Alpha Capital Advisory
Alpha Capital Advisory LLC is an independent, Georgia-licensed investment banking boutique founded in 2021 in Tbilisi, providing debt advisory, M&A, consulting, and fintech/PE advisory services to corporate clients across Georgia, the South Caucasus, and Uzbekistan.
- Company typePrivate
- Founded2021
- HeadquartersTbilisi, Georgia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Alpha Capital Advisory does
Alpha Capital Advisory LLC is an independent investment banking advisory firm headquartered in Tbilisi, Georgia, operating as a licensed brokerage firm authorized by the National Bank of Georgia. Founded in 2021 by two seasoned bankers, Irakli Elashvili (formerly CEO of TBC Capital, with prior roles at Barclays, BNP Paribas, and PA Consulting Group; MBA from London Business School) and Levan Tsutsunava (formerly Head of Treasury and Financial Services at TBC Bank, with prior roles at ING Bank, ABN AMRO, and Royal Bank of Scotland), the firm serves corporate clients across Georgia, the South Caucasus, and Uzbekistan.
The firm's product platform spans four service lines: (1) Debt Advisory covering local bonds, IFI fundraising, and Eurobonds; (2) Corporate Finance Advisory covering M&A sell/buy-side, LBOs/MBOs, and company valuation and fairness opinions; (3) Consulting covering management consulting, tailored advisory, and credit ratings advisory; and (4) New Businesses covering fintech/innovation advisory, private equity investments and placement, and treasury/derivatives advisory. Underlying technology is described as standard investment banking advisory platforms for debt capital markets and M&A execution, with no proprietary AI or software products disclosed.
The business model is professional services fee-based, with quote-based per-engagement pricing and multi-year contract cadence, monetized through advisory fees across debt capital markets, M&A, consulting, and wealth/treasury mandates. Go-to-market is enterprise field sales executed through direct professional networking, co-founder relationships, and a regional website and LinkedIn presence. No named customer logos, revenue figures, or deal flow data are publicly disclosed. A material reputational risk is the FCA investor warning issued against an entity using the Alpha Capital Advisory name for allegedly unauthorized financial services in the UK, which the firm should address in any cross-border diligence.
Alpha Capital Advisory firmographics
Firmographics- Name
- Alpha Capital Advisory
- Legal name
- Alpha Capital Advisory LLC
- Website
- https://alphacapitaladvisory.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Alpha Capital Advisory LLC is an independent, Georgia-licensed investment banking boutique founded in 2021 in Tbilisi, providing debt advisory, M&A, consulting, and fintech/PE advisory services to corporate clients across Georgia, the South Caucasus, and Uzbekistan.
- Ownership category
- akta.pro rank
Alpha Capital Advisory industry classification
Industry- 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
- Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)
- akta.pro secondary industries
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Corporate Finance & Capital Advisory (BPAHADAB), Debt Advisory & Financing Advisory (FSAEAGAD), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)
Keywords
Where Alpha Capital Advisory is headquartered
LocationHeadquarters
- HQ city
- Tbilisi
- HQ country
- Georgia
- HQ region
- Asia
Offices1 record
Markets served
Alpha Capital Advisory business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Advisory Fees: Professional advisory fees for investment banking services including debt capital markets, M&A advisory, and consulting engagements
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Others | Multi-year contract | Custom advisory engagement pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Alpha Capital Advisory product offering
Product offeringCore offering
Alpha Capital Advisory LLC is an independent investment banking advisory firm licensed by the National Bank of Georgia as a brokerage. It provides four service lines to corporate clients: Debt Capital Markets advisory, Mergers & Acquisitions advisory, Consulting, and New Businesses (covering wealth, innovation, fintech and private equity opportunities). The firm is headquartered in Tbilisi, Georgia, and serves clients across the Caucasus region.
Product overview
Alpha Capital Advisory offers a unified investment banking advisory platform providing four interconnected service lines: Debt Advisory (local bonds, IFI funding, Eurobonds), Corporate Finance Advisory (M&A, LBOs/MBOs, valuations), Consulting (management consulting, tailored advisory, credit ratings), and New Businesses (fintech/innovation, private equity, treasury/derivatives). The firm operates as a licensed brokerage by the National Bank of Georgia, focusing on debt capital markets and M&A services primarily in Georgia, the South Caucasus region, and Uzbekistan.
Differentiator
Problem solved
Functional benefit
Products and services
- Debt Capital Markets Advisory
Companies that use Alpha Capital Advisory
Customer profileSegments4 records
Ideal customer profiles3 records
Alpha Capital Advisory technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Alpha Capital Advisory partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights4 records
Alpha Capital Advisory competitors and assessment
Company assessmentDirect peers
- TBC Capital: TBC Capital is the investment banking arm of TBC Bank, Georgia's largest bank. It is the most direct competitor to Alpha Capital Advisory in Georgian DCM and M&A advisory, and is the firm where co-founder Elashvili previously served as CEO.
- Galt & Taggart: Galt & Taggart is a Georgia/Caucasus-focused investment bank and brokerage offering equity research, sales and trading, M&A advisory, and asset management. It is one of the closest regional boutique competitors to Alpha Capital Advisory in DCM and M&A in the Caucasus.
Broad incumbents
- JPMorgan: JPMorgan is a global bulge-bracket investment bank with extensive emerging markets DCM and M&A capabilities. It competes with Alpha Capital Advisory on larger cross-border mandates, including Eurobond issuances and M&A transactions involving Caucasus and CIS-based corporates.
- Goldman Sachs: Goldman Sachs is a global bulge-bracket bank with strong emerging markets franchise in DCM and M&A. It represents the type of international competitor Alpha Capital Advisory faces on cross-border mandates in the Caucasus region.
- Rothschild & Co: Rothschild & Co is a leading global M&A and financial advisory firm with deep emerging markets coverage. It is comparable to Alpha Capital Advisory as a specialist, relationship-driven advisor on strategic M&A and corporate finance mandates.
- Lazard: Lazard is a global financial advisory and asset management firm specializing in M&A, restructuring, and capital markets advisory. It competes with boutique advisory firms like Alpha Capital Advisory on mid- to large-cap M&A mandates globally and in emerging markets.
- Houlihan Lokey: Houlihan Lokey is a global independent investment bank with strong M&A, capital markets, and financial restructuring practices. As a large independent advisor, it represents a comparable business model to Alpha Capital Advisory at a much larger scale.
- Citigroup: Citigroup is a global bulge-bracket bank with one of the strongest emerging markets DCM and equity capital markets franchises. It competes for sovereign and corporate Eurobond and local bond mandates in markets like Georgia, Uzbekistan, and the broader CIS region where Alpha Capital Advisory operates.
Others
- Deloitte: Deloitte's financial advisory practice provides M&A, valuation, and consulting services overlapping with Alpha Capital Advisory's Corporate Finance Advisory and Consulting service lines, particularly for cross-border mandates in emerging markets.
- PwC: PwC's Deals and Advisory practice covers M&A, valuations, and capital markets advisory, with strong emerging markets presence. It is an adjacent competitor in the consulting and corporate finance space where Alpha Capital Advisory operates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Alpha Capital Advisory social profiles
Digital presenceAlpha Capital Advisory financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alpha Capital Advisory leadership team
Management profileNumber of profiles
Profiles2 records
Alpha Capital Advisory funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alpha Capital Advisory 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 Alpha Capital Advisory
What does Alpha Capital Advisory do?
Alpha Capital Advisory LLC is an independent investment banking advisory firm licensed by the National Bank of Georgia as a brokerage. It provides four service lines to corporate clients: Debt Capital Markets advisory, Mergers & Acquisitions advisory, Consulting, and New Businesses (covering wealth, innovation, fintech and private equity opportunities). The firm is headquartered in Tbilisi, Georgia, and serves clients across the Caucasus region.
Is Alpha Capital Advisory a public or private company?
Alpha Capital Advisory is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Alpha Capital Advisory founded?
Alpha Capital Advisory was founded in 2021. It employs 11 to 50 people.
Where is Alpha Capital Advisory based?
Alpha Capital Advisory is headquartered in Tbilisi, Georgia, in the Asia region.
How does Alpha Capital Advisory make money?
One revenue line is on record: advisory Fees.
Who are Alpha Capital Advisory's main competitors?
Direct peers on record are TBC Capital and Galt & Taggart. Broad incumbents are JPMorgan, Goldman Sachs, Rothschild & Co, Lazard, Houlihan Lokey and Citigroup. Others are Deloitte and PwC.
Does Alpha Capital Advisory have an API?
No public API is recorded for Alpha Capital Advisory.
What industry is Alpha Capital Advisory in?
Alpha Capital Advisory's product category is Investment Banking Advisory. Its primary akta.pro industry code is BPAHADAG, Capital Raising Advisory (Debt/Equity/Private Capital), with a secondary code of BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 523940 and its SIC code is 6211.