31 MAY, MUMBAI – DC Advisory India, a leading middle market investment bank providing M&A advisory and private capital raising for companies powering India’s growth economy, and the Indian affiliate of DCS Advisory, announced today that Deepam Sanghi has joined the firm’s Mumbai office as a Managing Director. Mr. Sanghi will lead DC Advisory India’s Consumer, Retail and Leisure team and accelerate the growth of the firm’s consumer practice in India, focusing on the cross-border and capital-raising needs of high-growth consumer companies. Mr. Sanghi has over 18 years of investment banking experience providing strategic advice and raising capital primarily in the Consumer industry. He has completed numerous transactions of consequence in the Consumer industry in India including the acquisition of Tirumala Milk Products by Lactalis, the merger of Tata Global Beverages and Mount Everest Mineral Water and McCormick’s acquisitions of Kohinoor Specialty Foods and a minority stake in Eastern Condiments. Prior to joining DC Advisory India, Mr. Sanghi held senior investment banking positions at HDFC Bank and Rothschild (where he worked in both the United Kingdom and India). Mr. Sanghi holds a Bachelor of Technology in Electrical Engineering from IIT Varanasi and an MBA from IIM Lucknow. “We are very pleased to have a veteran dealmaker of Deepam’s caliber and reputation to lead DC Advisory India’s efforts in the consumer sector. Having Deepam on board greatly expands the cross-border capabilities of our Consumer, Retail & Leisure practice along with those of our global platform,” said Scott Wieler, Chairman of DCS Advisory. “We continue to deepen our domain expertise in critical industry sectors like consumer and broaden our global relationships to add value for our clients. Over the past five years, DC Advisory India has advised on 12 online consumer transactions. Given the overall buoyancy in the Indian consumer segment and the strong convergence between offline and online business models, we are delighted to have Deepam join to spearhead and grow our consumer practice in India” said Klaas Oskam, Managing Director and Head of DC Advisory India.