Montega

Name

Montega

Legal name

Montega AG

Website

https://montega.de

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Investment Banking & Equity Research

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Equity research services
• Capital markets advisory
• Small mid-cap research
• IPO advisory
• Investor conferences

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Equity Research: Customized equity research products for listed small and mid-cap companies. Generates recurring advisory relationships with covered companies.
2. Capital Market Advisory: IPO support, capital increases, repositioning, share buybacks, designated sponsoring, and other equity/debt capital market transactions through Montega Markets GmbH.
3. Events & Conferences: Revenue from organizing Hamburg Investors Days (HIT) and virtual events through AIRTIME platform. Ticket sales and corporate participation fees.
4. Corporate Bonds & Convertibles: Placement of corporate bonds, convertible bonds, and private debt instruments for SME issuers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Montega AG is a Hamburg-based investment banking boutique providing equity research, capital markets advisory (IPOs, capital increases, share buybacks, designated sponsoring, corporate bonds, convertibles, private debt), and corporate access services for listed small and mid-cap companies in the German-speaking market. The firm also operates the Hamburg Investors Days (HIT) conference and the AIRTIME virtual event platform, connecting listed issuers with institutional investors including family offices and asset managers.

Product overview

Montega AG is a small and mid-cap boutique offering a comprehensive suite of capital markets services since 2009. The company operates through its core equity research platform (providing customized research products with AI-supported quality control), its AIRTIME virtual event platform (formerly Montega CONNECT, now an independent company launched in 2024, #1 for earnings calls in Germany), and the HIT physical conference series (Hamburg Investors Days, held twice yearly). Additional offerings include equity capital markets services (IPOs, capital increases, share buybacks, listings) and debt capital markets services (convertible bonds, corporate bonds, private debt), delivered through its subsidiary Montega Markets GmbH. Research is distributed through AIRTIME and major financial data platforms including Bloomberg, Refinitiv, Capital IQ, and FactSet.

Differentiator

Problem solved

Functional benefit

Products and services

• Equity Research First-class research products tailored to small and mid-cap companies, including initial studies with recurring structure, ongoing commentary on company and market topics, AI-supported quality control, and distribution via Bloomberg, Refinitiv, Capital IQ, and FactSet. Coverage universe of 70+ companies.
• AIRTIME (formerly Montega CONNECT) Virtual event platform providing earnings calls, investor targeting, and research distribution; reached 1,000+ small/mid-cap investors. Launched as independent company in 2024.
• HIT (Hamburg Investors Days) Physical investor conference held twice yearly in Hamburg, attracting approximately 60 companies and more than 250 investors for over 1,000 one-on-one discussions per event.
• Equity Capital Markets Services Services including IPOs, cash and non-cash capital increases, repositioning/blocks, share buybacks, designated sponsoring, listings, employee participation/share option programs, and share securitizations and paying agent functions.
• Debt Capital Markets Services Services including convertible bonds (mezzanine capital), corporate bonds, exchange and purchase offers, bond securitizations, private debt, and comprehensive capital market advice.
• Montega Markets GmbH Services Subsidiary providing placement business, investment brokerage, and investment advice services for SME issuers across equity and debt instruments.

Quantifiable outcome

• Every third CDAX company trusts Montega solutions
• +2 more outcomes

Named customers4 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

Integration4 records

AI capability1 record

Feature1 record

Partnerships

Four partnerships are on record.

• AIRTIME (Independent Company)Strategic or Co-development Partner · 1 January 2024AIRTIME virtual event platform was spun off as an independent company in 2024 to expand internationally. Montega uses AIRTIME for earnings calls, investor targeting, and research distribution.
• Deutsche BörseStrategic or Co-development PartnerMontega acts as Capital Market Partner of Deutsche Börse, supporting issuers in sustainable positioning on the capital market. Focus on continuous investor outreach, research coverage, and increasing visibility within the institutional investor community.
• Vienna Stock Exchange (Wiener Börse)Strategic or Co-development PartnerMontega serves as Capital Market Partner of the Vienna Stock Exchange, supporting issuers with capital market services and institutional investor access.
• Düsseldorf Stock Exchange (Börse Düsseldorf)Strategic or Co-development PartnerMontega acts as Capital Market Partner of the Düsseldorf Stock Exchange, providing issuer support and investor outreach services.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• GBC AG: GBC AG is a German investment research and corporate finance boutique focused on small and mid-cap companies listed in Germany, providing equity research, IPO advisory, and capital market services directly comparable to Montega's core offerings.
• First Berlin Equity Research: First Berlin is a Berlin-based independent equity research house covering European small and mid-cap companies with institutional research distribution, closely paralleling Montega's SME-focused research franchise.
• Edison Group: Edison Group is a UK-based investment research and advisory firm focused on small and mid-cap companies, offering equity research, investor relations, and capital markets advisory comparable to Montega's integrated offering.
• Baader Bank: Baader Bank is a Munich-based full-service German mid-cap bank offering equity research, sales, trading, and corporate finance for small and mid-cap issuers, directly competing with Montega in research and capital markets advisory.
• Hauck & Aufhäuser: Hauck & Aufhäuser is a Frankfurt-based German private bank providing mid-cap equity research, ECM advisory, and corporate finance services, comparable to Montega in serving DACH small and mid-cap issuers and institutional investors.
• Quirin Privatbank: Quirin Privatbank is a Berlin-based German private bank with a strong mid-cap corporate finance and research franchise, comparable to Montega in serving DACH small and mid-cap issuers and family offices.
• Warburg Research: Warburg Research is the equity research arm of M.M.Warburg & CO and a leading German mid-cap research boutique providing equity research, corporate access, and capital markets services to listed SMEs comparable to Montega.
• SMC Research: SMC Research is a Münster-based German equity research boutique specializing in small and mid-cap stocks, offering research coverage and investor relations services that directly mirror Montega's research-first model.

Broad incumbents

• Kepler Cheuvreux: Kepler Cheuvreux is a leading European independent research and execution house offering mid-cap equity research across multiple European geographies, representing a larger pan-European incumbent comparable to Montega in the SME research segment.
• MainFirst: MainFirst (now part of Stifel Europe) is a Frankfurt-based European equity research boutique providing research and corporate access to mid-cap issuers, an established incumbent comparable to Montega in DACH mid-cap research.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/montega-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 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 Montega