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Wunderlich Expands into Consumer and Business Services Investment Banking

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MEMPHIS, Tenn., June 25, 2014 (GLOBE NEWSWIRE) -- Wunderlich Securities, Inc. ("Wunderlich"), a leading full-service investment bank, announced it has hired Joe Schimmelpfennig, Jeff Ng and Eric Rindahl as Managing Directors to lead Wunderlich's Consumer and Business Services Investment Banking group and to open the new Orange County, CA office. Mr. Schimmelpfennig, Mr. Ng and Mr. Rindahl were all previously Managing Directors at Roth Capital Partners, where Mr. Schimmelpfennig and Mr. Ng. served as co-heads of the Consumer and Business Services Group and Mr. Rindahl served as head of Mergers and Acquisitions and Debt Capital Markets. They are joined at Wunderlich by Dan Friedman, Senior Vice President, and Jeff Buhrman, Associate Vice President. While at Roth, this team played instrumental roles in many of that firm's highest profile and most complex transactions and were the driving forces behind Roth's consumer, business services and advisory practices.

"We are thrilled to welcome these experienced bankers to Wunderlich," said Gary Wunderlich, CEO of Wunderlich. "As we continue to build our institutional and investment banking capabilities, we see the consumer and business services sectors as being some of our firm's top priorities. Joe, Jeff, Eric and their team will allow us to provide unique strategic advice to our clients in these sectors and help them maximize their long-term value."

"This group of bankers has a proven track record of providing great service and exceeding expectations for its clients," added Lionel Conacher, Chairman of Wunderlich. "We're extremely excited to welcome our new consumer and business services team to the Wunderlich platform and look forward to working together with them to continue building one of the fastest growing investment banks in the country." Mr. Conacher is also an Senior Advisor of Altamont Capital Partners, a leading San Francisco-based private equity firm that recently led a $40 million investment in Wunderlich.

"We've admired the platform that Wunderlich has built and are delighted to join forces with Gary, Lionel and the rest of the team here," said Joe Schimmelpfennig. "The Wunderlich platform will provide us with access to key resources and tools to more effectively serve our clients. We're confident our combination will provide a unique blend of deep industry insights, strong transactional expertise and enhanced distribution for our clients."

The consumer and business services investment banking team is based in Newport Beach, CA and is in the process of supplementing its team with experienced investment banking, equity research and institutional sales and trading professionals.

About Wunderlich Securities

Established in 1996 in Memphis, TN, Wunderlich Securities is a full-service investment bank committed to providing a comprehensive range of professional services and products to meet the needs of corporations and institutions as well as individual investors. Wunderlich recently closed an equity investment of approximately $40 million led by Altamont Capital Partners. Wunderlich offers investment banking, financial advisory, brokerage, and equity research. The firm has over $8 billion in assets under management and operates in 30 offices across 16 states with more than 500 professionals.

CONTACT: Robin Oegerle 410-369-2631

Source:Wunderlich Securities