, Beechtree Capital invested in and led a small group to reorganize and finance Nexsan Corp., a fledgling British company in the emerging data storage industry. Nexsan developed new and innovative data storage technologies for the mid and lower industry sectors. Mr. Weiss, as Board Chairman, oversaw the firm’s relocation to the United States, where it became headquartered in the Los Angeles area. Mr. Weiss served as board chair for 10 years and as co-chair with a past CEO of Lucent Technologies for two years. He also led a number of preferred stock and convertible debt funding rounds. The company merged with a NYSE firm in early 2013 with a nine figure valuation.
VeriFides Technology, Inc.
Beechtree Capital co-founded, invested in and developed VeriFides Technology, Inc., which acquired innovative patents for digital media security. Mr. Weiss chaired the board of directors of VeriFides, which was based in New York City. The technology, originally developed by the US Military, was scheduled to be marketed through a collaboration with General Dynamics Corp. The patents were successfully sold in 2011 to a major international patent firm formed and led by an early Microsoft CTO. Investors enjoyed a 3x near term return.
Forward Edge, Inc.
With Romeo Laurel, a past Bowen Smith and Beechtree Capital investing partner, Beechtree Capital was an early investor, and Mr. Weiss served on the board of Forward Edge, Inc., a Houston-based drug-testing lab operating in association with the University of Texas. Forward Edge, Inc. became the leading company in its field in Texas, and the company was successfully sold in 2018..
Blue Chip Special Opportunity Funds V and VI
Mr. Weiss is a special advisor and venture partner in Blue Chip Special Opportunity Funds V and VI, based in Cincinnati, OH. These two funds are late-stage venture investment funds which, to date, have exceeded their stated goal of achieving a 200% return in two years. They are part of the family of six Blue Chip Venture funds headed by a 35+-year associate and Beechtree Capital co-investor.
Beechtree Capital Predecessor
Beechtree Capital, LLC had its earliest beginnings in the early 1990s. Beechtree Capital CEO George M. Weiss was one of two partners in Beechtree Capital Group, LLC, a predecessor firm, which participated with international firms working in London, Malaysia and Tatarstan, a Russian Republic, to guide the financing and modernization of that Republic’s largest chemical plant. The group advised and were pivotal in completing an initial $500 million financing from the U.S. Exim Bank, Citicorp and ABB Ltd. Early Beechtree Capital Group activities also included consulting on various transactions including the public offering on the London Stock Exchange of Tatneft, Tatarstan’s leading oil company.