29 March 2007
Dusseldorf, Germany and Kyiv, Ukraine (29 March, 2007) - IFG Sokrat of Kyiv is the newest partner to join Global M&A, the world’s leading partnership of independent M&A advisory firms.
“The Ukrainian economy is one of the largest in Central and Eastern Europe (CEE). It is growing very quickly. Consolidation is proceeding rapidly in the financial and food and beverage sectors with insurance, retail and wholesale distribution on the horizon. Like other CEE countries, it offers an attractive investment environment for corporations and private equity groups around the globe. So it is vital that Global M&A has a strong partner in the Ukraine,” said Michael Gibbons, chairman of Global M&A.
“Sokrat is a very highly regarded firm with deep experience in every facet of corporate finance. We are very pleased to welcome them as our partners.”
Sokrat was established in 1994 as a brokerage company, after Ukraine initiated the market reforms and privatization process that laid the foundation for its equity market. Sokrat trades major Ukrainian stocks and bonds, advises strategic and financial investors on their M&A activities, and assists foreign and local corporate clients in raising capital in financial markets by IPOs and private placements.
“Our entry into Global M&A extends Sokrat’s possibilities to work with large international companies that are becoming more interested in investing in Ukraine. Sokrat already works actively with some of those M&A advisors on large projects in various sectors. I am convinced that quite soon the number of interesting and successful transactions will grow,” said Ivan Belga, vice-president of Sokrat’s investment banking division.
About Global M&A
Global M&A is the world’s leading partnership of top-tier independent M&A advisory firms focusing on mid- market transactions with values of up to €250 million. Within Global M&A, over 30 partner firms work together on an exclusive basis to deliver seamless advice to clients’ local and cross-border deals in as many countries across Europe, the Nordic Region, North and South America and the Far East. Members have completed more than 700 transactions with an aggregate deal value exceeding €15 billion since 2000. For more information, please visit www.globalma.com.
Contact:
Wendy Neal
Director of Marketing, Global M&A
wendy.neal@globalma.com
+1 216 241 2800 (office)
+1 216 906 1453 (mobile)