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Shirish Nimgaonkar Named to M&A Advisor "40 Under 40" List

Annual Award Recognizes Emerging Dealmakers, Legal Advisors and Service Providers

BOSTON, August 5, 2013 – C.W. Downer & Co., a leading global investment bank, is pleased to announce that Shirish Nimgaonkar, Managing Director and head of the firm's Mumbai office, has been named a winner in the Dealmaker category for the M&A Advisor's 4th Annual "40 Under 40" recognition awards.

Mr. Nimgaonkar has been recognized by an independent judging panel of distinguished business leaders for his accomplishments and expertise in dealmaking. The M&A Advisor created the "40 Under 40" award event to promote mentorship and professional development amongst emerging business leaders. The complete list of award winners is available on the M&A Advisor website, www.maadvisor.com .

"In 2010 we initiated the 40 Under 40 Awards to recognize the emerging leaders of the M&A, Financing and Turnaround industries," said David Fergusson, President of The M&A Advisor. "It is our belief that this group of accomplished women and men will have a significant effect on the advancement of our industry. And it is our great pleasure to recognize them and provide a forum for them to meet and engage with one another. Shirish's contributions to cross-border M&A and technology transactions are very impressive and it is our pleasure to recognize his achievements and potential."

"I am humbled by this honor," said Shirish Nimgaonkar. "Over a relatively short period of time, we have seen strong growth in both the technology and India practices at C.W. Downer & Co., and I would like to thank all of my colleagues for their remarkable support of these endeavors."

The M&A Advisor will host a black tie Awards Gala on Tuesday, October 1st, 2013, at the New York Athletic Club in New York City. The awards gala is held in conjunction with the 2013 Emerging Leaders' Summit - an exclusive event designed to introduce the 40 Under 40 award winners to the business community and to celebrate their achievements.

Mr. Nimgaonkar has had extensive experience in strategy, corporate development, and operations in the US, Europe and Asia. Prior to joining C.W. Downer, he led the technology and private equity transactions practice for a cross-border M&A advisory firm. Earlier in his career, he was responsible for the strategy, growth and operations initiatives at several major IT services companies. He has also managed strategic operations, product management, marketing and fundraising initiatives for a large semiconductor company and for startup companies in the US. He has undergraduate and advanced degrees from the Indian Institute of Technology where he was recognized as an ITC management scholar, Stanford University, and Harvard Business School. Mr. Nimgaonkar is also a professional musician and an avid sailor. He is fluent in English, Hindi, Marathi and Telugu.

About C.W. Downer & Co.

C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 38 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With nine fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover “hidden” acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

For Further Information:

Shirish Nimgaonkar, Managing Director
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Patti Allan, Marketing Director
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C.W. Downer & Co.
+1 617 482 6200

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