Porta Finance

What Porta Finance does

Porta Finance is an independent financial advisory firm headquartered in Estonia and operating across the Baltic States through offices in Tallinn, Riga, and Vilnius. Founded in 2012 by former Evli Securities executives (Aidas Galubickas, Julijus Grigaliūnas, and Mikus Janvars), the firm provides two core advisory services: mergers and acquisitions advisory (acting as exclusive financial adviser to shareholders and acquirers on transactions including sales, acquisitions, and divestments) and capital raising advisory (equity and debt raising, including refinancing). The firm has advised on more than 100 cumulative M&A and capital-raising transactions spanning healthcare, technology, food and beverage, energy, and government clients.

The firm operates a partner-led, transaction-based professional services model with no proprietary technology platform; revenue is generated through negotiated advisory fees on individual mandates. In June 2013, Porta Finance entered an exclusive strategic alliance with Rothschild & Co, providing Baltic clients with access to Rothschild's global advisory network of approximately 900 bankers across 40 countries (Rothschild reports 3,500 specialists globally), while giving Rothschild a structured Baltic presence. The firm has no disclosed parent company, no institutional or private-equity ownership, and no funding rounds; it remains a privately held partnership under the leadership of Managing Partner Julijus Grigaliūnas (Lithuania), Partner Karl-Erik Kodu (Estonia), Partner Mikus Janvars (Latvia), and Associate Partner Adomas Navickas.

The client roster includes enterprise corporates and governments across the Baltics, with representative mandates such as advising Mehiläinen on the acquisition of InMedica (Lithuania's largest private healthcare group, 3,500+ employees, 89 facilities), advising shareholders of OptiCom on its sale to Hawk Infinity and WB Holding, advising the shareholders of Värska Originaal on its sale to Olvi Group, acting as sole adviser to Fortum on the €800m sale of its Baltic district heating business to Partners Group, advising Decapterus on the €175m sale of Hame to Orkla, and advising the Government of Latvia on the acquisition of stakes in Conexus Baltic Grid. The firm has won the Mergermarket 'Baltic M&A Financial Adviser of the Year' award four times (2013, 2018, 2022, 2025) and received the LVCA Financial Adviser of the Year recognition in 2015 and 2022.

Name

Porta Finance

Legal name

Porta Finance

Website

https://portafinance.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Porta Finance is an independent Baltic financial advisory firm, based in Tallinn, Riga and Vilnius, that advises corporate clients and governments on mergers and acquisitions and equity and debt capital raising, operating in an exclusive alliance with Rothschild & Co.

Ownership category

akta.pro rank

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. M&A Advisory Fees: Fees earned for acting as exclusive financial adviser on mergers and acquisitions transactions, including sale processes, acquisitions, and divestments. The firm has advised on over 100 capital raising and M&A transactions.
2. Capital Raising Advisory: Financial advisory fees for equity and debt capital raising transactions, including arranging financing and refinancing for clients.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Porta Finance is an independent financial advisory firm that serves as exclusive financial adviser to corporate clients, private equity firms, and government entities on mergers and acquisitions transactions, including sale processes, acquisitions, and divestments. The firm also advises on equity and debt capital raising, including arranging financing and refinancing. The firm delivers these services through partners and analysts based in Tallinn, Riga, and Vilnius, supported by an exclusive alliance with Rothschild & Co that provides access to global advisory capacity across more than 40 countries.

Product overview

Porta Finance is a financial advisory firm offering two core services: mergers and acquisitions advisory and capital raising advisory. The firm operates as a single integrated service offering without a platform-plus-modules architecture. The two services are provided as distinct but complementary advisory offerings, both delivered through their team of financial advisors based in Tallinn, Riga, and Vilnius, in alliance with Rothschild & Co.

Differentiator

Problem solved

Functional benefit

Products and services

• Mergers and Acquisitions Advisory Independent financial advisory on M&A transactions for corporate clients, private equity firms, and government entities in the Baltic region. Porta Finance acts as exclusive financial adviser on sale processes, acquisitions, and divestments, providing local market insights, sector knowledge, and global reach through its alliance with Rothschild & Co.
• Capital Raising Advisory Advisory services for companies seeking to raise equity or debt capital, including arranging financing and refinancing projects. Porta Finance organises capital raising mandates and supports clients across the Baltic region, leveraging the Rothschild & Co network for international investor and lender access.

Quantifiable outcome

• Over 100 M&A and capital raising transactions advised
• +1 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Rothschild & CocoreStrategic or Co-development Partner · 3 June 2013Porta Finance and Rothschild & Co have created an exclusive partnership to build financial bridges between Baltic and international businesses, entrepreneurs and governments. The partnership provides Baltic businesses improved access to international financial and strategic partners through Rothschild's global network of approximately 900 advisory bankers located in 40 countries. Rothschild & Co is one of the world's largest independent financial advisory firms with 3,500 specialists in over 40 countries.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Others

• Rothschild & Co: Global independent financial advisory group; strategic alliance partner of Porta Finance. While not a direct competitor in the Baltics due to the exclusive partnership, Rothschild performs overlapping M&A and capital raising advisory globally and provides Porta with international reach.

Direct peers

• Perella Weinberg Partners: Independent global advisory firm focused on M&A and capital advisory. Directly comparable as an independent, conflict-free advisory boutique with a similar premium positioning on mid-to-large transactions.
• Houlihan Lokey: Independent global investment bank focused on M&A, capital markets and financial restructuring. Directly comparable as an independent, advisor-led firm with a similar business model of pure-play advisory without lending conflicts.
• Trigon Capital: Baltic-focused investment banking and asset management group. Most direct regional peer given overlapping geography, similar advisory services, and similar client base of Baltic corporates and PE firms.

Broad incumbents

• Lazard: Global independent financial advisory and asset management firm with a strong M&A practice. Comparable as a broad incumbent advisory franchise with overlapping M&A advisory services; competes for larger cross-border mandates that touch the Baltic and CEE region.
• Jefferies: Global investment bank with an active European M&A and capital markets practice. Comparable as a broader incumbent that competes for mid-market cross-border deals in the Baltic and CEE region alongside independent boutiques.
• PwC (Deals): Big Four corporate finance advisory practice active across the Baltic region. Competes with Porta Finance on cross-border M&A and capital raising mandates, leveraging broader consulting capabilities.
• Deloitte (Financial Advisory): Big Four firm with a substantial M&A and corporate finance advisory practice across the Baltics and CEE. Overlaps with Porta Finance on mid-market sell-side and buy-side advisory mandates.
• KPMG (Deal Advisory): Big Four advisory practice providing M&A, deal advisory and corporate finance services in the Baltic states. Competes with Porta Finance for corporate transaction mandates, particularly on mid-market processes.

Regional players

• KBC Securities: European regional broker-dealer and advisory arm of KBC Group with CEE/Nordic M&A exposure. Comparable as a regional investment bank offering equity capital markets and M&A advisory adjacent to Porta's Baltic franchise.

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/portafinance
• LinkedInlinkedin.com/company/porta-finance

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Porta Finance