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22 April, 2025
 
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Alpha Services acquires AXIA Ventures

Merger unites top firms in Greece and Cyprus, boosting corporate growth and global expansion.

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Alpha Services and Holdings has announced an agreement to acquire AXIA Ventures Group, aiming to form the leading investment banking and capital markets company in Greece and Cyprus. The deal, which covers at least 95% of AXIA's share capital, will combine AXIA with Alpha Finance Investment Services and Alpha Bank’s investment banking division.

AXIA, recognized as a top regional investment bank, brings extensive experience in financial advisory and capital markets, as well as a strong track record of major transactions. The merger will position the combined entity as the foremost provider of investment banking services in both countries, with the expertise to support corporate growth, mergers, acquisitions, and expansion into international markets.

The move aligns with Alpha Services' strategy to strengthen its service offerings, enhance revenue streams, and leverage its partnership with UniCredit for international reach. The merger is expected to drive growth, increase earnings per share, and solidify the company’s position in Greece’s booming investment banking sector.

Completion of the acquisition is expected in the third quarter of 2025, pending regulatory approval. Both companies expressed excitement about the collaboration, which will offer clients a comprehensive suite of financial services across Greece, Cyprus, and beyond.

TAGS
Cyprus  |  banks  |  economy  |  business

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