RU EN

news

Advance Capital Expands International Activity with IMAP Integration

13 Mar
/ 2012

Moscow, 13 March 2012 — Advance Capital has integrated into IMAP global partnership; provider of premium M&A services for mid-cap companies. IMAP is a global M&A partnership formed in 1973 and located in more than 40 countries throughout North and South America, Eastern and Western Europe, the Middle East and Asia. In 2011, IMAP ranked third worldwide and in Europe in the Thomson Reuters League Tables for the number of deals with a value of up to US$500 million. IMAP was also ranked No. 1 in the CEE and Nordic Region, and No. 3 in Europe, for the number of completed deals with a value of up to US$500 million.

Advance Capital became an exclusive IMAP’s partner in Russia and has been chosen based on the company’s success on the local M&A market and the conformity of company services to industry best practices and IMAP standards; Advance Capital brings on board a 13-person team of professionals with valuable experience in M&A transactions and financial advisory. In 2011, Advance Capital was ranked the No. 7 M&A investment advisor in Russia by mergers.ru, based on the number of completed transactions.

IMAP completed 227 M&A deals and 43 capital-raising mandates in 2011, with a strong showing in emerging markets and growing economies. IMAP advisers provide strategic merger, acquisition, divestiture and related corporate finance services, with essential local market knowledge, and industry expertise delivered with unparalleled global reach.

Evgeny Antipov, Managing Director and Partner at Advance Capital, said “We are very pleased to be a part of IMAP, which holds a leading position in the M&A market. We look forward to working closely with other IMAP partners, and we’re confident it will be a long-standing mutually beneficial relationship. By our integration into IMAP, the firm extends its global reach to help Russian businesses find new investors abroad and, provides Russian businessmen with access to a wider set of investment opportunities outside of Russia.”

Sevket Basev, Chairman and CEO at IMAP, stated that “This partnership will play an integral role in connecting Russian organizations to the rest of the world through cross-border and strategic advisory services that can only be delivered by IMAP. Russia is an economy with great importance for its region and the world and I believe we will bring unparalleled inbound and outbound investment opportunities to Russia and our global clients.”

go to the news list