Galt & Taggart
Galt & Taggart is Georgia's leading investment bank and the investment banking arm of Lion Finance Group PLC, providing brokerage, capital raising, advisory, and investment research services to corporate, institutional, and individual clients across the Caucasus region.
- Company typePrivate
- Founded1995
- HeadquartersTbilisi, Georgia
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Galt & Taggart does
Galt & Taggart is the leading investment bank in Georgia and the investment banking arm of Lion Finance Group PLC, the parent of JSC Bank of Georgia. Founded in 1995 and headquartered in Tbilisi with 101–250 employees, the firm operates three integrated divisions: Brokerage (the first multi-asset trading platform in Georgia), Investment Banking (capital raising and financial advisory), and Research (in-depth coverage of Georgian economic sectors, macroeconomic trends, and capital markets). It serves corporate and institutional clients as the primary segment, Georgian SMEs, and individual investors across the Caucasus region.
The firm's technology stack centers on its multi-asset trading platform and the proprietary BMatch FX platform, the latter of which is used by the National Bank of Georgia for foreign exchange market interventions and purchases. The research division produces recurring publications including the Weekly Market Watch, Monthly Economic Review, Weekly Capital Market Watch, and the Tbilisi Residential Real Estate Report. Notable transactions handled include the GEL 450 million (approximately $300 million) Eurobond for JSC Bank of Georgia in 2025 — the largest local-currency Eurobond across the Caucasus, Turkey, and Central Asia — and the $20 million Sustainability-Linked Bond program for GeoSteel, Georgia's first ESG-linked financing in heavy industry.
Galt & Taggart generates revenue through three streams: transaction-based brokerage fees, professional services fees from investment banking mandates, and recurring subscription revenue from research publications. Distribution occurs through direct enterprise client engagement for advisory and IB services, a self-serve online brokerage platform for individual investors, and direct sales for research subscriptions in English and Georgian. The firm was named Best Investment Bank of 2026 by Global Finance and is positioned as the N1 investment bank in Georgia.
Galt & Taggart firmographics
Firmographics- Name
- Galt & Taggart
- Legal name
- Galt & Taggart
- Website
- https://galtandtaggart.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Galt & Taggart is Georgia's leading investment bank and the investment banking arm of Lion Finance Group PLC, providing brokerage, capital raising, advisory, and investment research services to corporate, institutional, and individual clients across the Caucasus region.
- Ownership category
- akta.pro rank
Galt & Taggart industry classification
Industry- Product category
- Investment Banking
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Full-Service Brokerage (Wirehouse/Universal) (FSAEACAA)
- akta.pro secondary industry
- Multi-Asset / Cross-Asset Brokerage (FSAEACAM)
Keywords
Where Galt & Taggart is headquartered
LocationHeadquarters
- HQ city
- Tbilisi
- HQ country
- Georgia
- HQ region
- Asia
Offices1 record
Markets served
Galt & Taggart business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Brokerage Services: Multi-asset trading platform providing the widest range of investment products to clients through brokerage services
- Investment Banking: Capital raising and comprehensive financial advisory services for the biggest transactions in Georgia and the region
- Research Subscriptions: In-depth investment research on economic sectors, macroeconomic trends, and financial markets published regularly
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Galt & Taggart product offering
Product offeringCore offering
Galt & Taggart is the leading investment bank in Georgia, operating three core divisions: Brokerage (the first multi-asset trading platform in the country offering the widest range of investment products), Investment Banking (capital raising and comprehensive financial advisory for individuals and organizations), and Research (in-depth professional coverage of Georgian economic sectors, macroeconomic trends, and financial markets). The firm also runs the BMatch FX platform, used by the National Bank of Georgia for FX interventions.
Product overview
Galt & Taggart is Georgia's leading investment bank and the N1 investment bank in the country, offering a unified platform of financial services. The company operates three core divisions: Brokerage (the first multi-asset trading platform in Georgia), Investment Banking (market-leading capital raising and advisory services), and Research (in-depth coverage of economic sectors and financial markets). The Research division publishes periodic reports including Weekly Market Watch, Monthly Economic Review, Weekly Capital Market Watch, and Tbilisi Residential Real Estate reports, which collectively support investors in understanding Georgian market trends.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Largest local-currency Eurobond across Caucasus, Turkey, and Central Asia - GEL 450 million
Companies that use Galt & Taggart
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Galt & Taggart technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Galt & Taggart partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- GeoSteelcoreGalt & Taggart supported GeoSteel's $20 million Sustainability-Linked Bond program, including a second tranche of $5 million oversubscribed at 150%. This was Georgia's first ESG-linked financing model in heavy industry, enabling GeoSteel to achieve improved rates of 8.50% compared to the first tranche's 9%.
- JSC Bank of GeorgiacoreGalt & Taggart acted as investment bank for the largest local-currency Eurobond from the private sector across Caucasus, Turkey, and Central Asia in 2025 - GEL 450 million 11.50% senior unsecured Notes issued by JSC Bank of Georgia. Notes were issued under Reg S/Rule 144A, listed on Euronext Dublin, and rated Ba2 by Moody's.
Scale indicators8 records
Recent moves5 records
Expansion highlights5 records
Galt & Taggart competitors and assessment
Company assessmentDirect peers
- TBC Capital: Investment banking arm of TBC Bank, the other major Georgian banking group. Directly comparable as a Georgia-based full-service investment bank serving corporate and institutional clients with capital markets, advisory, and brokerage services.
- Bank of Georgia Capital: Sibling entity under the same Lion Finance Group parent (Bank of Georgia). Comparable as a Georgian investment banking and brokerage operation, although Galt & Taggart and Bank of Georgia Capital appear to serve overlapping functions within the group.
Broad incumbents
- Renaissance Capital: Established emerging-markets-focused investment bank with deep presence across CIS and Caucasus. Comparable as a regional full-service IB and brokerage providing research, capital markets, and advisory to issuers in frontier and emerging markets.
- Goldman Sachs International: Global bulge-bracket investment bank. Comparable in offering full-service investment banking, multi-asset brokerage, and equity research, and a competitor for the largest cross-border mandates originating from Georgia.
- JPMorgan: Global bulge-bracket investment bank. Comparable as a competitor on cross-border bond placements and advisory mandates from Georgian and Caucasus-region issuers, particularly for Reg S/144A Eurobond transactions on Euronext.
Regional players
- Halyk Finance: Investment banking and brokerage arm of Halyk Bank, Kazakhstan's largest bank. Comparable as a bank-affiliated IB franchise serving a single dominant Central Asian market with brokerage, advisory, and research services.
- Wood & Company Financial Services: Central and Eastern European investment bank and brokerage with research, trading, and corporate finance offerings. Comparable as a smaller, regionally focused full-service broker serving frontier markets with a strong research franchise.
- Dragon Capital: Leading Ukrainian investment bank and asset manager offering brokerage, corporate finance, and research. Comparable as a frontier-market, bank-affiliated full-service IB with strong local research presence, although Ukraine operations are currently disrupted.
- AK Yatırım: Turkish investment bank offering brokerage, research, and corporate finance services. Comparable as a regional full-service broker with deep local market presence and a multi-asset trading platform.
Emerging players
- Solid Core Investment: Smaller-scale investment bank active in Central Asian and CIS markets. Comparable as an emerging-market focused boutique IB arranging cross-border bond placements and providing advisory in frontier economies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Galt & Taggart social profiles
Digital presenceGalt & Taggart financial estimates
Financial estimateRevenue estimate
Valuation estimate
Galt & Taggart leadership team
Management profileNumber of profiles
Profiles2 records
Galt & Taggart funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Galt & Taggart M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Galt & Taggart
What does Galt & Taggart do?
Galt & Taggart is the leading investment bank in Georgia, operating three core divisions: Brokerage (the first multi-asset trading platform in the country offering the widest range of investment products), Investment Banking (capital raising and comprehensive financial advisory for individuals and organizations), and Research (in-depth professional coverage of Georgian economic sectors, macroeconomic trends, and financial markets). The firm also runs the BMatch FX platform, used by the National Bank of Georgia for FX interventions.
Is Galt & Taggart a public or private company?
Galt & Taggart is a private company. It is classified as corporate owned and is currently operating.
When was Galt & Taggart founded?
Galt & Taggart was founded in 1995. It employs 101 to 250 people.
Where is Galt & Taggart based?
Galt & Taggart is headquartered in Tbilisi, Georgia, in the Asia region.
How does Galt & Taggart make money?
Three revenue lines are on record. Brokerage Services are the primary driver. The others are investment Banking and research Subscriptions.
Who are Galt & Taggart's main competitors?
Direct peers on record are TBC Capital and Bank of Georgia Capital. Broad incumbents are Renaissance Capital, Goldman Sachs International and JPMorgan. Regional players are Halyk Finance, Wood & Company Financial Services, Dragon Capital and AK Yatırım. Solid Core Investment is listed as an emerging player.
Does Galt & Taggart have an API?
No public API is recorded for Galt & Taggart.
What industry is Galt & Taggart in?
Galt & Taggart's product category is Investment Banking. Its primary akta.pro industry code is FSAEACAA, Full-Service Brokerage (Wirehouse/Universal), with a secondary code of FSAEACAM, Multi-Asset / Cross-Asset Brokerage. Its NAICS code is 5231 and its SIC code is 6211.