What KT&Partners does

KT&Partners S.r.l. is an independent financial advisory boutique headquartered in Milan, Italy, founded in 2010 by Kevin Tempestini. The firm advises Italian small and mid-cap companies on extraordinary finance transactions and capital markets access, operating across three integrated business lines: Investment Banking (IPO Advisory on Euronext Growth Milan and Euronext Milan, M&A Advisory on both buy-side and sell-side, and Debt Advisory), Capital Markets (Equity Research publishing, Investor Relations support, Market Profiling and Institutional Events including the Annual Investors Summit Day), and Sustainability (ESG advisory and the proprietary "Sustainability Check" ESG scoring model, delivered in partnership with ADvisory S.r.l.s.). Since inception KT&Partners has supported over 50 companies as financial advisor across IPO, M&A and Debt Advisory mandates, and is recognized as a leader in Italy among independent Equity Research providers focused on Euronext Growth Milan small caps.

The firm is officially partnered with Borsa Italiana (since 2012) and the Euronext Elite program and AssoNext (since 2020), and maintains offices overlooking Piazza Affari opposite the Borsa Italiana — a deliberate positioning choice that supports its intermediation franchise. KT&Partners runs a senior, partner-led model with a team of roughly 10–15 professionals that includes the founder/CEO, equity partners, senior advisors with 30–40+ years of experience at UniCredit, Banca Akros, Citibank, Equita SIM and other Tier-1 institutions, plus analysts recruited from Jefferies, Banco BPM and UniCredit DCM. Revenue is generated through transaction-based advisory fees, retainer arrangements (Equity Research coverage, Investor Relations), and success fees on completed deals, under a professional services engagement model. The firm is privately held with no external institutional investors and no parent company.

Name

KT&Partners

Legal name

KT&Partners S.r.l.

Website

https://ktepartners.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

KT&Partners is an independent Milan-based financial advisory boutique founded in 2010, advising Italian small and mid-cap companies on IPO advisory, M&A, debt advisory, equity research, investor relations, and ESG services, with a leadership position on the Euronext Growth Milan market.

Ownership category

akta.pro rank

Product category

Investment Banking Advisory

NAICS

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

SIC

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

akta.pro primary industry

Investor Relations (IR) & Capital Markets Communications (MPAAADAH)

akta.pro secondary industry

Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI)

Keywords

• Investment banking advisory
• IPO advisory services
• M&A advisory
• Equity research
• Debt advisory

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Advisory Services: Professional advisory fees for Investment Banking (IPO Advisory, M&A Advisory, Debt Advisory), Capital Markets (Equity Research, Investor Relations), and Sustainability consulting services. Revenue is generated through transaction-based fees, retainer arrangements, and success fees for completed deals.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

KT&Partners is an independent financial advisory boutique advising small and mid-sized Italian companies on credit and financial markets. It delivers three integrated business lines: Investment Banking (IPO Advisory, M&A Advisory, Debt Advisory, and IPO Equity Research), Capital Markets (Equity Research publishing, Investor Relations, Market Profiling, and the Annual Investors Summit Day), and Sustainability (ESG advisory in partnership with ADvisory S.r.l.s., including Sustainability Check scoring). Services are sold as transaction-based mandates, retainers, and success fees to Italian SMEs, particularly those targeting or listed on Euronext Growth Milan and Euronext Milan.

Product overview

KT&Partners is an independent financial advisory boutique offering integrated services across three main business lines: Investment Banking (IPO Advisory, M&A Advisory, Debt Advisory, and IPO Equity Research), Capital Markets (Equity Research, Investor Relations, Market Profiling, and Events), and Sustainability (ESG advisory in partnership with Advisory S.r.l.s.). The company operates as a unified advisory platform where services are interconnected — for example, Equity Research feeds into Investor Relations activities, and ESG scoring (Sustainability Check) is embedded within Equity Research reports. The Annual Investors Summit Day event connects listed companies with institutional investors, supporting the broader Capital Markets and IR activities.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Banking

Quantifiable outcome

• Supported over 50 companies as financial advisor for IPO, M&A, and Debt Advisory operations
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• ADvisory S.r.l.s.coreStrategic or Co-development Partner · 1 January 2020KT&Partners collaborates in partnership with ADvisory S.r.l.s., a strategic consultancy company specialized in Governance, Sustainability and Social Responsibility. The partnership provides ESG advisory services with ADvisory conducting ESG scoring analysis included in KT&Partners' Equity Research Reports through the Sustainability Check model. ADvisory was founded in 2020 by Anna Doro, a lawyer with experience in banking, insurance sectors and corporate governance of listed companies.
• Elite (Euronext Group)coreStrategic or Co-development Partner · 1 January 2020Partner of the Elite program since 2020, which supports companies in their growth path and preparation for listing on Euronext markets. The Elite program provides training, mentoring, and access to capital markets.
• AssoNextminorStrategic or Co-development Partner · 1 January 2020Partner/member of AssoNext association since 2020, an association supporting Italian mid-market companies and SMEs.
• Borsa Italiana (Euronext Group)coreStrategic or Co-development Partner · 1 January 2012Official partner of Borsa Italiana Stock Exchange since 2012. KT&Partners has been recognized as a provider of advisory services for companies seeking access to Italian capital markets, particularly Euronext Growth Milan. The partnership provides deal flow and market visibility.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Banca Finnat Euramerica: Italian independent bank active in private banking, corporate finance, and capital markets services for SMEs and family-owned businesses. Comparable boutique profile targeting similar Italian mid-market clients.
• Banca Profilo: Italian boutique bank offering investment banking, wealth management, and asset management with a focus on HNW and small-cap advisory. Comparable in scale and Italian boutique positioning to KT&Partners.
• Alantra (Italy): International independent financial advisory firm with a strong Italian mid-market M&A and Equity Research franchise. Directly comparable as a boutique advisor serving Italian SMEs and listed companies.
• Equita SIM: Italian independent investment bank offering ECM, M&A advisory, and Equity Research primarily to Italian mid-caps. One of the closest direct comparables to KT&Partners in boutique IB and small-cap research.
• Intermonte: Independent Italian investment bank and broker focused on mid-cap equity research, ECM, and M&A advisory for Italian listed and pre-listed SMEs. Direct competitor to KT&Partners on Euronext Growth Milan IPO advisory and Equity Research mandates.

Broad incumbents

• Rothschild & Co (Italy): Global independent advisory firm with a significant Italian mid-cap M&A practice. Competes with KT&Partners on larger cross-border and Italian SME M&A mandates as a broader boutique incumbent.
• Lazard (Italy): Global financial advisory firm with established Italian mid-cap M&A and capital markets practice. Operates as a broad incumbent competitor for premium Italian advisory mandates.
• Mediobanca: Leading Italian investment bank with dominant mid-cap M&A, ECM, and Equity Research franchises. Operates as a broad incumbent that competes with KT&Partners on larger Italian SME IPOs and M&A mandates.
• Deutsche Bank Italy: Global investment bank with established Italian ECM, M&A, and Equity Research franchises. Competes with KT&Partners as a broad incumbent for larger Italian corporate finance mandates.
• Vitale & Co (now KPMG Italy Financial Advisory): Italian independent financial advisory boutique that has been absorbed into KPMG Italy's Financial Advisory practice, continuing to serve mid-cap M&A and capital markets clients. Comparable boutique-origin competitor now operating within a Big-4 platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 KT&Partners