Sagent Continues Hiring Momentum With Addition Of Joseph Donohue To Lead Its Media Practice

NEW YORK, July 17, 2013 /PRNewswire/ -- Sagent Advisors, LLC, a leading independent investment banking firm, announced today that Joseph Donohue has joined the firm as Managing Director in the Technology, Media and Telecommunications practice, effective immediately.  Mr. Donohue, who joins from Gleacher & Company, will be primarily responsible for leading the firm's media and information services business.  He will be based in Sagent's New York headquarters.

"Joe's impeccable reputation in the industry stems directly from his focus on delivering outstanding client counsel, and I am excited for both Sagent and our clients that he has joined our team," said Hal Ritch, Sagent Advisors' Chief Executive Officer. "All of our recent additions share Sagent's fundamental focus on bringing fresh thinking to our clients' most important challenges and opportunities.  We firmly believe our counsel and commitment to our clients' best interests exemplifies what we value most at our firm."

Mr. Donohue is the fourth senior banker to join Sagent in the past three months, including Joseph Mooney, the firm's Head of Mergers & Acquisitions who joined from Citigroup, former Credit Suisse banker, Paul Scherzer who leads Sagent's Metals and Mining practice and, Jeremy Parker, the Co-Head of the firm's Aerospace, Defense and Technology sector who also joined Sagent from Gleacher & Company.

Mr. Donohue spent ten years at Gleacher where he was the Head of their TMT practice. In his career, he has been responsible for both the origination and execution of numerous M&A advisory and leveraged finance engagements, including most recently, advising Cogeco Cable on its $1.4 billion acquisition of Atlantic Broadband from ABRY Partners. He also advised the board of CORE Media Group (formerly known as CKX, Inc.) on its $561 million sale to Apollo Global Management and New Mountain Capital on its acquisition of SNL Financial.

Prior to joining Gleacher, Mr. Donohue was at J.P. Morgan where he was a Managing Director and co-head of the firm's North American Media Investment Banking group. In that role, he had responsibility for managing several of J.P. Morgan's largest media relationships and advised on a number of high-profile assignments, including representing Houghton Mifflin Company in their $2.2 billion sale to Vivendi Universal. He began his investment banking career in Morgan Stanley's Merchant Banking Group.

ABOUT SAGENT ADVISORS, LLC

Sagent Advisors is an independent investment banking firm that provides merger and acquisition and other financial advice to its clients.  Sagent provides broad industry and execution expertise through its offices in the U.S. and our significant global reach is bolstered through our alliances with Daiwa Securities Capital Markets in Asia and DC Advisory in Europe. At Sagent, we embody the principles of thoughtful advice - free of structural conflicts - with dedicated, senior attention to our clients' most important challenges and opportunities.

SOURCE Sagent Advisors, LLC