Alma Advisors
Alma Advisors is an independent M&A and corporate finance advisory firm serving European mid-market entrepreneurs, family businesses, corporates, and investors. Operating from Limassol and Athens as the exclusive IMAP partner for Greece and Cyprus, it delivers advisory across technology and traditional sectors.
- Company typePrivate
- Founded2020
- HeadquartersLimassol, Cyprus
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Alma Advisors does
Alma Advisors is an independent M&A and corporate finance advisory firm founded in 2020 and headquartered in Limassol, Cyprus, with an additional office in Athens, Greece. The firm is co-founded by Nikolas Evangelou (Partner, CFA) and Panagiotis Georgiou (Partner, ACA), supported by an Analyst and growing junior headcount, advising entrepreneurs, family businesses, mid-market corporates, and investors across the European mid-market. Its service portfolio is organized into two core verticals, Technology Sector Advisory and Traditional Sector Advisory, encompassing M&A advisory (sell-side and buy-side), equity capital raising, debt advisory and restructuring, venture capital funding solutions, and credit investment advisory targeting Greek distressed assets.
The firm generates revenue exclusively through professional services fees structured as success fees, retainers, or hybrid arrangements typical of investment banking engagements, with no disclosed productized pricing. Go-to-market is partner-led and relationship-driven, augmented by sector-specific thought leadership (M&A reports covering Greek technology, F&B, packaging, logistics, and chemicals) and direct referrals. The most strategically significant development occurred in May 2026 when Alma joined IMAP as the exclusive partner for Greece and Cyprus, rebranding as Alma IMAP. This partnership provides access to IMAP's global platform spanning 50+ countries and 450+ professionals, materially extending cross-border M&A execution capabilities and deal flow access for domestic and international mandates.
Alma Advisors firmographics
Firmographics- Name
- Alma Advisors
- Legal name
- ALMA ADVISORS Limited
- Website
- https://almaadvisors.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Alma Advisors is an independent M&A and corporate finance advisory firm serving European mid-market entrepreneurs, family businesses, corporates, and investors. Operating from Limassol and Athens as the exclusive IMAP partner for Greece and Cyprus, it delivers advisory across technology and traditional sectors.
- Ownership category
- akta.pro rank
Alma Advisors industry classification
Industry- Product category
- M&A and Corporate Finance Advisory
- NAICS
- Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)
- akta.pro secondary industry
- Buy-Side M&A Advisory (FSAEAGAB)
Keywords
Where Alma Advisors is headquartered
LocationHeadquarters
- HQ city
- Limassol
- HQ country
- Cyprus
- HQ region
- Europe
Offices2 records
Markets served
Alma Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- M&A Advisory Fees: Advisory fees for mergers, acquisitions, and divestitures. Services include sell-side and buy-side M&A, target identification, due diligence support, and transaction execution.
- Corporate Finance Advisory: Fees for equity capital raising, debt advisory, and strategic advisory services. Includes acquisition finance, buyouts, recapitalisations, expansion finance, and working capital solutions.
- Credit Advisory Services: Advisory fees for credit investment advisory, including underwriting, scenario and pricing analysis, transaction structuring for investors in distressed assets and credit portfolios.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom advisory engagements |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Alma Advisors product offering
Product offeringCore offering
Alma Advisors is an independent M&A and corporate finance advisory firm focused on the European mid-market. The firm advises entrepreneurs, family businesses, corporates, and investors on mergers and acquisitions (sell-side and buy-side), equity capital raising, debt advisory, and credit investment advisory, including access to Greek distressed assets. As the exclusive IMAP partner for Greece and Cyprus, it combines local market expertise with international execution capabilities for cross-border mandates.
Product overview
Alma Advisors is an independent M&A and corporate finance advisory firm serving the European mid-market. The firm operates two core service lines—Technology Sector Advisory and Traditional Sector Advisory—which encompass specialized modules including VC Funding Solutions, Equity Capital Raising, Mergers & Acquisitions Advisory, Debt Advisory, and Credit Investment Advisory. As the exclusive IMAP partner for Greece and Cyprus, the firm combines local market insight with international execution capabilities for domestic and cross-border transactions.
Differentiator
Problem solved
Functional benefit
Products and services
- Technology Sector Advisory M&A and corporate finance advisory services tailored for technology companies across fintech, enterprise software, digital platforms, proptech, healthtech, and regtech sectors. Advises founders and growth-stage companies on capital raising, strategic transactions, and exits.
- Traditional Sector Advisory M&A and corporate finance advisory services for traditional SMEs across real estate, financial services, telecom, media, manufacturing, chemicals, consumer goods, and retail industries.
- VC Funding Solutions Venture capital funding advisory services including investor deck preparation, investor lists, strategic advice, and transaction structuring for startups and growth-stage companies.
- Equity Capital Raising Equity capital raising services for middle-market companies and independent sponsors, including acquisition finance, buyouts, recapitalisations, expansion finance, and working capital solutions.
- Mergers & Acquisitions Advisory M&A advisory for sell-side and buy-side transactions including due diligence, disposals, spin-offs, strategic advisory, and target identification for mid-market companies.
- Debt Advisory Debt advisory and restructuring services for mid-market companies, including project financing, acquisition finance, lender negotiations, recapitalisations, and refinancings.
- Credit Investment Advisory Credit advisory services enabling investors to access Greek distressed assets, including underwriting, scenario and pricing analysis, transaction structuring, and project management.
Quantifiable outcome
- 58 M&A transactions completed by IMAP network in Q1 2026 with aggregate value exceeding $4 billion
- +2 more outcomes
Companies that use Alma Advisors
Customer profileNamed customers22 records
Segments6 records
Ideal customer profiles4 records
Alma Advisors technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Alma Advisors partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IMAPflagshipAlma Advisors joined IMAP as its exclusive partner for Greece and Cyprus, operating under the brand 'Alma IMAP'. IMAP is one of the world's leading independent mid-market M&A organizations founded in 1973, operating through 450+ professionals across 50+ countries. The partnership strengthens Alma's ability to support entrepreneurs, corporates, and investors pursuing international strategic and transaction opportunities while enhancing IMAP's presence across Southern Europe and the Eastern Mediterranean. IMAP completed 58 transactions with aggregate value exceeding $4 billion in Q1 2026 alone, ranking IMAP #4 globally by deal volume for transactions up to $500 million.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Alma Advisors competitors and assessment
Company assessmentOthers
- IMAP: Global mid-market M&A advisory network of which Alma Advisors is the exclusive Greece/Cyprus partner. Comparable as the parent organization providing cross-border execution; peer-type 'OTHERS' since the relationship is alliance rather than direct competition.
Direct peers
- Livingstone Partners: Global boutique mid-market M&A advisory firm with comparable sector-agnostic deal model and partner-led senior attention. Highly comparable in service offering, target mid-market clients, and cross-border execution model.
- Clearwater International: European mid-market M&A advisory where co-founder Nikolas Evangelou previously worked. Directly comparable boutique operating across mid-market sectors with strong sector-specific teams.
- Oakley Advisory: Independent European boutique mid-market M&A advisor serving similar founder-led and family-owned mid-market clients with sector-agnostic deal execution.
- Lincoln International: Global mid-market investment bank and M&A advisor with European presence serving similar middle-market clients across M&A, debt, and equity advisory mandates.
Regional players
- Auxadi: Spanish-headquartered international accounting, tax, and payroll services firm that acquired TPS, an Alma Advisors client. Comparable regional professional services platform relevant to mid-market cross-border transaction work in Southern Europe.
Broad incumbents
- Houlihan Lokey: Global investment bank with strong mid-market M&A, capital markets, and financial restructuring practices. Competes for similar mid-market advisory mandates but with broader service portfolio and global scale.
- FTI Consulting: Global advisory firm with strong corporate finance and M&A practice serving mid-market and larger clients. Comparable for cross-border transaction advisory mandates.
- Deloitte Corporate Finance: Big 4 advisory practice where co-founder Panagiotis Georgiou previously worked. Competes in M&A and corporate finance for mid-market clients with broader consulting stack.
- KPMG Deal Advisory: Big 4 deal advisory practice with European mid-market M&A coverage. Comparable for buy-side, sell-side, and corporate finance mandates targeting the same mid-market segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks1 record
Key highlights6 records
Customer concentration
Alma Advisors social profiles
Digital presenceAlma Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alma Advisors leadership team
Management profileNumber of profiles
Profiles3 records
Alma Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alma Advisors 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 Alma Advisors
What does Alma Advisors do?
Alma Advisors is an independent M&A and corporate finance advisory firm focused on the European mid-market. The firm advises entrepreneurs, family businesses, corporates, and investors on mergers and acquisitions (sell-side and buy-side), equity capital raising, debt advisory, and credit investment advisory, including access to Greek distressed assets. As the exclusive IMAP partner for Greece and Cyprus, it combines local market expertise with international execution capabilities for cross-border mandates.
Is Alma Advisors a public or private company?
Alma Advisors is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Alma Advisors founded?
Alma Advisors was founded in 2020. It employs 1 to 10 people.
Where is Alma Advisors based?
Alma Advisors is headquartered in Limassol, Cyprus, in the Europe region.
How does Alma Advisors make money?
Three revenue lines are on record. M&A Advisory Fees are the primary driver. The others are corporate Finance Advisory and credit Advisory Services.
Who are Alma Advisors's main competitors?
IMAP is listed as an others. Direct peers are Livingstone Partners, Clearwater International, Oakley Advisory and Lincoln International. Auxadi is listed as a regional player. Broad incumbents are Houlihan Lokey, FTI Consulting, Deloitte Corporate Finance and KPMG Deal Advisory.
Does Alma Advisors have an API?
No public API is recorded for Alma Advisors.
What industry is Alma Advisors in?
Alma Advisors's product category is M&A and Corporate Finance Advisory. Its primary akta.pro industry code is BPAHAOAA, M&A Advisory (Buy-Side & Sell-Side), with a secondary code of FSAEAGAB, Buy-Side M&A Advisory. Its NAICS code is 54161 and its SIC code is 8742.