Stengel will focus on providing strategic and financial advice to technology, media and telecommunications clients, with a particular focus on internet and digital media, and will be based in the Firm’s New York office.
Stengel has 20 years of investment banking experience. He comes to Perella Weinberg Partners from Waller Capital Partners, where he was a Managing Director and Group Head of the Digital Media Group. Previously, Stengel was an Executive Director in the Financial Sponsors Group at Morgan Stanley. In these roles, he advised on many different client matters in the technology, media and telecommunications space, including M&A, financing and growth strategy services, and public-to-private leveraged buyouts.
Peter Weinberg, a Partner and Head of Advisory at Perella Weinberg Partners, said, 'The technology, media and telecommunications sector is an important area for the Firm, and we are pleased to broaden our advisory capabilities with Brian’s addition. Brian’s extensive experience and strong client relationships with digital media companies complement our team as we continue to augment our capabilities in this area'.
Brian Stengel stated, 'Perella Weinberg Partners has developed a client-focused independent advisory business, and I am pleased to join a team of this caliber. The technology, media and telecommunications space is rapidly transforming, and I look forward to helping our clients meet their strategic needs as a member of this talented team'. Perella Weinberg Partners has been actively advising technology, media and telecommunications clients. Some of the Firm’s assignments include advising:
• BT, one of the world’s leading providers of communications services and solutions, in connection with the acquisition of EE, the leading mobile network operator in the UK for £12.5bn;
• Principality of Monaco in relation to the acquisition by Xavier Niel of Cable & Wireless Communications' 55% stake in Monaco Telecom for $809m;
• Numericable Group, the French cable operator, in connection with its acquisition of SFR from Vivendi for €15.5bn;
• Ziggo N.V., the Dutch cable operator, in connection with the recommended public offer by Liberty Global for €10bn;
• Blackberry in connection with its $1.25bn private placement of convertible debentures from Fairfax Financial and other institutional investors;
• Eutelsat Communications on its acquisition of Latin American satellite operator Satélites Mexicanos (Satmex) for $1.1bn.
• Kabel Deutschland Holding in connection with the recommended voluntary public takeover by Vodafone for €10.7bn; and
• Google in connection with a recapitalization and dividend of non-voting share.