Allegro Advisors, a leading Indian full services investment bank has formed a new strategic partnership with the European investment bank, Altium. Altium is one of Europe’s leading mid market focused independent investment banks and has executed transactions in excess of GBP 14 billion since 2005. Altium’s global network of owned and affiliate offices now provides Allegro’s clients a truly global reach and a potent international M&A advisory solution. Altium entered into a similar arrangement with the US investment bank Petsky Prunier recently and they are also part of the alliance between Allegro and Altium.
Altium’s team of highly experienced investment bankers complement Allegro’s team and provide arange of services that mirror those provided by Allegro, including M&A, capital raising, debt restructuring and IPOs.
Kunal Kashyap, Chairman of the board of Allegro commented:
"Emerging Markets like India are seeing a significant increase in inbound and outbound cross border M&A activity. Our partnership with Altium allows us to offer our clients international reach through Altium's presence across its European offices and their partnership with Petsky Prunier in North America. Moreover, Altium's client centric approach reflects our own values and helps us forge a seamless partnership"
The board of Altium also commented:
“We are very pleased to announce the partnership formed with Allegro Advisors, as we continue to develop our international capabilities.
Our clients are certain to benefit from Allegro’s significant presence across India and internationally and their contribution on recent cross-border mandates has already been invaluable, including last month’s mandate to buy India-based Tara Jewels for Austrian jewellery giant Swarovski.
It is exceptional to find a fellow independently operated investment bank with the same unwavering commitment to first-class client service and we look forward to the partnership between our two firms”.
About Altium
Altium provides M&A and corporate finance advice to companies, private equity firms and entrepreneurs. Altium is an international mid-market financial advisory group, employee owned and truly independent. The firm has been a leading advisor for more than 20 years and has developed into a group operating ten offices across Europe and the Middle East. Altium has a leading position among European mid-market advisory groups, complemented by strategic alliances in key markets around the world. In North America, Altium has a partnership with Petsky Prunier, a leading investment bank in the technology, media, marketing, and healthcare industries. And in India, Altium has a partnership with Allegro Advisors, India’s leading independent full service investment bank. For further information about Altium, please visit www.altiumcapital.com.
About Allegro
Allegro Advisors, founded in 2002, is a leading full service investment bank in India that builds value for a spectrum of clients, including the government, public & private corporations and financial institutions. Allegro's investment banking services include domestic and cross border M&A, capital raising, debt restructuring and Initial Public Offerings. Allegro has sector expertise in Life Sciences, Healthcare, Technology, Consumer and Industrials. Allegro's investment banking offices are in Bangalore, Mumbai, Delhi.
Allegro also offers Private Banking, Insurance advisory and Brokerage Services, with a team of over 300 professional across 44 branches in India. For more information about Allegro, please visit www.allegroadvisors.com.
