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Waller Capital Expands Digital Media Practice with Addition of Senior Banker

Waller Capital Partners, LLC (“Waller Capital” or “Waller”), a New York-based independent investment bank focused on the telecommunications, media, and technology sectors, today announced that Sundeep Chanana has joined the Firm to cover digital media and technology. With nearly a decade’s worth of internet and digital media banking and advisory experience, Mr. Chanana brings significant expertise executing transactions and sourcing new business to Waller Capital’s rapidly growing digital media practice, which is led by Brian Stengel.

“With this new addition to our team, Waller Capital continues to stay one step ahead of a rapidly-evolving industry,” said Garrett Baker, President of Waller Capital. “Brian Stengel has done a tremendous job growing our digital media practice, and adding Sundeep to the team underscores our commitment to expanding our business even further into technology and to helping our traditional TMT clients take advantage of the abundant opportunities in an increasingly convergent industry.”

“Sundeep’s career-long experience in the internet and digital media world, as well as his intimate connections to Silicon Valley, will serve Waller Capital well as we continue to aggressively grow our digital media practice,” said Brian Stengel, Managing Director and Head of Digital Media. “With the recent sale of Media IQ to Procurian, we have completed seven announced transactions in 24 months across the eCommerce, advertising technology, mobile, video and gaming sectors, including advising OMGPOP on its sale to Zynga, INgrooves on its growth equity financing from Shamrock Capital and Conde Nast on its investment in Moda Operandi. Sundeep comes to Waller with incredible credentials and I’m looking forward to him making an immediate impact.”

Mr. Chanana joins Waller Capital from Sagent Advisors, where he was responsible for sourcing and executing all of Sagent’s internet and digital media transactions out of its San Francisco office. In the last two years, Mr. Chanana has closed six digital media and internet transactions, including advising: Shopzilla, Inc., a comparison shopping site, on its $165 million sale to private equity firm Symphony Technology Group; Identified.com, a corporate social recruiting company, in its Series B financing from VantagePoint Capital Partners; AdoTube, a digital and mobile in-stream video advertising company, on its sale to Exponential Interactive; and G5, a digital and mobile marketing company, on its Series A round from Volition Capital. Mr. Chanana previously worked at Jefferies & Co. in San Francisco, and at Siemer & Associates, an internet and digital media M&A boutique in Los Angeles. Mr. Chanana graduated from the Walter A. Haas School of Business at the University of California, Berkeley.

“I am thrilled to join Waller Capital, which has always been respected as one of the most forward-looking investment banks in the TMT sector,” said Sundeep Chanana. “The Firm has a rare combination of time-tested perspective and current experience working synergistically across the TMT space; characteristics that have afforded it one of the most trusted reputations in the business. I’m excited to be a part of that tradition and Waller Capital’s promising future.”

About Waller Capital Partners, LLC

Founded in 1982, Waller Capital Partners is a leading boutique investment bank and advisory Firm focused on the telecommunications, media and technology sectors. Waller Capital provides its clients with wide-ranging industry expertise in connection with mergers and acquisitions, private placements, asset swaps, restructurings and valuation services. Waller Capital’s experienced professionals maintain deep relationships at every level of its core industries and provide the Firm’s clients with independent, unbiased advice.

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