Adviso Partners

What Adviso Partners does

Adviso Partners is an independent French financial advisory firm founded in 2015 by Bertrand Thimonier, specializing in M&A transactions (sell-side, buy-side, fundraising, financial engineering, capital restructuring, LBOs, and special situations) for small and mid-cap companies with enterprise valuations between €20M and €200M. The firm is structured around a core advisory platform augmented by four specialized divisions: TransMillésimes (wine and spirits sector, acquired 2024), ADVISO RECOVERY (distressed M&A and restructuring), ADVISO IMPACT (impact-focused advisory), and ADVISO REAL ASSET (real estate advisory), plus the corporate foundation Autrement Adviso. Adviso Partners operates through six regional offices across France (Paris, Lille, Lyon, Bordeaux, Nantes, Marseille) with a team of approximately 40 professionals, serving family businesses, entrepreneurs, SME/ETI shareholder-managers, private equity funds, and family offices. The firm is the first independent French financial advisor to hold Entreprise à Mission status (late 2022) and became B Corp certified in September 2024, positioning mission-driven positioning as a differentiator.

The firm generates revenue through transaction-based professional fees on M&A mandates, with a sales-led, high-touch engagement model driven by senior partners and regional proximity to clients. Adviso Partners does not develop proprietary technology products, and the underlying service delivery is relationship-driven advisory work supported by conventional tools (including Excel-based modeling as noted in client testimonials). The go-to-market relies on personal networks, referrals, press coverage, and thought leadership content, with no digital self-serve or indirect distribution channels. Pricing is not publicly disclosed and is negotiated on a deal-by-deal basis consistent with industry practice for mid-market M&A mandates. Recent strategic initiatives include a 7OCEANS international alliance (September 2025), an agreement to integrate with RYDGE Conseil (October 2025), and a stated ambition to scale from approximately 45 to 80+ advised operations annually and from current revenue to €40M by 2030.

Name

Adviso Partners

Legal name

Adviso Partners

Website

https://advisopartners.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Adviso Partners is an independent French financial advisory firm founded in 2015, specializing in M&A transactions for small and mid-cap companies valued at €20M-€200M. It operates through six offices across France, serving family businesses, entrepreneurs, private equity funds, and family offices.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. M&A Advisory Fees: Adviso Partners generates revenue through professional fees charged for financial advisory services including sell-side and buy-side M&A mandates, fundraising, financial engineering, capital restructuring, LBO transactions, and special situations. Revenue is earned on a transaction basis (success fees) and potentially retainer arrangements for ongoing advisory mandates.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Adviso Partners is an independent French financial advisory firm that delivers mergers and acquisitions (M&A) advisory services for small and mid-cap companies (enterprise valuations €20M–€200M), including sell-side and buy-side mandates, fundraising, financial engineering, capital restructuring, LBO transactions, and special situations. The firm operates through specialized divisions covering the wine and spirits sector (TransMillésimes), distressed M&A (ADVISO RECOVERY), impact investing (ADVISO IMPACT), and real assets (ADVISO REAL ASSET), serving family businesses, entrepreneurs, SME/ETI shareholder-managers, private equity funds, and family offices across six French offices.

Product overview

Adviso Partners operates as an independent financial advisory platform offering M&A advisory services through multiple specialized divisions and sub-brands. The core offering is ADVISO PARTNERS, providing comprehensive M&A advisory (sell-side, buy-side, fundraising, financial engineering, capital restructuring, LBOs) for small and mid-cap companies (€20-200M valuations). This core platform is enhanced by specialized verticals including TransMillésimes (wine & spirits sector), ADVISO RECOVERY (distressed M&A), ADVISO IMPACT (impact investing), ADVISO REAL ASSET (real estate), and Otherwise Adviso (corporate foundation). The company serves family businesses, entrepreneurs, SME/ETI shareholders, private equity funds, and family offices across 6 French offices (Paris, Lille, Lyon, Bordeaux, Nantes, Marseille).

Differentiator

Problem solved

Functional benefit

Brands

• ADVISO RECOVERY: Distressed M&A and restructuring advisory division for companies facing financial difficulties
• ADVISO IMPACT
• TransMillésimes
• AUTREMENT ADVISO
• ADVISO REAL ASSET

Products and services

• ADVISO PARTNERS Core M&A Advisory
• ADVISO RECOVERY
• ADVISO IMPACT
• ADVISO REAL ASSET

Quantifiable outcome

• Over 80 M&A transactions advised per year, growing toward 80+ by 2030 (from ~45 in recent years)
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Dassault SystèmescoreStrategic or Co-development Partner · 1 January 2026Adviso Partners advised the shareholders of ENALEAN in the 100% sale to Dassault Systèmes, integrating Tuleap's ALM technology into Dassault Systèmes' 3DEXPERIENCE platform.
• RYDGE ConseilcoreStrategic or Co-development Partner · 31 October 2025In October 2025, RYDGE Conseil and Adviso Partners signed an agreement formalizing the integration of Adviso Partners into RYDGE Conseil's activities, creating a leading reference player in M&A advisory for the small and mid-cap segment in France. This strategic adossement combines the complementary strengths of both firms.
• 7OCEANScoreStrategic or Co-development Partner · 19 September 2025In September 2025, Adviso Partners announced the creation of 7OCEANS, an innovative international alliance bringing together leading investment banks to redefine the boundaries of M&A. The alliance expands Adviso Partners' international reach and cross-border deal capabilities.
• TransMillésimescoreStrategic or Co-development Partner · 9 September 2024In September 2024, Adviso Partners completed a strategic merger with TransMillésimes, a leading boutique advisory firm specializing in wine and spirits sector transactions. Founded in 2012 by Aurélien Dulor, TransMillésimes brings deep Bordelais vineyard expertise and sector-specific networks. The combined entity operates as 'TransMillésimes by Adviso Partners', expanding Adviso Partners' vertical expertise and territorial presence.
• FidalminorImplementation/ SI/ Consulting PartnerFidal, a leading French law firm, is listed as an institutional partner supporting Adviso Partners' transactions.

Scale indicators8 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• Cambon Partners: Paris-based independent M&A advisory firm focused on mid-cap transactions for SMEs, ETIs and family-owned businesses — a directly comparable boutique competitor in the same French small & mid-cap segment as Adviso Partners.
• Eight Advisory: Independent European financial advisory boutique specialized in transactions, restructuring, and financing — competes with Adviso across the French mid-cap M&A and special situations landscape.
• DC Advisory: Global mid-market M&A advisory firm with a strong Paris office advising on French and cross-border mid-cap transactions — comparable service offering, business model, and target deal size to Adviso Partners.
• Accuracy: Independent French financial advisory boutique providing M&A, transaction support, restructuring and litigation consulting — a directly comparable boutique peer serving similar French SME/mid-cap clients.
• DDA & Company: Independent European M&A advisory boutique focused on mid-market transactions, with a Paris presence — competes for the same French small and mid-cap M&A mandates as Adviso Partners.
• Oaklins: Global mid-market M&A advisory network with significant French coverage; comparable in target deal size, client profile (SME/ETI/family businesses), and relationship-driven advisory model to Adviso Partners.

Broad incumbents

• Edmond de Rothschild Corporate Finance: Corporate finance arm of the Edmond de Rothschild group providing M&A advisory across mid-cap and large-cap French and European deals; co-listed with Adviso in 2025 smid-cap league tables, representing a larger incumbent competitor.
• Rothschild & Co: Global financial advisory group with a leading French mid-cap M&A franchise — co-listed with Adviso in 2025 smid-cap league tables and represents the largest direct competitive incumbent in Adviso's core segment.
• Lazard: Global investment bank with a strong French M&A advisory practice; competes with Adviso for mid-cap and large-cap mandates while also operating as an incumbent reference point for cross-border deals.

Emerging players

• Clipperton: Paris-based independent financial advisory boutique focused on tech and growth-sector mid-cap M&A — partial overlap with Adviso's mid-cap franchise, particularly relevant given Adviso's software-sector deals (e.g., ENALEAN).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adviso Partners