BNET Industries
Market Cap:$6.1M
Last Fiscal Year Sales:$81.2M
- Public
- US
Dow Jones Description
Party Related Supplies, Information & Services
Chairman & CEO
Sal PerisanoNumber of Employees 269
Peer Companies
NAICS Code Computer Systems Design Services: 541512
News & Analysis
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investment and iparty corp. - All News and Analysis
iParty Corp. Announces an Initial Closing of $9.4 Million in a Private Placement Of Series B Convertible Preferred Stock
NEW YORK--BUSINESS WIRE--August 27, 1999-- iParty Corp. (OTC BB:IPTY), today announced an initial closing of $9.4 million in a private placement with accredited investors of Series B Convertible Preferred Stock and redeemable common stock purchase warrants. These funds represent an initial closing of a maximum offering amount of $15...
WSI Acquisition Corp. Merges With iParty Corp
NEW YORK--BUSINESS WIRE--July 6, 1998--WSI Acquisition Corp. (OTC/BB:WSIAD) announced today that it has completed a merger with iParty Corp. and changed its name to iParty Corp.iParty Corp. is an Internet-based merchant of party goods, services and party planning advice and information. CONTACT: Dunhill International Communications Corp....
WSI Acquisition Corp. Merges With iParty Corp
NEW YORK--BUSINESS WIRE--July 6, 1998--WSI Acquisition Corp. (OTC/BB:WSIAD) announced today that it has completed a merger with iParty Corp. and changed its name to iParty Corp.iParty Corp. is an Internet-based merchant of party goods, services and party planning advice and information. CONTACT: Dunhill International Communications Corp....
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Patrick Farrell | President |
| David E. Robertson | Cfo |
| Dorice Dionne | Senior Vice President, Mds |
| Joseph S. Vassalluzzo | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Sal Perisano | Chairman & CEO |
| Eric Schindler | Board of Directors |
| Frank Haydu | Board of Directors |
| Lorenzo Roccia | Board of Directors |
| Robert Jevon | Board of Directors |
Sal V. Perisano, age 57, has served as a director of iParty since 1998 and its Chief Executive Officer since 1999. Mr. Perisano served as Chairman of the Board and President of The Big Party Corporation from 1992 to 1998, and continued serving as a director until 2000. In 1981, he co-founded Videosmith, which became a leading video retailer in the Boston area. In 1989, Videosmith was sold to a publicly traded company called Xtravision PLC, which owned 250 stores throughout the U.K. and Ireland. Mr. Perisano stayed on as a director and was later named Chief Executive Officer of the parent company, which was subsequently acquired by Blockbuster Video. Mr. Perisano holds a bachelor s degree from Boston College and a master s degree from Harvard University. Mr. Perisano is married to Ms. Dorice Dionne, who is employed by iParty as its Senior Vice President, Merchandising and Marketing.
| Organization | Position | Status |
|---|---|---|
| Iparty Retail Stores Corp | Chief Executive Officer, Director | Current |
| iParty Corp. | Chairman & CEO | Current |
| Iparty Retail Stores Corp | Chairman of the Board and Chief Executive Officer (Principal Executive Officer) | Current |
| Iparty Retail Stores Corp | President | Former |
| Videosmith, Inc. | Co-Founder | Former |
| iParty Corp. | Board of Directors | Former |
| Harvard University | M.A. | Former |
| Boston College | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| iParty Corp. | President | Current |
| Arthur Andersen LLP | Audit Senior | Former |
| New York University | M.B.A. | Former |
Mr. Robertson joined iParty as Chief Financial Officer in April 2007, bringing with him over twenty years of experience in the financial management of retail companies. After starting his career in the audit division of Ernst & Young, he worked in a variety of accounting, audit and financial capacities at Zayre Corp., Lechmere Inc. and Kitchen, Etc. Inc., where he served as Vice President and Chief Financial Officer from 1999 to 2005. Between 2005 and joining us in April 2007, Mr. Robertson was employed as a private consultant primarily doing Sarbanes-Oxley compliance testing and analysis of financial controls for both public and private companies. Mr. Robertson is a CPA, a graduate of Harvard College, and holds an MS in Professional Accountancy from Northeastern University.
| Organization | Position | Status |
|---|---|---|
| iParty Corp. | Cfo | Current |
Ms. Dionne has been our Senior Vice-President, Merchandising since April 1999. She co-founded The Big Party with her husband, Sal Perisano, in 1992 in Boston. She served as chief merchant and creative director of the Big Party and has been involved in the party retailing industry since 1985. She is a graduate of Boston College.
| Organization | Position | Status |
|---|---|---|
| iParty Corp. | Senior Vice President, Mds | Current |
Eric Schindler has served as a director of iParty since 2003. Mr. Schindler serves as CEO of ESSA, a medical aesthetics group in Argentina since 2007. Before 2007, Mr. Schindler headed the investment banking division at Calyon Securities (USA) Inc., which was formerly known as Crédit Lyonnais Securities (USA) Inc. Before joining Crédit Lyonnais Securities in 1995, Mr. Schindler was employed by Crédit Lyonnais La Défense in France, and was responsible for a team of senior bankers for the bank’s global relationships with multinational corporations in the infrastructure, engineering, telecommunications, transportation, auto parts, and information systems sectors. Prior to this position, from 1989 to 1992, Mr. Schindler was a Vice President responsible for Latin American debt restructurings and debt/equity swaps. He also headed the investment banking activities at Crédit Lyonnais Argentina from 1987 to 1989. Mr. Schindler is a former director of Crédit Lyonnais Securities in New York and Crédit Lyonnais in Brazil. Mr. Schindler has a National Public Accountant degree from Universidad Católica Argentina and a B.A. in two languages with a specialization in Economic Sciences from Académie de Poitiers.
| Organization | Position | Status |
|---|---|---|
| iParty Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Moldflow Corporation | Corporate Director | Current |
| Global Life Science Ventures AG | Director, Chairman of the Audit Committee | Current |
| CombinatoRx, Incorporated | Director, Chairman of the Audit Committee | Current |
| Foundation Medical Partners L.P. | Director, Chairman of the Audit Committee | Current |
| Charley's Fund, Inc. | Director, Chairman of the Audit Committee | Current |
| Iparty Retail Stores Corp | Chairman | Current |
| Source Mdx | Executive Chairman | Current |
| Moldflow Corporation | Chairman | Current |
| iParty Corp. | Board of Directors | Current |
| Albany Molecular Research, Inc. | Director | Current |
| Kidder, Peabody & Co. | Managing Director | Former |
| Education, Inc. | Interim Commissioner | Former |
| Iparty Retail Stores Corp | Director | Current |
| Muhlenberg College | B.A. In Economics | Former |
| Foundation Medical Partners L.P. | Member | Former |
| Moldflow Corporation | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Life Time Fitness Corporate Wellness | Director of the Company | Current |
| Iparty Retail Stores Corp | Board of Directors | Current |
| Simple Aesthetics, LLC | Senior Board Member | Current |
| Life Time Fitness Corporate Wellness | Board of Directors | Current |
| Life Time Fitness, Inc. | Board of Directors | Current |
| Apfed | Director | Current |
| iParty Corp. | Director | Current |
| Life Time Fitness Corporate Wellness | Committee Member | Current |
| Federal Realty Investment Trust | independent Director | Former |
| Mobile Co | Former | |
| Zoots Corporation | Director | Former |
| Staples, Inc. | Vice Chairman | Former |
| Temple University | MBA | Former |
| The Pennsylvania State University | BS Degree In Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Simple Aesthetics, LLC | Chairman and Chief Executive Officer of Roccia Venture Partners | Current |
| iParty Corp. | Board of Directors | Current |
| Venture Services Group | Board of Directors | Former |
| Venture Services Group | Member | Former |
Robert W. Jevon, Jr. has served as a director of iParty since 2006 and previously served as a director of iParty from 2000 to 2001. Since 2000, Mr. Jevon has served as a Partner of Boston Millennia Partners, LP, a venture capital firm, having first joined the firm in 1997 as a Principal. Mr. Jevon’s primary investment focus is business services, health care and life sciences. Mr. Jevon currently serves on the Board of Directors of Athenix Corp., MedAptus, Inc. and PHT Corporation. Prior to his current position, Mr. Jevon was a Venture Affiliate of Boston Capital Ventures from 1995 to 1996 and was a Principal of Watch Hill Corporation from 1993 to 1995. From 1989 to 1992, he was the Controller of Bolt Beranek & Newman’s Communications Division. He is a graduate of Haverford College and holds an M.B.A. from Amos Tuck School at Dartmouth College.
| Organization | Position | Status |
|---|---|---|
| iParty Corp. | Board of Directors | Current |
Executive News
-
iParty Corp. Renews Three Year Credit Agreement with Wells Fargo
-
iParty Corp. Renews Three Year Credit Agreement with Wells Fargo
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