What NORGESTION does

NORGESTION is an independent Spanish professional services firm founded in 1972 and headquartered in San Sebastián / Pamplona (firmographically registered in Donostia-San Sebastián). The firm operates across three integrated service lines: Corporate Finance (M&A advisory, capital markets, debt advisory, and strategic consulting), Asesoramiento Jurídico-Fiscal (Legal-Tax Advisory covering commercial, tax, corporate governance, and restructuring matters), and Advisory & Interim Management (management consulting, board services, turnaround & restructuring, and executive interim placements). Its stated proposition is a multidisciplinary methodology that combines these three practices into single, personalized engagements for clients — a model that the firm characterizes as differentiating within the Spanish mid-market.

Service delivery is anchored in five Spanish offices (Madrid, Barcelona, Bilbao, San Sebastián, and Pamplona) staffed by 80+ professionals, supplemented by international reach through founding-partner status in Mergers Alliance (M&A advisory network) and WIL Group (the largest global alliance of interim management firms, covering 37 countries and 38,000+ interim leaders). Revenue mechanics are those of a traditional professional services firm: project-based, quote-driven engagements across advisory and transactional mandates, with no publicly disclosed pricing or revenue figures. Customer segments explicitly targeted are Family Businesses, Large Enterprises and Multinationals, Private Equity firms and their portfolio companies, and Financial Institutions.

The firm has advised on more than 450 M&A and capital markets transactions since 2000 and completed over 2,000 projects in the last decade, and is publicly recognized as Spain's first independent M&A boutique. In 2025 NORGESTION ranked 10th in Bloomberg's Financial Advisors Ranking with 14 M&A transactions (tied with BBVA and KPMG Corp Finance), and 53% of its 2025 deals involved private equity while 30% involved international investors — evidence of an active cross-border mid-market deal franchise rather than a scaled bulge-bracket competitor.

Name

NORGESTION

Legal name

NORGESTION

Website

https://norgestion.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

NORGESTION is an independent Spanish professional services firm (founded 1972) providing Corporate Finance, Legal-Tax Advisory, and Interim Management services to family businesses, large enterprises, private equity firms, and financial institutions across Spain and 30+ international markets.

Ownership category

akta.pro rank

Product category

Management Consulting / Corporate Finance Advisory

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742), Services-Legal Services (8111)

akta.pro primary industry

Buy-Side M&A Advisory (FSAEAGAB)

akta.pro secondary industry

Risk, Compliance & Internal Controls Consulting (BPAHACAJ)

Keywords

• Mergers and acquisitions advisory
• Corporate finance advisory
• Legal tax advisory
• Interim management services
• Capital markets consulting

Headquarters

HQ city

Donostia-san Sebastián

HQ country

Spain

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Corporate Finance Advisory: M&A advisory, mergers and acquisitions, capital markets, debt advisory, and strategic consulting services for transactions and corporate operations
2. Legal-Tax Advisory: Ongoing or directed legal and tax advisory services including tax inspections, board secretariats, family protocols, and insolvency proceedings
3. Advisory & Interim Management: Management advisory, board/comittee services, interim management, turnaround and restructuring services
4. Registered Advisor Services: Acted as Registered Advisor for green bond programs on MARF (Mercado Alternativo de Renta Fija)

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

NORGESTION is a Spanish professional services firm that provides Corporate Finance advisory (M&A, capital markets, financing, valuation, restructuring), Legal-Tax Advisory (Asesoramiento Jurídico-Fiscal), and Advisory & Interim Management services. The firm operates with a multidisciplinary approach, advising companies, families, and investors on strategic, financial, legal, and tax matters, supported by international alliances such as Mergers Alliance and WIL Group.

Product overview

NORGESTION is a professional services firm founded in 1972, offering three interconnected service lines: Corporate Finance (M&A advisory, capital markets, debt advisory, strategic consulting), Legal/Tax Advisory (commercial and tax legal advice, corporate governance, restructuring), and Advisory & Interim Management (strategic consulting, executive interim management, turnaround & restructuring). The firm provides thought leadership through its Cuadernos NORGESTION publications and sector-specific Corporate Finance reports covering M&A trends across Automotive, Software & IT Services, Packaging, Food & Agribusiness, Waste Management, Chemicals, and Capital Markets. Services are delivered through five offices in Spain (Madrid, Barcelona, Bilbao, San Sebastián, Pamplona) with international reach via Mergers Alliance and WIL Group partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Finance Advisory
• Legal-Tax Advisory (Asesoramiento Jurídico-Fiscal)
• Advisory & Interim Management
• Cuadernos NORGESTION (Publications)

Quantifiable outcome

• 450+ M&A and capital markets transactions advised since 2000
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• WIL Group (Worldwide Interim Leadership Group)coreStrategic or Co-development PartnerNORGESTION is a founding partner of WIL Group, the largest global alliance of interim management firms. WIL Group operates in 37 countries and collaborates with 38,000+ executive interim leaders worldwide. This partnership enables NORGESTION to offer international interim management solutions and access to global talent pools.
• Mergers AlliancecoreStrategic or Co-development PartnerNORGESTION is a founding partner of Mergers Alliance, an international M&A advisory network covering multiple countries including Amsterdam, Bangkok, Beijing, Bengaluru, Bogotá, Chicago, Hong Kong, London, Madrid, Milan, Mumbai, New York, Paris, Shanghai, Singapore, Sydney, Tokyo, and Toronto. The partnership provides cross-border M&A advisory capabilities.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Alantra Partners: Spanish-headquartered independent financial advisory and asset management firm with strong M&A advisory and capital markets practice. Closest direct comparable to NORGESTION as an Iberian-rooted boutique advisor serving mid-market transactions across multiple sectors.
• Rothschild & Co: Global independent M&A advisory boutique with deep roots in European mid-market advisory. Comparable to NORGESTION's boutique positioning, family-business focus, and cross-border M&A execution through integrated partnerships.
• Lazard: Global independent financial advisory firm specializing in M&A, restructuring, and strategic advisory. Comparable to NORGESTION across advisory services, though at significantly larger scale; both share the boutique-style full-service advisory model for complex transactions.
• Houlihan Lokey: Global independent advisory firm with strong M&A, capital markets, and restructuring/restructuring practices. Closely comparable to NORGESTION's combination of M&A advisory, restructuring/turnaround services, and cross-border transaction capabilities.
• Moelis & Company: Global independent advisory boutique focused on M&A and capital markets advisory. Comparable to NORGESTION in boutique positioning, sector-agnostic mid-market focus, and partner-led execution model serving PE and corporate clients.
• Arcano Partners: Spanish independent advisory firm with M&A advisory and asset management capabilities. Direct peer to NORGESTION as a Spanish-headquartered boutique advisor serving Iberian corporate and family-business clients.
• Evercore: Global independent investment banking advisory firm with strong M&A, restructuring, and capital markets practices. Comparable to NORGESTION's advisory model and transaction focus on mid- and large-cap deals.

Broad incumbents

• KPMG Corporate Finance Spain: Big 4 corporate finance practice in Spain competing in M&A advisory and valuation services. Comparable to NORGESTION's Corporate Finance practice; tied with NORGESTION (alongside BBVA) in Bloomberg's 2025 ranking with 14 M&A transactions.
• Deloitte Corporate Finance Spain: Big 4 corporate finance practice in Spain offering M&A advisory, due diligence, and integration support. Comparable to NORGESTION's M&A and Legal/Tax advisory services within a broader consulting and audit portfolio.

Regional players

• Fidentiis Equities: Spanish investment banking boutique focused on M&A and equity capital markets for Iberian mid-market companies. Comparable regional peer to NORGESTION in Spain-based M&A advisory with sector specializations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/NORGESTION
• LinkedInlinkedin.com/company/norgestion

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 NORGESTION