Delta Partners Appoints Former Deutsche Bank Vice Chairman as Managing Partner & Head of Corporate Finance

DUBAI, UAE, January 18, 2011 /PRNewswire/ -- Carl Tack has recently joined Delta Partners as a Managing Partner and the Head of Corporate Finance, based in Dubai. Carl Tack has 25 years of investment banking experience, much of it in the international telecoms sector, and he is widely respected for the integrity of his advice to clients in large and complex transactions.

Prior to Delta Partners, Mr. Tack was a Vice Chairman, Investment Banking at Deutsche Bank and global co-head of their telecoms investment banking team, based in London. He began his career as a corporate lawyer, with Kirkland & Ellis in Chicago, and worked in various corporate finance positions at Salomon Brothers and Merrill Lynch before joining Deutsche Bank.

"Delta Partners is the leading management advisory and investment firm across emerging markets and one of our goals is to enhance our current service offering with a high impact corporate finance advisory practice. Our focus will be on economic value enhancement for our clients through the provision of integrated strategic, operational and financial advice across the value chain. We are delighted that Carl Tack has joined the firm in this important role" said Victor Font, Group Managing Director in Delta Partners.

"Most investment bankers provide their clients with good advice on how to get deals done, but poor advice on which deals to do and more broadly how to create value for their shareholders. The history of Telecoms M&A in particular is not a good one from a shareholder value perspective. At Delta Partners, we offer our clients transactional and non-transactional advice that will help them create and protect shareholder value, and we expect regularly to advise our clients not to pursue transactions which cannot be structured to accomplish this objective. Our firm will continue to prosper with our clients and their shareholders, and not at their expense" added Carl Tack.

Mr. Tack has also served as an Executive in Residence at London Business School and as a Lecturer in Finance at Imperial College London. Carl is an American / British national and holds a J.D. from The University of Chicago Law School as well as a BA in Economics from The College of William and Mary.

For more about Delta Partners please visit http://www.deltapartnersgroup.com

About Delta Partners

Delta Partners is the leading TMT advisory and investment firm in emerging markets. With more than 160 professionals the firm operates across 50 markets in the Middle East, Africa, Eastern Europe and Emerging Asia. Delta Partners provides three synergistic services: management advisory, corporate finance and investments from its offices in the UAE, Bahrain, South Africa, Spain and Singapore. Delta Partners delivers tangible results to its clients and investors through its exclusive sector focus on telecom, media and technology, and a unique approach to services, combining strategic advice and a hands-on pragmatic approach.

For further information and media relations please contact: Mia Mutic, Delta Partners, +971 (4) 369-2999, mmu@deltapartnersgroup.com / http://www.deltapartnersgroup.com