PCH International

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PCH International
TypePrivate
Founder(s)Liam Casey
RevenueUS$710 million
 
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PCH International
TypePrivate
Founder(s)Liam Casey
RevenueUS$710 million

PCH International is a company selling product development and supply chain management services. The company was founded in Ireland in 1996 by entrepreneur Liam Casey.

PCH has established 10 regional offices and employs up to 5,000 staff of more than 16 different nationalities, based in Ireland, China, USA, Singapore, South Africa, Japan and South Korea.

History[edit]

PCH was founded in Cork, Ireland, by CEO Liam Casey in 1996. Corporate headquarters are located in Cork while operational headquarters are in Shenzhen, South China, with US headquarters in San Francisco.

The development of PCH saw activity across the globe from Donoughmore, Co. Cork in Ireland to Shenzhen, Guangdong Province in China. Liam Casey started his career in fashion retail with Tricot Marine, moving to the United States to work for a trading company, before finally landing in Shenzhen, China. The company was named after the Pacific Coast Highway, in memory of Casey's time living in California. During his time in the United States, Casey worked for a trading company that imported from China. After visiting the country and witnessing the quality and work ethic of Chinese manufacturers, he spotted an opportunity to match Chinese manufacturing with western markets.[1] In 2007, Liam Casey was named Ernst & Young Irish Entrepreneur of the Year.[2]

Services[edit]

PCH offers product development and supply chain management solutions[3] that it claims can be fully customised to meet the requirements of clients' global business strategies.

PCH's services span the entire supply chain. In addition, PCH China Direct, assists companies looking to introduce their goods into China or expand existing operations.

PCH Accelerator[edit]

PCH Accelerator is a program designed to assists start-up companies, developing qualified hardware product concepts to commercial readiness.

PCH Accelerator uses the same model that has led to the success of many large companies, and tailors the same services for early hardware start-ups.

The Program was launched at Techcrunch, a leading technology media event, in May 2011 with the pilot product Lark, the silent alarm and sleep sensor. Since then the program has helped launch numerous products and startups including:

• April 2013: Lively [4]

• April 2013: Zinc Software Limited[5]

• August 2012: The MetaWatch Strata[6]

• July 2012: littleBits[7]

• May 2011: Lark[8]

Highway1[edit]

In June 2013 PCH launched its new incubator program – Highway1 (www.highwayone.io). The program for early hardware startups focuses on innovation and entrepreneurship, mentoring and assisting hardware makers to build companies. The four-month program consists of:

Funding & Expansion[edit]

On 7 June 2011, the company announced that it had raised a new round of funding of $30 million. Two new investors (Northbrooks Investments and J. Christopher Burch) participated in the round alongside existing investors Norwest Venture Partners, Triangle Peak Partners, Cross Creek Capital, and Fung Capital.[9]

On 16 June 2011, the company announced the acquisition of TNS Distribution,[10] a European distributor of consumer electronics products and accessories. The consideration included an immediate payment of €6m (US$8.67m) with an earnings-based payment of €5m (US$7.22m) over 3 years, based on the performance of TNS Distribution.

On 15 June 2012, the company announced the expansion of its product development and engineering services in the US market with the agreement to acquire Lime Lab Inc.,[11] a Silicon Valley-based product development consultancy.

References[edit]

Further reading[edit]