Kerval Advisory Partners

What Kerval Advisory Partners does

Kerval Advisory Partners, S.L. is an independent, partner-owned financial advisory firm headquartered in Madrid, Spain, that delivers corporate finance, transaction, restructuring, and management support services to middle-market companies, financial sponsors, and listed corporates. Its offering is organized into four core service lines — Strategy & Valuation (S&V), Mergers & Acquisitions (M&A), Capital Advisory & Restructuring (CA&R), and Management Support (MS, including outsourced CFO Office and Interim Management) — and is supplemented through the ECOVIS Spain partnership with Audit & Assurance, Consulting, Legal Advisory, and Accounting & Tax services.

The firm operates a senior partner-led engagement model with no proprietary technology platform; its product is human expertise delivered through fee-based advisory mandates. Documented engagements cover 200+ companies, €20bn+ in corporate transactions, and €3bn+ in financing and debt restructuring across 10+ countries in Europe, the US, Latin America, and Asia, with named mandates spanning blue-chip corporates (Repsol, BBVA, Citi, Toyota, Roche, NH Hoteles, Gas Natural Fenosa, Henry Schein) and financial sponsors (Permira, PAI, CVC, EQT, Investindustrial, Trilantic).

Kerval monetizes through professional services fees on project-based mandates, with revenue streams from advisory, due diligence, valuation, capital raising, restructuring, and ongoing management support. Its primary distribution advantage is its membership in ECOVIS International, a top-12 global professional services network providing access to 90+ countries, 10,000+ professionals, and US$3.2bn in global revenues, which enables cross-border mandates and integrated multi-disciplinary delivery that the firm could not build independently at its current scale.

Name

Kerval Advisory Partners

Legal name

Kerval Advisory Partners, S.L.

Website

https://kerval.es

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Kerval Advisory Partners is an independent, partner-owned financial advisory firm in Madrid serving middle-market companies, financial sponsors, and listed corporates with Strategy & Valuation, M&A, Capital Advisory & Restructuring, and Management Support services across Europe, the Americas, and Asia via the ECOVIS International network.

Ownership category

akta.pro rank

Product category

Financial Advisory Services

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Management, Scientific, and Technical Consulting Services (5416), All Other Financial Investment Activities (52399), Management Consulting Services (54161)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Services-Management Consulting Services (8742)

akta.pro primary industry

M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)

akta.pro secondary industries

Corporate Strategy Advisory (BPAHADAA), Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE), Debt Advisory & Financing Advisory (FSAEAGAD)

Keywords

• Mergers and acquisitions
• Corporate finance advisory
• Business valuation services
• Capital restructuring advisory
• Financial due diligence

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Financial Advisory Services: Professional advisory fees charged for corporate finance engagements including M&A transactions, valuations, due diligence, capital advisory, restructuring, and management support services. Revenue is generated through project-based engagements with corporate clients, investors, and financial institutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Kerval Advisory Partners is an independent financial advisory firm providing corporate finance advisory to middle market companies, investors, and financiers. Its offering spans four core pillars: Strategy & Valuation (S&V), Mergers & Acquisitions (M&A), Capital Advisory & Restructuring (CA&R), and Management Support (MS) including interim management and outsourced CFO/CEO office functions. Supplementary services in audit, consulting, legal, tax, and accounting are made available through the ECOVIS Spain partnership.

Product overview

Kerval Advisory Partners is an independent financial advisory firm offering four integrated core service areas: Strategy & Valuation (S&V) for corporate strategy and business valuation; Mergers & Acquisitions (M&A) for transaction execution and due diligence; Capital Advisory & Restructuring (CA&R) for financing and financial restructuring; and Management Support (MS) for external financial management and interim executive services. These services are delivered by an integrated team that can also leverage supplementary offerings through the ECOVIS Spain partnership, including Audit & Assurance, Consulting, Legal Advisory, and Accounting & Tax services. The firm operates as a unified advisory practice rather than a software platform, combining financial expertise with international reach through the ECOVIS International network.

Differentiator

Problem solved

Functional benefit

Products and services

• Strategy & Valuation (S&V) Advisory service covering corporate strategy design and review, business plan development and review, and multi-scenario financial modeling. Includes asset and business valuation for transactions, financing, accounting reporting, and tax purposes, targeted at middle market corporates, investors, and financiers.
• Mergers & Acquisitions (M&A) Advisory service for corporate transactions including acquisitions, divestitures, mergers, spin-offs, and strategic alliances. Includes buy-side and sell-side due diligence, price and contract negotiations, and post-transaction support reviewing terms and synergy generation, for corporate and investor clients.
• Capital Advisory & Restructuring (CA&R) Capital structure design and financing advisory, including debt and equity capital raising and financial liability restructuring for companies facing continuity challenges. Services include viability plans, refinancing, and pre-insolvency and insolvency advisory, for corporates and financial stakeholders.
• Management Support (MS) Financial and strategic management support through outsourcing of key functions (Management Office) and temporary incorporation of expert executives (Interim Management). Includes CFO Office services such as management control, reporting, FP&A, treasury management, and CEO/BoD office support, delivered to corporate clients.
• Audit & Assurance Corporate and subsidy audit services, internal audit support, procedure reviews and internal control assessments, provided through the ECOVIS Spain partnership for corporate clients.
• Consulting Management consulting support covering process improvement, control, reporting, risk management, litigation support, and transfer pricing, provided through the ECOVIS Spain partnership for corporate clients.
• Legal Advisory Legal advisory in commercial and corporate law, procedural law, M&A, insolvency, and economic criminal law, provided through the ECOVIS Spain partnership for corporate and investor clients.
• Accounting & Tax Tax advisory and accounting services for entities and administration, provided through the ECOVIS Spain partnership for corporate clients.

Named customers26 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.

• ECOVIS InternationalcoreStrategic or Co-development PartnerECOVIS International is Kerval's strategic global partner network providing international coverage across 90+ countries with over 10,000 professionals. The partnership enables Kerval to offer clients global advisory capabilities in Audit, Consulting, Accounting, Tax, Legal, and Financial Advisory services. ECOVIS ranks as the 12th largest professional services network globally with US$3.2 billion in revenues and 16,000+ professionals.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Rothschild & Co: Global independent advisory group with deep M&A and restructuring coverage including a substantial Madrid/Iberia practice—larger incumbent offering overlapping capabilities across Strategy, Valuation, M&A, and Restructuring.
• PwC Spain (Deals & Corporate Finance): Big 4 Spanish practice with significant M&A, valuation, restructuring, and corporate finance advisory—provides broadly overlapping capabilities with Kerval within a much larger multi-discipline platform.
• Lazard: Global independent advisory firm with strong Iberian corporate finance presence—competing for the same Spanish mid- and large-cap M&A, restructuring, and strategic advisory mandates as Kerval, though at significantly larger scale.
• EY Spain (Parthenon): EY-Parthenon provides strategy, M&A, and transaction advisory services through its Spanish practice, directly competing for corporate strategy and transaction mandates across Iberian mid-market clients.
• Deloitte Spain (Corporate Finance): Big 4 firm with a broad Iberian advisory practice covering M&A, valuation, restructuring, and consulting—overlapping directly with Kerval's four service pillars, but operating as a multi-discipline incumbent rather than an independent boutique.
• KPMG Spain (Deal Advisory): Big 4 with significant Spanish corporate finance, valuation, and restructuring capabilities; competing for the same Iberian M&A and capital advisory mandates though within a wider portfolio of audit, tax, and consulting services.

Direct peers

• Alvarez & Marsal: Global advisory firm specializing in restructuring, turnaround, and interim management—directly comparable to Kerval's Management Support (Interim CFO/CEO) and Capital Advisory & Restructuring pillars, with established Madrid/Spanish presence.
• Alantra: Madrid-headquartered independent financial advisory firm specializing in mid-market M&A, debt advisory, and equity capital markets across Spain, Europe, and Latin America—directly comparable to Kerval's positioning, geography, and service mix.
• FTI Consulting: Global advisory firm with strong corporate finance, restructuring, and strategic communications practices serving EMEA clients—directly comparable to Kerval's M&A, valuation, and restructuring offerings, particularly for cross-border and distressed mandates.
• Arcano Partners: Madrid-based independent advisory and asset manager offering corporate finance advisory to mid-market companies in Spain and Latin America—directly comparable on geographic focus, mid-market positioning, and independence-led value proposition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kerval-advisory-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Kerval Advisory Partners