PIRCH honored by Goldman Sachs for Entrepreneurship - Jeffery R. Sears and Jim Stuart among 100 Most Intriguing Entrepreneurs at 2013 Builders + Innovators Summit

San Diego, CA - October 30, 2013

Goldman Sachs (NYSE:GS) is recognizing PIRCH founders Jeffery R. Sears and Jim Stuart as among the 100 Most Intriguing Entrepreneurs of 2013 at its Builders + Innovators Summit in Marana, Arizona.

Goldman Sachs selected Sears and Stuart from multiple industries to be honored at the three-day event.

Before co-founding PIRCH, Sears and Stuart individually led several high-profile, companies to unheralded levels of success, both in the marketplace and within the investment community.

“Receiving such distinguished recognition is both thrilling and humbling,” said Mr. Sears. “We accept this honor on behalf of our entire team, as a validation of our mission to bring inspired moments of joy to others’ lives,” added Mr. Stuart.

“We are honored to recognize both Mr. Sears and Mr. Stuart as some of the most intriguing entrepreneurs of 2013,” said David Solomon, co-head of investment banking at Goldman Sachs. “This is the second year for the summit and our goal remains the same. We pair seasoned and emerging entrepreneurs — the builders and innovators — from a diverse set of industries to discuss how to make vital, enduring companies that reshape industries and boost the world’s economies through innovation.”

For more than 140 years, Goldman Sachs has been advising and financing entrepreneurs as they launch and grow their businesses. In addition to honoring 100 entrepreneurs, the summit consists of general sessions and clinics led by Goldman Sachs experts, seasoned entrepreneurs, academics and business leaders as well as resident scholars.

About PIRCH

PIRCH offers an elevated experience where guests can discover new and exciting ways to “feather their nest.” Specializing in premium lifestyle goods for the home, PIRCH carries a hand-culled array of best-in-class brands for indoor-and outdoor-kitchens, laundry rooms and the bath, from exquisite decorative plumbing to entire Health-and-Wellness Systems. Currently in four California markets — with a fifth opening in Chicago’s Oakbrook Center (Feb. 2014) — the retail concept will soon have a presence in Dallas and Atlanta as well. In addition, the company is poised to expand into several other major U.S. cities over the next 12-24 months.