Athens based firm Alexiou-Kosmopoulos Law Firm (AKL) was established in 1981.
Focusses / specialisms
Alexiou-Kosmopoulos Law Firm is a full-service Greek firm with a focus on banking and project finance.
It’s particularly active in real estate and hospitality sector and it provides support on all project related matters, especially in project finance, corporate and M&A.
Its core clients are domestic and foreign banks and developers.
Key clients
The firm's clients include developers and project development funds such as Hellenic Republic Asset Development Fund, Lamda development, Atlantia, as well as Marguerite Fund. Among their biggest clients are the banks Eurobank, Alpha Bank as well as National Bank of Greece and Piraeus Bank. The list of clients also includes Convert Group and YANO Participation.
Research period review: 33rd edition (2023/2024)
During the research cycle the firm was active in all major areas of corporate law. More specifically the firm focused on banking and finance, M&A, and project development.
In terms of banking and finance, the firm notably advised lenders on both financings and refinancings, mainly for corporate and project financing purposes.
In the field of M&A, the firm focused on private acquisitions. It was most active on behalf of sellers and acquirers coming from the real estate and investment management industries.
The project development team continued the firm’s longstanding tradition of advising on PPPs and project development matters. It was active with work on projects mostly in transport and real estate.
Deal highlights: 33rd edition (2023/2024)
McArthurGlen Designer Outlet – Athens €365 million financing
SoftOne Technologies €14 million acquisition of Information Systems Impact
Northern Crete Motorway PPP project
Client feedback: 33rd edition (2023/2024)
Asset finance
"Orally articulate, they have good written communication skills and are also good listeners. Have the ability to draw reasonable, logical conclusions or assumptions from limited information."
M&A
"Deep knowledge, extreme attention to detail, great negotiation skills, they go the last-mile for their client."
"Supportive and cooperative."
Kostas Fatsis
"Judgement, very good knowledge of the RE, writing skills, client care, understanding the client’s business."
"Calm, supportive."
Alexandros Kosmopoulos
"Deep knowledge, attention to detail, responsiveness."
Established in 1970, Bahas Gramatidis & Partners is the result of multiple mergers by Greek firms, forming its current state in 2002. The firm is based in Athens but has an office in Cyprus. A member of the World Law Group, the firm works with associates in 38 countries.
Focusses / specialisms
The firm is recognised for its banking and finance and securitisation advice.
Key clients
The firm’s client base includes Estia Development, Delsk Group, Euromarine Development Private Company, GAP and Hellenic Republic Asset Development Fund.
Research period review: 33rd edition (2023/2024)
During the research cycle the firm focused on banking and finance, capital markets, M&A as well as project development.
In terms of banking and finance work the team focused on the financial services sector and the aviation sector.
In terms of capital markets works, the firm completed work on the equity side, mainly for the financial services sector.
In M&A, the firm was engaged mainly on the acquirer side.
In the project development department, the firm was active mainly on the project developer side. The firm has mainly received mandates from the real estate and the tourism sectors.
Client feedback: 33rd edition (2023/2024)
M&A
"Excellent communication, efficient and effective work and operations, top-tier reliance and confidence level."
Yanos Gramatidis
"Excellent communication, highest level of problem-solving, top-tier knowledge of the national environment, high specialisation in the M&A, privatisation and capital market sectors."
Founded in 1946, Bernitsas Law advises on all areas of business law. It is among the larger domestic firms with a team of 50 lawyers based in Athens.
Focusses / specialisms
The firm works for both domestic and international companies and banks on lending, corporate, capital markets and project development work. In the latter area it is experienced in tender contracts, concession agreements, and the PPP (public-private partnership) agreements.
Key clients
The firm has strong relationships with investment funds, working for investors such as PIMCO and Partners Group. It also works for domestic and international bank and institutional investors such as Piraeus Bank, Alpha Bank, HSBC Bank, European Investment Bank. In project development it worked with Transport Infrastructure Investment Company and Hellenic Republic.
Research period review: 33rd edition (2023/2024)
The firm was active in banking and finance, capital markets, corporate and M&A, and project development.
The banking and finance team was active in a wide range of transactions, including direct financing, bond loans, refinancing, restructuring and loan extensions, and project financing. It advised clients mainly from the financial services and energy sectors and acted both on the lender and the borrower’s side.
The firm was particularly active in debt capital markets, advising mostly issuers on various types of bond and securities issues, mostly senior preferred instruments. On the equity side it advised mostly issuers from the construction and pharmaceutical industries.
In terms of M&A work, the firm completed some notable cross-border acquisitions, mostly on behalf of acquirers. It also provided regulatory advice on M&A compliance and corporate issues. This research cycle’s portfolio includes deals and projects in energy, consumer goods and services, technology and telecommunications and shipping industries.
In project development the firm participated in both cross-border and domestic deals. It advised project companies, developers and bidders on PPP, private and concession projects in social infrastructure, energy, shipping, media, defence and manufacturing industries.
Deal highlights: 33rd edition (2023/2024)
Eurobank €500 million bond issue
Intrakat €100 million share capital increase
University of Thessaly student accommodation facility
Client feedback: 33rd edition (2023/2024)
Banking and finance
"They have a great legal background and they are very helpful in progressing the transactions. They are very responsive."
"Great expertise and know-how. Client-orientated attitude and hands-on approach."
"Holistic approach, deep knowledge."
"Very experienced law firm. We feel confidence with Bernitsas law firm"
"Bernitsas is extremely efficient and always available and successfully completes all deals under demanding deadlines."
"Extremely knowledgeable, swift response, business enabler."
"Best-in-class from a technical perspective. Very responsive and helpful in terms of managing a transaction and providing a seamless collaborative service to our mutual clients."
Capital markets
"Very well educated and experienced, providing legal advice in the most efficient and successful manner, combining knowledge of EU and Greek law."
"Responsive, approachable and knowledgeable."
"Very effective legal support in most difficult cases. Impressive legal knowledge and know-how."
Financial restructuring
"They provide business-orientated legal solutions in an efficient and timely manner."
"Leveraged finance, they act quickly and commercially."
M&A
"Bernitsas is a leading firm in Greece and supported me very well."
"Experience, expertise, availability of resources, responsiveness, effectiveness. Ability to understand the customer's views and to identify critical issues, prioritise, suggest alternatives and follow up. Succinct in their reports and presentations. Timely delivery within (sometimes strict) deadlines. Competitive in their charges and staying within budget."
"Expert knowledge and extensive experience in advising on all aspects of M&A and financing (both refinancing and acquisition financing) transactions. Active participation and full commitment of partners and senior lawyers in a transaction."
"The best law firm in Greece. Experts in Greek law, commercial, hard-working teams and very user- friendly.”
Private equity
"Hands-on approach. Very efficient in making ends meet and fast response."
Restructuring
"Excellent cooperation, useful insights, accurate and on-time replies, business-orientated."
Dionysis Flambouras
"Dionysis is a highly skilful and efficient lawyer – with high-calibre expertise. I consider him a point of reference in the sector."
"Deep knowledge."
"Very experienced, dedicated, smart thinking and commitment."
"Dionysis Flambouras is extremely efficient and has excellent negotiation skills. He is very business-orientated and always achieves the best results for his client. He always continues efforts until the deal is complete."
"Responsive and efficient."
"Very fast response, interaction with both sides (client and bank) of the project. Highly committed."
Sildia Fotopoulou
"Fast and accurate replies, deep knowledge of the law, very good understanding of the company's dynamics, aims and needs, positive attitude."
Nikos Papachristopoulos
"He is the best attorney working in capital markets and corporate governance. Provides excellent and efficient legal services combining his experience in international, EU and Greek law."
"Responsive and helpful in managing unexpected questions and doesn't quibble over small variations to scope of work."
"The best attorney in European and International level, famous for his extended experience and know-how in capital markets."
"Experience and legal skills."
"Nikos Papachristopoulos is a fantastic lawyer with great commercial acumen, a real industry leader in M&A."
Yannis Seiradakis
"Excellent legal work, business-orientated legal solutions, efficient, a real asset for the firm and its clients."
"Communication, managerial and organisational skills. Knowledgeable, experienced, solution-seeker, responsive, succinct. Timely delivery."
Athanasia Tsene
"Great legal background, responsiveness and negotiations skills."
"Exceptional lawyer, knowledge depth, innovative solutions, excellent client and time management."
"She is a great partner. We trust her to provide the right advice at all times."
"One of the top banking and finance Greek lawyers. Authoritative knowledge of her area of expertise, a great lawyer to work with in all respects."
Founded in 1992, Drakopoulos is a full-service law firm with Greek offices in Athens, Bucharest, Larnaca and Tirana.
Focusses / specialisms
The firm has experience providing services in all areas of corporate law and project development to both foreign and local clients, mostly on cross-border transactions.
In banking it’s active in advising lenders on debt-restructuring.
It’s particularly active in M&A where it advises sellers and acquirers on mergers, acquisitions, sales and joint ventures. It advises clients from various industries.
In project development it has experience advising contractors on public tenders.
Key clients
Among its clients are TUI Group, Synthesis Fund, Ιntpakat Constructions, Bracer Investment Properties, Mellon Group Of Companies, Sosoros Real Estate, Victini Logistics Park and Synthesis Structured Trade.
Research period review: 32nd edition (2022/2023)
During the research period the firm was active in banking and finance, capital markets, M&A and restructuring and insolvency.
In banking and finance the firm advised borrowers on bond loan and loan restructuring.
The capital markers team advised issuer on a bond issue.
In corporate and M&A it advised acquirers on acquisitions in technology, tourism, shipping as well as a merger in technology.
In project development the firm advised developer on a social infrastructure projects and acquisitions of a business unit, including its assets.
Recent staffing changes include the recruitment of Alexandros Katsantonis in the corporate and M&A team, from Isigoria Law Office.
Deal highlights: 32nd edition (2022/2023)
Bracer Investment Properties €2.5 million bond loan restructuring
Democritus University of Thrace student hall project
Lloyds Register acquisition of Green Steam Holdings
Phoenix Aircraft Investment $3.2 million loan restructuring
Soft One Technologies €1.2 million acquisition of Regate IT Solutions Consultant
Synthesis Structured Trade €300 million bond issue
Victini Logistics Park €750 000 000 bond loan restructuring
Sosoros Real Estate €10 million bond loan
Client feedback: 32nd edition (2022/2023)
M&A
"Accurate (legal and strategic) advice, value for money, responsiveness and expertise, business-oriented team."
"Very good perception of the business and legal issues and useful proposals for completion of the transaction."
Panagiotis Drakopoulos
"Business-oriented approach, expertise, responsiveness, agile advice."
Dryllerakis & Associates is a Greek independent firm. Established in 1971, it now has 12 partners based in Athens.
Focusses / specialisms
The firm advises domestic and international clients on banking, corporate, capital markets and project development mandates.
Key clients
Among its clients are Worldline, 5G Ventures, Stoiximan, Belterra Group, Hellenic Petroleum, Lamda Development, Belterra Group, SMERemediumCap Fund, RABEN Group, Zeus International Hotel Management and Consulting and Thessaloniki Port Authority.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in banking and finance, capital markets, corporate and M&A, and project development.
In banking and finance the firm advised both lenders and borrowers on bond loans and acquisition financing, as well as provided regulatory advice. In this field the firm’s clients have mostly come from the tourism, energy and financial services industries.
In capital markets the firm attracted clients from the energy, investment management and financial services sectors. It provided guidance to its clients on the new Greek corporate governance framework affecting corporate governance and provided further monitoring advice on compliance.
The M&A team at the firm advised acquirers, sellers, merger parties and joint venture partners on acquisitions in various industries. The list includes consumer goods and services, gaming, tourism, construction, technology and energy.
In project development the firm advised project companies and developers on projects and privatizations, especially in energy and infrastructure.
Deal highlights: 33rd edition (2023/2024)
Zeus International €34 million acquisition of STEFANIA
Client feedback: 33rd edition (2023/2024)
Capital markets
"They provide integrated cover in many legal areas on capital markets issues and excellent responsiveness."
Financial restructuring
"They have a very practical and down-to-earth approach, they always seem to provide advice that is useful and business-orientated and they provide us with the comfort of somebody that understands where we are coming from and where we are going."
Financial services regulatory
"Very effective and helpful."
M&A
"Impressive work quality by Dryllerakis team: expertise, professionalism and respect of delays."
"Professional and commercially minded, timely advice and ability to turn around documents and finalise complex transactions."
Project development
"They have very good knowledge of all the legal issues related to mergers and acquisitions of new entities in Greece."
Smaragda Athanasakou
"Very helpful and on-time services."
Emmanuel Dryllerakis
"Emmanuel is very responsible and business-orientated. He always seems to grasp the root of the problem and is able to provide practical advice. He has wide experience in corporate business and can quickly grasp our needs."
Kleomenis Giannikas
"Excellent knowledge and responsiveness."
Anna Ntionia
"Availability, professionalism."
Cleomenis Yannikas
"Excellent legal and commercial skills, ability to work under pressure and very tight timelines, exemplary attitude to working with the other lawyers involved in a transaction, collegial and professional."
Established in 1991, Dracopoulos & Vassalakis (DVLaw) is a full-service firm located in Athens.
Focusses / specialisms
The firm advises on local and international transactions, and often acts for private equity clients. It is often active in the real estate and energy industries.
Key clients
Among the firm’s clients are QQUANT, Tempus Holdings 97, Hellenic Republic Asset Development Fund, Tempus Holdings 49, Hellenic Corporation of Assets and Participations.
Research period review: 33rd edition (2023/2024)
The firm was active in banking and finance, capital markets and M&A.
In banking and finance, the firm has frequently been engaged by lenders mainly to advise on acquisition financing and bond loan restructuring. In this field the firm’s clients have mostly come from the investment management and logistics sectors.
In terms of equity capital markets, the firm has mainly been advising in fund formation. Here as well the bulk of the firm’s clients come from the investment management sector.
In the M&A field, the firm has mainly advised acquirers on company acquisitions and private equity acquisitions.
Deal highlights: 33rd edition (2023/2024)
Phoenix Aircraft Investment $32 million financing
DIMAND €98 million IPO
Client feedback: 33rd edition (2023/2024)
Investment funds
"Deep domain knowledge and expertise, good negotiations skills and very satisfactory responsiveness."
Private equity
"D&V partners and staff are very knowledgeable in this field and have been able to provide innovative solutions to some problems specific to our proposed fund."
"Quick response. Detailed knowledge of current practice of institutional investors in VC. Open to review several alternative solutions."
Irene Anyfanti
"Good domain knowledge, great communications and negotiations skills, hark worker. positive thinker."
"Irene (who became a D&V partner while we have been working together – she was previously an associate) is very efficient and responsive."
Irene Stefanopoulou
"I have known and worked with her both as colleague (1999-2003) and in the context of my previous fund (2003-2021) for 23 years, she is excellent at producing innovative solutions to non-standard problems, efficient and responsive to client requirements.”
"Quick responses; bringing the relevant colleagues from her firm to the job whenever needed; specialist knowledge in narrow industry (there aren't many VC funds in Greece)."
"Domain knowledge and experience, authority, good network.”
Established in 1963, Karatzas & Partners today has a team of more than 30 lawyers based in Athens with a focus on financial and corporate work.
Focusses / specialisms
The firm is one of strongest in Greece across all areas of transactional work and is known for its cross-border advice. It often works on high value, cross border deals for domestic and international clients and its public M&A and securitisation work especially stand out.
Key clients
Among its clients are renowned domestic and international banks, funds and institutions such as HSBC, Goldman Sachs, Citigroup, National Bank of Greece, J.P. Morgan Securities, Societas Europaea, Alantra Corporate Portfolio Advisors, UBS Europe, Eurobank, Alpha Bank, Piraeus Bank, EIB, Lamda Development and Macquarie Bank. It advises companies from various industries such as Autohellas, PPC, European Union, Noval Property, Elvalhalkor, Chipita, Sitecore Corporation Holding and Pharmathen Group.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in banking and finance, capital markets, M&A, and project development.
In banking and finance, it advised mostly banks and a few investment funds on acquisition financing, refinancing and restructuring of loans.
In terms of capital markets work the team advised clients on issues such as securitization, receivables, junior notes, initial purchases of notes as well as bond and note issues.
The M&A team advised acquirers and sellers on acquisitions in logistics, gaming, technology and manufacturing, The team has also assisted with the formation of a joint venture.
The project development team advised developers on several notable energy projects and real estate developments.
Deal highlights: 33rd edition (2023/2024)
National Bank of Greece $928.9 million note issue
Alpha Bank $437 million covered bond issue
Koimtzoglou-Bakalis-Venieris-Leventis & Associates (KBVL Law Firm) has an office in Athens and is a member of the Deloitte Legal network.
Focusses / specialisms
The firm is particularly experienced in corporate and M&A transaction with a focus on asset acquisitions. It works on the buy-side for local companies and private-equity clients.
Key clients
Among its clients are Delivery Hero, Bank J. Safra Sarasin, JD Sports Fashion, Qualco, Dimera/Beltera Group, Larco, SI Foods, Vantage Towers Greece, Regulatory Authority of Energy and Hellenic Shipyards.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in banking and finance, M&A, and project development.
The banking and finance team provided complex regulatory advice to various clients, mainly from the energy and financial services sectors. In this field the firm focused on financing projects, and other financial services.
In corporate and M&A it advised mainly acquirers on acquisitions in pharmaceuticals, shipping, dairy, food and beverages, telecommunications, and mining.
In project development the team provided advice on transactions, land acquisitions, projects and regulatory matters mainly in the energy and real estate sectors.
Deal highlights: 33rd edition (2023/2024)
EOS Capital Partners €70 million acquisition
Client feedback: 33rd edition (2023/2024)
Banking and finance
"They were very knowledgeable and analytical in a banking area which is new for Greece and required in-depth research."
"They are extremely diligent and pay attention to every detail, they are always available to discuss the case, they are a dedicated team consisting of highly qualified and experienced professionals that provide high-level legal support to clients."
Financial services regulatory
"They thoroughly examined all options, provided guidance on the optimal option, were very responsive to multiple questions."
M&A
"Extremely professional, they saved us a lot of time and their advice was exactly to the point."
"KBVL members have deep knowledge of several key legal areas (ie business organisation, commercial agreements, financing, real estate, GDPR employment, etc), providing a high-quality report including all key legal findings. The team members also have great business acumen, they are always responsive and willing to assist providing end-to-end support of high quality during the whole M&A process."
"The firm possesses in-depth legal knowledge and expertise as well as business insights as to the best approach to follow."
"Strong legal advice; hard-working team; practical and responsible team."
"Thorough due diligence, excellent execution, continuous feedback on progress."
"Top legal knowledge. Great rapport with both client and opposite party, smoothing the transaction process. Responsive, fast turnaround keeping great momentum in the transaction process. Innovative solutions to bypass problems."
"Extremely good knowledge on all the areas we worked together, professional approach, friendly environment and dedication to their work."
"The practice consists of highly knowledgeable and business-orientated professionals who are eager to meet clients' needs and expectations. The team is very detailed and agile and is able to address the particularities of each deal successfully."
Private equity
"They offer their excellent legal input in combination with pragmatic risk analysis, with a big-picture perspective and a business-friendly manner assisting us to make strategic decisions."
Project development
"Top-notch legal expertise, combined with best-in-class business acumen, spotted across all areas KBVL has worked with us."
Michalis Pattakos
"Excellent guidance (business friendly) on resolving issues by proposing alternative approaches."
"Legal expertise in combination with business-friendly approach, communication skills, quick response."
Eliza Stavraka
"Eliza is a quite talented professional with deep knowledge of legal affairs, combined with excellent interpersonal skills and is always willing to support the client."
KK Legal was established in Athens in 2000.
Focusses / specialisms
The firm specialises in mergers and acquisitions in various sectors with a strong focus on the healthcare.
Key clients
Among its clients are Diaverum, Megaplast, Dimokritos, The Panhellenic Medical Association, Affidea, and Central Clinic of Athens.
Research period review: 31st edition (2020/2021)
The firm has been active mainly in corporate and M&A.
In corporate and M&A it has advised purchasers on acquisitions, mergers, and have been particularly active in advising clients on various corporate matters such as compliance, data protection, payments and financing regulatory matters.
Deal highlights: 31st edition (2020/2021)
Affidea Group refinancing
Diaverum €200,000 acquisition of BookNowMed
Dimokritos/Agia merger
KLC Law Firm was established in 2000 in Athens through the merger of three law firms.
Focusses / specialisms
The firm has a particularly strong record of project finance deals and its particularly active in energy, renewables sectors and in infrastructure development projects. It also has been advising local and foreign clients in banking and finance as well as in corporate and M&A.
It has demonstrated a prolific record of work with institutional investors such as European Investment Bank, EBRD and local government investment funds such as Hellenic Republic Asset Development Fund and more.
Key clients
Among its banking clients are DBRS Morningstar, European Investment Bank, Greek Ministry of Finance’s Recovery and Resilience Fund, Hellenic Financial Stability Fund, Hellenic Bank and National Energy Holdings Limited. The list also includes SRH Marine Electronics, AXPO Group, Pieralisi Group and HRADF.
Research period review: 33rd edition (2023/2024)
The was active in in banking and finance, corporate and M&A, and project development.
The banking and finance team has an equally prolific record of transactional work and regulatory work. The transactional work of the team consists of advising lenders on acquisition financing, project financing and refinancing.
The team provided regulatory advice and support in a broad range of issues, including contingent convertible bonds and arising corporate issues, fund activity and RRF funds formation, EU financial instruments implementation, due diligence of NPLs, and NPL-backed securitization issues and banking compliance. Its clients are mostly banks, investment funds and financial institutions.
The corporate and M&A team worked on behalf of the sell side and the acquisition side on acquisitions in various industries, including shipping, traditional energy and the electricity sectors, in particular, hospitality and, most notably, the renewable energy sector.
In project development the firm advised mostly investors and also developers on concessions, asset privatization, land acquisition, and projects in the energy sector. The firm’s work includes traditional energy infrastructure and renewable energy constructions.
Deal highlights: 33rd edition (2023/2024)
Motor Oil Renewable Energy 4 wind parks and one photovoltaic park acquisition
NEHL €172 million project financing
NEHL €59 million project financing
Client feedback: 33rd edition (2023/2024)
Banking and finance
“Diversified areas of expertise are covered. Excellent response time. Coherent and exhaustive analysis of the matters requiring legal analysis.”
“The firm did an excellent job detecting the key risks of the transactions and drafting all the legal documentation required in a timely manner.”
M&A
“Good knowledge and professional approach.”
“Drafting of the tender and contractual documents of the international tender. Negotiation with the prequalified investors on the contractual documents. Overall legal support throughout the tender process.”
Project finance
“Our lenders proposed several law firms and we opined for KLC to act as their legal advisers on the basis of prior experience we had with them in similar transactions. They were flexible, and ready to find practical solutions.”
Panagiotis Tzioumas
“Excellent response time. Good understanding of the matter to be investigated and proper delegation to the person with appropriate expertise.”
“Panagiotis is an excellent lawyer capable of creating strong client relationships of trust. He is deeply devoted in the cases involved.”
“His flexibility and readiness to find practical commercial solutions. Also he impressed us with the professional, dedicated and efficient work of his team.”
Ioanna Lazaridou
“Cooperative professional and to the point.”
Established in 1930, Koutalidis Law Firm is a leading Greek firm. It has a team of 45 lawyers including 10 partners based in Athens who among them have individuals fluent in English, German, French, Spanish and Italian, in addition to Greek.
Focusses / specialisms
The firm is capable across all areas of transactional work but specialises in banking and project development. It regularly works for Greek systemic banks and assisted the Greek National Bank in its first securitised NPL (non-performing loan) portfolio transaction.
The firm often works for domestic and international clients as local counsel on international deals.
Key clients
Among its clients are BNP Paribas, Deutsche Bank Aktiengesellschaft, Goldman Sachs Bank Europe SE, HSBC Continental Europe, J.P. Morgan, Nomura Financial Products Europe, Alpha Bank, Barclays Bank Ireland, Citigroup Global Markets Europe, Commerzbank Aktiengesellschaft, Morgan Stanley Europe and BNP Paribas.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in banking and finance, capital markets, corporate and M&A, and project development.
In banking and finance, it has advised both the lending and the borrowing side on acquisition financing, direct financing and bond loans. It was particularly active in the field of project financing. The firm’s clients came from industries such as energy, transportation and financial services.
The capital markets team has been receiving both debt and equity mandates with the debt side mostly advising issuers of bonds and notes. On the equity side the firm advised on some notable IPOs.
In M&A, the firm advised on acquisitions in a broad range of sectors, including gaming, technology and telecommunications, real estate, logistics, and pharmaceuticals. It also advised merging parties.
In terms of project development work, the team advised developers, bidders and sponsors on projects in various industries, most notably in the energy and infrastructure sectors.
Deal highlights: 33rd edition (2023/2024)
Athens International Airport €1 million refinancing
Safe Bulkers €100 million bond issue
National Bank of Greece $32 million acquisition
Client feedback: 33rd edition (2023/2024)
Banking and finance
"Efficient."
"Prompt, clear, available."
Capital markets
"The Koutalidis team's long-standing relationship with the bank has provided it with very good knowledge of the bank's needs and documents, so they are equipped to give their feedback and legal advice tailored to bank's best fit requirements."
"Legal knowledge, cooperation and hard work."
"Koutalidis Law Firm provided expert advice on complex legal issues, they provided all necessary legal input documentation on time and to very high standards."
Financial restructuring
"Koutalidis Law Firm offers a significantly high level of service in terms of response time, business acumen/industry knowledge, appropriateness of advice, strength-in-depth of team and value for money. The depth and breadth of their knowledge ensures that they are able to support every client’s business needs successfully and provide high-quality, innovative legal solutions in the increasingly complex area of legislation and practice."
M&A
"Very smart, experienced, commercial, good negotiators, proactive and responsive."
"Koutalidis is a very good law firm and a perfect choice for cross-border transactions that require Greek law support. They are very quick, pragmatic, have specialists in the relevant legal fields and are very proactive in supporting a transaction. This has been the case for many years. When I need their support they respond in five minutes and always put me in touch with the right lawyer at the firm. I can really recommend Koutalidis for legal support in Greece."
"Deep knowledge of M&A deals, sound legal expertise, hands-on approach, proactivity, approachable to client."
"They are experts with regards to corporate law and M&A. They helped our client in the negotiations with the fund and secured our client's interests in the best possible way."
"The practice consists of highly knowledgeable and business-orientated professionals who are eager to meet clients' needs and expectations. The team is very detailed and agile and is able to address the particularities of each deal successfully."
"The corporate/M&A team at Koutalidis are smart, proactive and commercially minded. They provide a full-suite service to ensure that all aspects of an M&A transaction are covered properly and to the highest level. Furthermore, they remain engaged and attentive to the customer's needs and priorities."
PPP/PFI
"Great knowledge of relevant law, relentless in achieving targets."
"Very good knowledge of the jurisdiction and industry knowledge, offering solutions in any issue arising during the execution of the project financings."
Project development
"Good knowledge of the local stakeholders and the highways and infrastructure sector in Greece."
"Good legal knowledge."
Yiannis Kantas
"Multilingual, proficient in PPP law, outstanding ability to understand business stakes."
"Good technical skills. Depth of knowledge of the public/regulatory law-related matters."
Ioannis Kaptanis
"Ioannis Kaptanis is an excellent legal adviser with numerous strengths and qualities, such as correct judgement, analytical skills, creativity, perseverance and commitment."
"Good legal knowledge."
Chrysanthi Karlou
"Very smart, experienced/commercial, personable, effective, analytical and good communicator."
"Excellent corporate lawyer. Highly intelligent and commercially minded. She is also driven, responsive and very attentive to the customer's transaction objectives and pressure points. Chrysanthi was an invaluable component to ensuring we successfully completed the transaction."
Nikos Koritsas
"He is a senior and very experienced lawyer; very entrepreneurial and hands-on despite his seniority. Very proactive and business-minded. Whenever I call him, he will support me right away. Easily reachable; quick and precise; a real leader."
Georgia Koutsoukou
"Legal knowledge. Solving problems. Excellent cooperation."
Yiannis Loizos
"Extremely good knowledge of M&A deals, sharp-minded, very thorough, excellent communication skills."
"Yiannis is very knowledgeable and has a business-orientated mindset that makes him able to address the particularities of each deal successfully."
Effie Papoutsi
"She is available when needed, very well structured and organised, knows her job in depth and advises in a very comprehensive way when needed."
"Deep legal knowledge."
Maria Petropoulou
"Tenacity, hard work, knowledgeable, client-orientated, friendly."
Nikos Salakas
"In-depth knowledge of capital markets transactions."
"Very good knowledge regarding project financings, offering very good solutions in any issue arising during the transaction."
"He is very analytical, excellent communication skills, reliable, trustworthy, very good legal knowledge."
Kyriakides Georgopoulos Law Firm is one of the oldest Greek corporate law firms with offices in Athens and Thessaloniki since 1930. The firm has 15 partners and approximately 100 lawyers.
Focusses / specialisms
The firm is active in advising clients on both cross-border and domestic transactions in banking and finance, capital markets, corporate and M&A and project development.
In banking and finance the firm advises clients on both domestic and cross-border transactions such as direct financing, acquisition financing, debt refinancing and most notably in project financing.
In capital markets it is particularly experienced in advising issuers on note issues, as well as acquisition and restructuring of debt products.
The firm has a prolific corporate and M&A practice which includes advising all sides of the table on sales, acquisitions, share transfers and mergers, as well as on corporate governance, regulatory matters and business entities formation. It’s active in various industries, including banking, retail, IT, energy and real estate.
In project development it advises clients on projects and concessions mainly in the real estate and energy sectors, both oil and gas and renewable energy.
Key clients
Among its clients are SENS LSG Wircon, AXPO, Lightsource bp, Steag Solar Energy, Siemens Gamesa, DESFA, Synrg Holding, Exelient Investements, Darien Holdings, Uni Systems, YES Hotels, Orlando Equity Holding and Synesis Aviation.
Research period review: 33rd edition (2023/2024)
During the research period the firm was particularly active in banking and finance as well as M&A.
In terms of banking and finance the team at Kyriakides Georgopoulos has assisted both borrowers and lenders, mainly from the financial services sector.
In the M&A field the firm has advised mainly sellers and acquirers on deals in technology, hospitality and pharmaceuticals among other industries.
Deal highlights: 33rd edition (2023/2024)
Ideal Holdings €11 million common secured bond loan
Enel Green Power Hellas €430 million bridge financing
Ocado Group €10.5 million acquisition of Myrmex Ventures
Established in 1863, Lambadarios Law is one of Greece’s oldest firms. It has a team of more than 20 lawyers based in Athens.
Focusses / specialisms
The firm focuses on a wide range of domestic and international commercial work and is strong across banking, project finance, capital markets, M&A and project development.
Key clients
Among its clients are Piraeus Bank, Eurobank, Alpha Bank, National Bank of Greece, VHPH Properties, Metka Australia, Hines and Henderson Park, EBRD, Davidson Kempner Capital Management, J.P. Morgan, Citigroup Global Markets Europe, Credit Suisse Bank, Morgan Stanley Europe, HRADF, Brook Lane Capital, Kohlberg Kravis Roberts & Co., Orsted, Public Gas Corporation, and Gastrade.
Research period review: 33rd edition (2023/2024)
During the research period the firm worked on domestic and cross-border deals in banking and finance, capital markets, and project development.
In banking and finance the firm advised borrowers and lenders on bond loans, corporate financing, project financing, and acquisition financing. The firm’s clients mainly came from industries such as energy, oil and gas, and financial services.
The capital markets team was active in debt capital markets where it advised on various notes issues. The firm’s clients mainly came from the banking and financial services industries.
In project development it advised concession companies, project developers, EPC-contractors, sponsors and bidders on projects in transport infrastructure, including air transport, motorway and shipping projects, oil and gas, utilities and renewable energy.
Deal highlights: 33rd edition (2023/2024)
Italgas €733 million acquiition of DEPA Infrastructure
Hellas Gold €680 million project financing facility
Psyttalia waste treatment plant
Client feedback: 33rd edition (2023/2024)
Banking and finance
"Very kind and always available when I need them."
"Responsible, reliable, flexible and efficient."
"Expertise, Greek law knowledge, legal advice and timely execution."
M&A
"Problem-solving, solid opinions, fast legal documents preparation, strong negotiation support."
"Proficient, reliable, practical."
"Very professional, reactive and efficient."
"Senior-level involvement in all critical aspects of the transaction. Solutions-driven, always trying to find creative ways to push the project forward. Keen business acumen – deep understanding of the business issues at hand rather than just a narrow legal view of the process."
"They are hands-on and very proactive. Knowledgeable and great to work with. I particularly like the fact that they work as if we are their top priority."
"Support from LLF was critical since, apart from the confidence they brought to the table from a legal perspective, they supported us through the whole process, investing time with the principals and really offering a personalised service. Immediate response and proactivity also helped resolve issues effectively."
PPP/PFI
"Well organised, with great experience in PPP projects."
"Lambadarios was very responsive and business-orientated while they provided legal comments. They also have been helpful to describe the legal and commercial context to be considered in Greece."
"Very good knowledge of the market and the local regulatory environment, being able to provide solutions on complex legal issues."
"Very professional service provision and very good standing in the market."
Private equity
"Very knowledgeable, efficient and cost-effective in staffing. Well connected to major stakeholders in Greece and excellent advice and connections elsewhere in EU."
"Excellent knowledge of the underlying Greek law mechanics. flexibility, responsiveness, transaction-orientated."
Project development
"Very professional legal advisory, exceptional knowledge of big deals (M&As) transactions, detailed work, great and diverse team."
"Thorough diligence."
"Timely responsiveness. Accuracy and good knowledge of the regulatory and legislative framework around energy infrastructure projects. Problem-solving."
"Responsive, quick, very professional. Very good knowledge of the Greek RES market."
"Knowledge and expertise in the field of engagement. Accuracy in expectations/projections."
"Very experienced in motorway concession agreements; provided ideas and specific provision to 'modernise' the concession agreement; very supportive in areas of project financing."
"Positive disposition, excellent cooperation, understanding of the legal framework, availability."
"They thoroughly know the Greek legal framework for project development. Note that project development and permitting is a highly complex issue in Greece."
"Commercial and proactive."
"They know the procedures in all aspects of their involvement."
"Great law firm, very responsible and capable."
"Excellent level of service, know-how and responsiveness."
"LLF was advising our lenders; they are very responsive, extremely constructive in their approach, can find ways to bridge gaps between parties and facilitate the deal."
"Excellent knowledge of the Greek market and understanding of the client's business drivers."
"Commercial sense, responsiveness, deep knowledge, strategic thinking."
Prokopis Dimitriadis
"Knowledge and responsiveness."
Katerina Gini
“Knowledgeable, responsive, precise.”
Melina Katsimi
"Very reactive, professional and efficient."
Yannis Kourniotis
"Fund raising for project, well connected with the banks."
"Efficient, flexible, responsive, reliable."
"Great knowledge of PPP projects. Great ability to find solutions to difficult problems. Always available for answering questions."
"Yannis understands the concerns of his clients and tries to solve them both from a legal and commercial perspective. His business-orientated approach was very much appreciated by the bid team."
"Very good knowledge of the jurisdiction and industry knowledge, providing solutions to every single issue arising during the transaction execution."
"Very positive and motivated, provides practical solutions, very good to work with."
"Knowledgeable, experienced and committed to creative solutions for clients."
"Good knowledge of regulatory and legislative framework. Excellent responsiveness. Innovative solutions."
"Very well experienced; 'doer'; highly responsive; up to date with all recent developments and trends; excellent communication skills."
"Professional, accessible 24/7."
"Ioannis is a very pragmatic lawyer, he does not get into theoretic discussions/approaches and sticks to problem-solving. He has vast experience in his field."
"Communication skills, comprehension, proactive attitude."
"Excellent knowledge of the Greek PPP/PFI market, international reach to global PPP/PFI market and industry players."
Constantinos Lambadarios
"Strong negotiations skills, deep legal understanding, problem-solving."
"Professional, flexible, customer-orientated, good legal knowledge."
"Excellent industry knowledge and business acumen, solutions-orientated."
"He always stays calm and discusses issues in detail. Excellent listener and once we have discussed issues he gives strategic practical advice for solving the matter."
"Very knowledgeable. Listens and builds confidence around him. Also a very valuable partner when it comes to negotiations."
"Commercial, proactive, well-connected."
"Working with Constantinos is a pleasure. He makes difficult things easy, has an extremely positive attitude towards striking a deal and finds innovative solutions."
George Panopoulos
"Great trouble-shooter, always provides the best solution, great knowledge of both legal and commercial terms, transparency."
"Excellent negotiator, problem-solver. Excellent bedside manner. No fuss, very commercial."
"Experience. Good listener. Fast and reliable feedback."
"Deep knowledge, commercial sense, responsiveness."
Founded in 2011, Machas & Partners is an Athens based corporate law firm practicing all areas of corporate law. The firm is registered at the American - Hellenic Chamber of Commerce and the Hellenic - German Chamber of Commerce.
Focusses / specialisms
The firm is strongest in its banking and finance, and corporate and M&A work for international and domestic clients. In banking and finance the firm is particularly experienced in representing borrowers in bond loan transactions. Its corporate and M&A practice includes working on behalf of the buy side and the sell side on share acquisitions in various industries.
Research period review: 33rd edition (2023/2024)
During the research cycle, the firm is particularly active in M&A space.
The firm’s M&A team have been active on the buyer and seller side, and have mostly focused on private acquisitions, mergers and demergers, and joint venture work. The firm has advised clients from various sectors including real estate, gaming, energy, technology and telecommunication, and food and beverages.
Client Feedback: 33rd edition (2023/2024)
Investment funds
"They did the structure of the agreement and ALL legal documents."
Ioannis Charalampopoulos
"Very knowledgeable, and fast executing on all tasks involved."
Masouros & Partners is a Greek corporate firm based in Athens but with an office in the Hague.
Focusses / specialisms
The firm has specialises in corporate and M&A but has financing capabilities too, and often acts as local counsel on cross border deals. The firm is active in the tourism and healthcare industries.
Key clients
Among its clients are HENDO, Public Power Corporation, Supreme Travel Centre, Jull Labs and Petrolina.
Research period review: 33rd edition (2023/2024)
During the research period the firm was particularly active the M&A sector.
In corporate and M&A it advised acquirers and seller on acquisition in various industries, including retail, healthcare, hospitality and, most notably, energy. It also advised joint-venture partners on joint-venture formation and acquisition bidding.
Deal highlights: 33rd edition (2023/2024)
Macquarie Group €2.1bn acquisition of HEDNO
Adaptavist Group $1.5 million acquisition of Nimaworks
Client feedback: 33rd edition (2023/2024)
M&A
"Masouros is an M&A powerhouse in the Greek market and we've been fortunate to have them on our side for years as they have over time become bigger and handle more sophisticated, larger in value, M&A than what we customarily do. They are outstandingly fast and accurate in their advice. They can get a transaction through in no time and can understand what we want without us having to spend much time. They are true wizards."
"Masouros & Partners are precision engineers. They advise with speed, accuracy and elegance. They are not just good at what they do. They are the best at what they do."
"They have a very thorough cross-border practice and ability to communicate and draft in English like no other law firm in Greece. We are impressed."
"They are able to do very thorough work and have significant expertise in M&A, especially in energy projects."
Prokopis Iatropoulos
"Prokopis is a very diligent lawyer who puts in great commitment in what he does for us and is available for advice around the clock."
"Prokopis is a trusted, reliable adviser. He takes away much of the stress of work by knowing that he is ALWAYS there for us. Our emails are read immediately, there's no doubt that the moment he receives a request he commences work on it and we'll have his product of work in no time."
Pavlos Masouros
"At first we couldn't believe that he is a Greek lawyer. He seemed like a lawyer who has done deals in many jurisdictions. A legal titan and legal genius. Charismatic."
"Pavlos Masouros has been our trusted counsel in Greece for more than a decade now. Able to advise in relation to any size and complexity. He is a titanic figure in Greek corporate law."
Founded in 1898, Papapolitis & Papapolitis is a corporate law firm, based in Athens, Greece, and has an office in London, United Kingdom.
Focusses / specialisms
The firm is experienced in all areas of corporate law and project development.
In banking and finance, it has a record of representing all sides of the table in domestic and international transactions, including direct financing, acquisition financing and bond loans.
Its capital markets practice includes representing clients in a broad variety of debt capital markets transactions such as issue, purchase and restructuring of bonds, notes and receivables.
The corporate and M&A team is experienced in representing both the acquisition and the sell side on share transfers, acquisitions, and sales of businesses in a versatile range of industries.
The project development team of the firm has a prolific record of representing the acquirers in real estate acquisitions.
Key clients
Among its clients are ECM Partners, Depa Commercial S.A., Lamda Development S.A., Intralot S.A., Intracom Holdings S.A., Piraeus Bank S.A., Eurobank S.A., Invel Real Estate, Prodea Investments, London and Regional Properties, Taconic Capital Advisors UK LLP, Arish Capital Partners, Famar AVE.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in banking and finance, capital markets, M&A, and project development.
In banking and finance, it advised both borrowers and lenders on corporate financing and acquisition financing. The firm’s clients in this field mostly came from the financial services and investment management industries.
In capital markets the firm was active in both equity and debt transactions.
In terms of debt capital work the firm advised on issues such as green bonds and acquisitions of secured bonds and loan portfolios as well as receivables. In terms of equity work, the firm advised mostly on share capital increases.
The M&A team advised sellers and acquirers on deals in real estate, banking, telecommunications and technology.
The project development team advised mainly acquirers mostly on real estate acquisitions as well as land acquisitions.
Deal highlights: 33rd edition (2023/2024)
Lamda Developments €40 million acquisition of McArthur Glen Hellas
Lamda Developments €230 million follow-on listed bonds public offering
Avis Greece €112m financing agreement
Intralot €130 million share capital increase
Client feedback: 33rd edition (2023/2024)
M&A
"Fast execution and end-to-end solutions."
Elmina Chadio
"Providing solutions. Good communication. Positive attitude."
PotamitisVekris is one of the leading domestic full-service law firms in Greece. Compared with local competitors, it has a relatively large team of over 130 lawyers, operating from its Athens base.
Focusses / specialisms
The firm is active in banking and finance, capital markets, corporate and M&A, and project development.
It has a prolific record of banking and finance transactions, advising borrowers and lenders on both cross-border and domestic transactions such as project finance, acquisition finance, loans and refinancing.
In capital markets it advises all sides of the table on bond issues and regulatory matters.
The corporate and M&A team of the firm is experienced in advising the acquiring and the selling side on share capital increases, transfers of assets, private placements, licencing agreements and joint ventures.
In project development it advises clients on projects in infrastructure, oil and gas and renewable energy.
Key clients
Among its clients are Diorama, Hellenic Corporation of Assets and Participations, Hellenic Republic Asset Development Fund, Wind Hellas, Worldline, Cardlink, Oaktree Capital Management, Piraeus Bank, Fairfax Financial Holdings, Piraeus Financial Holdings, Eurobank, Piraeus Bank, National Bank of Greece, Alpha Bank, Attica Bank and National Bank of Greece.
Research period review: 32nd edition (2022/2023)
During the research period the firm was active in banking and finance, capital markets, corporate and M&A, and project development.
In banking and finance it advised borrowers and lenders on the full range of financing transactions, ranging from direct financing and refinancing to project financing, acquisition financing, NPL acquisitions and bond loans. It also did restructuring and insolvency work for some of its clients such as debt restructuring, and provided advice on restructuring an agreement.
In capital markets it was active in both debt capital markets and equity capital markets, advising mostly the issuer as well as financiers and joint-bookrunners in a few deals. Its debt practice consists of noted and bond issues while its equity practice included share capital increases through public offerings as well as share issues with pre-emptive rights. In addition, the capital markets team actively supports its clients with regulatory guidance before the Hellenic Capital Market Commission.
In corporate and M&A it represented sellers and acquirers on share acquisitions and a distressed assets acquisition. Its clients come from various industries, including banking, hospitality, food and beverage, industrials and manufacturing, telecommunications, tourism, healthcare and natural resources.
In project development it represented sponsors on projects in energy, utilities, transport, and technology and telecommunications.
Recent staffing changes include the recruitment of Theologos Mintzas, internally promoted M&A partner, and Eleana Baya, senior associate in corporate and M&A and Restructuring, hired from Folli Follie Group.
Deal highlights: 32nd edition (2022/2023)
Aegean Airlines €120 million bond listing
Attica Bank €240 million public offering
Folli Follie €500 million restructuring
GEK TERNA Group €221 million project financing
Piraeus Financial Holdings €600 million fixed-rate notes
Sani/Ikos International Group €511 million debt restructuring and refinancing
Terna Energy €500 million project financing
United Group €1.2 billion acquisition of Wind Hellas
Worldline €130 million acquisition of Cardlink
Worldline €320 million acquisition of Eurobank
Client feedback: 32nd edition (2022/2023)
Bank lending : Lender side
"They have long experience and a very practical attitude. I trust their work and their assessment of legal and commercial risks. They are constructive and get the job done, even with the most difficult clients."
Banking and finance
"Excellent knowledge of current law practice and business-oriented advice."
Capital markets : Equity
"Very well qualified in the sector. Excellent service also in associates' level."
"A. They know the capital markets law extremely well. B. They are very business-minded and aim to do what it takes to get a transaction successfully completed, going the very extra mile."
Investment funds
"Protecting our interests at all time. Highlighting at all times important legal issues that need resolution. Propose solutions not problems. Create an in-house lawyer relationship. Help us out when requested in investment committee or investor relations issue."
M&A
"Very organised, very thorough, very diligent."
"Very good knowledge of the law matched with good business acumen."
"Very experienced in such types of transactions, so familiar with normal practice, pitfalls and ways around them, to ensure a smooth process. Risk-averse approach towards client interests, erring on the side of caution. Focused on achieving client objectives, in this instance getting the transaction across the line."
"They have a thorough understanding of their area. They collaborate very effectively and efficiently. They have the creativity and flexibility required for these deals and they engage effectively with all the stakeholders."
"They are experienced, honest and responsive. They always outline areas of legal risk in a focused way, allowing for evaluation from a business perspective."
"Specialised know-how, business-oriented and practical approach has been very conducive in the finalisation of the transaction."
"Quick, responsive, available, experienced, high quality of services."
"Efficiency, quick response, great experience and knowledge, negotiation ability."
"Deep know-how of market, significant expertise."
"Negotiation strategy, multidisciplinary approach, problem-solving, business acumen."
"Business-minded, solving problems, multidisciplinary."
Private equity
"Deep knowledge of the sector, flexibility, fast and effective support."
Project finance
"They have proven in the two transactions with us that they can: a) stick to the agreed timetable, b) respond very quickly to any question, c) provide relevant and insightful feedback, d) think out of the box and propose solutions in complex situations, e) cooperate very efficiently with the bank and all stakeholders, f) provide support in the negotiations with the stakeholders, and g) provide high-quality work and submit well-prepared documentation (finance docs, due diligence reports etc)."
"Exceptional professionals with deep knowledge in their field."
"Both our projects are rather challenging in terms of timing and complexity in their structures and the firm played an important role in assisting us to be able to satisfy client needs. The firm was additionally asked to review and opine on pending applications for the annulment of certain permits of one of the projects, as his expertise in the sector is considered really important."
George Bersis
"Very knowledgeable. Very business-minded."
"Excellent knowledge of matters he is handling. Always updated. Very good communication skills."
"Deep knowledge of equity transactions and supportive."
"Negotiation skills, business perspective.”
Euripides Ioannou
"In-depth knowledge of the local energy market and ability to provide innovative solutions. Effective in managing all counterparties towards achieving strict deadlines. Willing to support the bank in every aspect of the transaction by leveraging his extensive banking experience."
"He is very knowledgeable in the sector, responsive, constructive and competent."
Nikolaos Kampantais
"Listens to and provides feedback. High-quality work. Very experienced and very good knowledge of the legal framework. Excellent in discussing and negotiating with the stakeholders. Very responsive and able to meet deadlines and follow the agreed time schedule."
Alexandros Kortesis
"Very thorough, diligent, collaborative, innovative, creative, patient, positive. Developed the team and expanded the scope of services."
"Eye for detail and accuracy, problem-solving skills, resilient. Commercial lawyer putting emphasis on legal risk assessment."
"Deep transaction experience and local legal knowledge. Unique familiarity with our business. Conservative approach to protecting client interests."
"Professional on time and to the point with vast experience."
Evangelia Natsi
"Fast and accurate response. Diligent work."
Maria Perifanou
"Punctual, accurate, very well organised, high quality of services."
Stathis Potamitis
"Very seasoned lawyer with deep understanding of complex legal matters, business-oriented and problem-solving."
"Quick grasp of materialities, simplicity in solutions, clear solutions, business understanding, always finds ways to cater legally for business issues, excellent negotiator."
"Business-minded, keeps it simple, quickly spots the core issues, provides solutions."
"Great lawyer, business acumen, creativity."
"Extremely knowledgeable and experienced lawyer."
Vasilis Stergiou
"Very impressive"
"Thorough. Responsive at all times. Prioritizes us versus others. Takes a bullet for us. Creative in offering solutions. "
SAP legal (AS Papadimitriou & Partners) is a full-service Greek law firm with an office in Athens.
Focusses / specialisms
SAP legal (AS Papadimitriou & Partners) is a full-service Greek firm with a focus on private equity transactions.
The firm advises in a plethora of industries, from entities owned by the Greek state to real estate, tourism and agriculture. The firm is experienced in the acquisition of non-performing loan portfolios (NPL)
The firm’s clients have included private equity clients, such as Amerra, state entities such as the Hellenic Development Bank of Investment and Greek systemic banks like Eurobank and Piraeus Bank.
Key clients
Among the firm’s clients are Eurobank, Piraeus Bank, Alpha Satellite Television, AMERRA Capital Management, Arion Green Felix SRL, CNL Capital, SMERemediumCap Fund, Alpha Media Group LtD, Tsakos Group of Companies, Alexander S. Onassis Foundation, Hellenic Development Bank of Investments, Euroclinic, and Institute of Life.
Research period review: 33rd edition (2023/2024)
The firm was active in mostly local transactions in banking and finance, and M&A.
In terms of banking and finance work, the firm advised both borrowers and lenders in loan portfolio sales, bond loans, loan restructuring, and provided regulatory advice
In the M&A sphere it advised all sides on share transfers, fund formations, acquisitions and sales. The clients come from various industries, including technology, logistics, consumer goods and services, healthcare and insurance.
Deal highlights: 33rd edition (2023/2024)
Swaplanet €425,000 fund-raising
Client feedback: 33rd edition (2023/2024)
Banking and finance
"Very well organised, in-depth knowledge."
"They have been insightful, supportive and responsive on most hours and days of the week. They provided solutions and answers to issues before they were even raised. Tremendous legal knowledge and commitment to the client."
Financial restructuring
"High expertise, meet deadlines, high level of professionalism."
M&A
"Good balance between International best practices and local legislation."
"Seamless execution of both the break-up and the sale of the two resulting companies. Deep M&A knowledge and experience resulting in well-thought documents (SPA and disclosures) that provide maximum protection."
"Excellent knowledge of the subject, quick responses to the point, serious representation to the buyer, all-round knowledge and coverage of many legal aspects of the deal."
Private equity
"Very knowledgeable about the local banking landscape especially given the peculiarities following the last years of constant changes. Extremely valuable support not only in legal work but also in commercial elements."
Evangelos Lakatzis
"Evangelos is deeply knowledgeable, very supportive and responsive. He comes up with innovative suggestions."
"Evangelos puts his client's interests first and is always available to adapt his time schedule to meet deadlines and work towards making the deal happen."
"Very thoughtful, seasoned, experienced, excellent negotiator and team player."
"Knowledgeable, responsive, excellent representation skills, team player."
Thenia Panagopoulou
"She is an excellent lawyer, she is a real professional, knowledgeable and experienced. She provides solutions to a variety of issues and problems that may occur."
"Very senior with in-depth knowledge of the market and the peculiarities of the banking environment. Spot-on advice always with an eye on advancing business. A very valuable partner for years."
Mantha Varela
"Mantha is very responsive and accessible and has in-depth legal and industry sector knowledge."
Tsibanoulis & Partners was formed by the merger of Tsibanoulis & Associates and Bailas & Partners. The firm is the Greek member of international law firm network, Meritas.
Focusses / specialisms
The firm works across all financial and corporate transactional areas and has a focus in banking and capital markets regulation.
Key clients
Among its clients are Edenred Greece, Coface, Cooperative Bank of Epirus, Dias Payment Systems, Ancoria Bank, Axia Ventures Group, BNP Paribas Securities Services, Helenic Opportunity Fund, NG Travel, AAGE Hempel Crame, Centric, Dimiki Kritis, Cretan Kings, Optisum and OSIS Yachting Partnership.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in banking and finance, capital markets, M&A, and project development.
In banking and finance it was active in advising banks on various legal issues including regulatory matters and ISDA agreements. Its transactional work includes representing both the lender and the borrower in a wide range of financing types.
The capital markets team provided regulatory guidance to financial institutions and commercial clients on a broad range of capital markets issues.
In the M&A field it advised corporate clients on various type of financial investments.
In project development it advised project developers infrastructure project and real estate projects.
Client feedback: 33rd edition (2023/2024)
M&A
"It has been proved to us that Tsibanoulis & Partners are consistent both in terms of quality of work delivered and punctuality, which is vital for large-scale projects."
"Extremely experienced and professional."
Anna Apostolaki
"Anna Apostolaki is a very good and methodical lawyer, who has a broad framework of knowledge and approaches the matter directly from the point of view of solving the problem. Anna Apostolaki, as well as Dimitris Tsibanoulis, both inspire trust in us."
Dimitris Tsibanoulis
"Professional and experienced."
VAP Law Offices is a Greek Law firm established in 2012 by Partner Vicky Athanassoglou.
Focusses / specialisms
The firm has a key focus on banking and finance work, M&A and project development.
Client feedback: 33rd edition (2023/2024)
Banking and finance
“Reliable and efficient.”
“VAP Law Offices is a deal maker, which is always one step ahead of others to foresee obstacles that may arise and find and have ready a solution before something even comes up. With deep knowledge of law, love of detail and a positive spirit, having gained a reputation in the market for hard work and trust, the word of VAP Law Offices and its managing partner Vicky Athanassoglou counts in the market. The VAP Law Offices team is client-orientated, especially when it comes to foreign clients, due to their international background, they have an understanding of foreign mentality and needs.”
Vicky Athanassoglou
“Understands the transaction and facilitates a solution that is win/win. She is hands-on and does not charge like a lawyer.”
“Vicky is passionate about her work and always strives to deliver the best results for her client. She is an extremely professional lawyer, with deep expertise, who has a positive mindset to get the deal done. She is acknowledged in the market, which opens doors, as she provides her strong Greek and international network in the private and public field to her clients.”
Created in 2008, Your Legal Partners is a full-service law firm based in Attica, Greece. It’s a team of 16 partners, counsels and associates, and it is part of Ally Law, a global legal network of 70+ independent firms spread across the world.
Focusses / specialisms
The firm provides services in all areas of corporate law. It works with domestic as well as with international clients on both domestic and cross-border transactions.
It has a banking team which is experienced in acting for lenders as well as borrowers on the full range of financing transactions, including direct financing and refinancing, financing of projects in various industries, acquisition financing, NPEs transfers and bond loans.
In capital markets is focused on debt capital markets instruments issuance and transactions such as bonds and asset-backed securities.
In corporate and M&A it has a demonstrated experience working on behalf of the acquisition side on asset and share acquisitions, including privatizations, in a wide range of industries.
Its project development practice consists of assisting developers and sponsors on projects in various sectors.
Key clients
Among its clients are Eurobank, Piraeus Bank, Alpha Bank, JPA Attica Schools, HIG Capital, Mirova, Deutsche Bank AG, Alantra Corporate Advisors International, EOS Group, Hellenic Republic Asset Development Fund, Hellenic Corporation of Assets and Participation and Mytilineos.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in banking and finance, capital markets, M&A, and project development.
In banking and finance the firm advised clients in lending and borrowing roles on direct financing and refinancing, project financing in various industries and acquisition financing.
In terms of capital markets work it advised mainly on receivables and various types of securitisations.
In M&A the firm represented mainly clients on the acquisition side in real estate, banking, logistics, marine transport, aviation, joint-venture formations investing in real estate.
In project development it assisted stakeholders, sponsors and bidders on concession and sale transactions in air and marine transport, PPP tenders in utilities, social infrastructure, and motorway transport sectors.
Deal highlights: 33rd edition (2023/2024)
HIG Capital €5 million acquisition of Contrade Shipping & Transport company
Thessaloniki FlyOver PPP Project
Xirokambi 70MW Photovoltaic Park
Client feedback: 33rd edition (2023/2024)
M&A
"Flexible, understand quickly, business-orientated, problem-solving."
PPP/PFI
"The members of the Your Legal Partners' team are highly skilled in the field of PPP projects as well as in the legal aspects of project finance and they provide insightful and business-orientated legal advice and support. They are responsive, available and able to handle pressing deadlines very well."
Private equity
"Knowledgeable, responsive, reliable, reasonable charges."
Project finance
"They are quite responsive and provide creative solutions on matters they have been assigned with."
"Commitment to timely delivery. Knowledge of their field of work. Excellent cooperation spirit."
Maria Golfinopoulou
"Highly knowledgeable and responsive, business acumen, problem-solver."
Prokopis Linardos
"Prokopis Linardos stands out for his insightful advice with respect to finance documentation. He is an excellent commercial/corporate lawyer, with great experience in project finance transactions and M&A."
Katerina Politopoulou
"Easy to access, understands the problem quickly, efficient, business-orientated."
"It is always good to have Katerina as counterparty's adviser as she can listen to the other side's arguments and address the arguments of their client with clarity and without creating ambiguities."
Established in 1893, Zepos & Yannopoulos is a leading full service Greek firm based in Athens. The office employs 101 lawyers, including 29 partners. It is part of the legal network Lex Mundi.
Focusses / specialisms
The firm's banking and finance and capital markets practices have developed a reputation for NPL work. The firm advises Greek systemic banks and international investors on several high value NPL portfolio sales and acquisitions.
The firm’s NPL work extends to securitisations and it has advised sellers and investors on innovative transactions. It also advises international investors and originators on more standard loan securitisations.
Its corporate team is active in both private and public M&A. The firm has focus on cross border transactions and often advises international corporations, and investment management and private equity firms on acquisitions in Greece.
In the projects space the firm advises foreign investors and consortiums on developments of social, road and renewable energy infrastructure. The firm has also advised on concession projects in relation to the privatisation of Greek state assets.
Key clients
Some of the firm’s clients include prominent private equity funds and financial institutions, such as Brooklane Capital, a private equity fund, and Intrum, an industry-leading provider of credit management services. The firm also advises Hellenic Petroleum and Mohegan Gaming & Entertainment.
Research period review: 33rd edition (2023/2024)
The firm has been active in banking and finance, capital markets, M&A, and project development.
In banking and finance it has advised lenders and borrowers on project financing, loan portfolio sales and restructurings.
In capital markets it advised arrangers and issuers, on structured finance and securitisation. In this field the company’s clients have mainly been from the financial services industry.
In M&A it advised both the buy side and the sale side on private acquisitions, mergers and divestments. In terms of sectors, the firm was particularly active in banking, tourism, investment management, technology and telecommunications as well as energy.
In project development the firm advised investors and developers regarding projects mainly in the energy sector.
Deal highlights: 33rd edition (2023/2024)
Mondelēz International $2 billion acquisition of Chipita
HELLENiQ ENERGY €130 million acquisition of Kozani photovoltaic park
Client feedback: 33rd edition (2023/2024)
Banking and finance
"The lending industry is heavily regulated in Greece and therefore traditionally an invoice discounting entity should be either a bank or a factor. ZeYa devised a structure based on the domestic securitization law that provides an alternative way."
"They have a deep knowledge of the market and know how to deal with banks."
"Zepos & Yannopoulos have a great expertise in the field. They always provide their assistance with a high level of professionalism in very tight frameworks. The result of their consulting is exceptional."
"Great experience, flexibility and knowledge of the industry."
"Seasoned, experienced professionals who can provide thorough support on complex structuring and documentation issues. Problem-solvers and punctual feedback."
"They have good professionals and are quite responsive to requests."
Investment funds
“The team always provide professional and timely feedback.”
“They are very responsive and always consider the question at hand to its full extent. They can quickly bring in people for other services as needed and they cover all aspects. They are also very good at providing solutions and take into account business considerations.”
M&A
"The various departments Zepos & Yannopoulos has work very well together (eg litigation with tax), offering all legal and tax services a customer can ask for. At the same time, they have gathered a very professional team of experienced lawyers."
"Proficiency. Highly skilled. Flexibility. Super attitude. Very good at listening. Patient."
"They have highly experienced lawyers in many fields of corporate, commercial and real estate law. This enabled us to review all aspects of the transaction and provide high-quality advice to our clients."
"The practice consists of highly knowledgeable and business-orientated professionals who are eager to meet the client’s needs and expectations. The team is very detailed and agile and is able to address the particularities of each deal successfully."
"Z & Y, particularly Stefanos and Nadia, were exceptionally helpful, efficient and available for a very fast M&A project and gave a very thorough redline due diligence report. We would not hesitate to use their services for any future work in Greece."
"Highly responsive, sharp attention to detail, robust and reliable advice, very good client handling skills, very good in the negotiations with the counterparty."
Project development
"The Zepos & Yannopoulos team is very responsive, always available and very hands-on."
Stefanos Charaktiniotis
"Stefanos is very knowledgeable and has a business-orientated mindset that makes him able to address the particularities of each deal successfully."
"Extremely efficient and knowledgeable and completed their work very thoroughly."
Sofia Chatzigiannidou
"Sofia is very responsive and hands-on. Always tries to help finding a solution."
Danai Falconaki
"Danai has been the main point of contact during the deal, and always been available for any question or any request. On the top of that, she is a very responsive, autonomous and competent lawyer."
Elina Filippou
"Very professional, knowledgeable and excellent with clients."
Antonis Giannakodimos
"Very responsive, great listener, extremely professional."
Alexis Kontogiannis
"Alexis always provides an excellent and timely service."
Mary Nigritinou
"Friendly approach, good knowledge."
Elena Papachristou
"She is always available and provides responses on time. She understands commercial aspects as well as legal."
Christina Papanikolopoulou
"Good listener, attention to the client's needs, willing to accept out-of-the-box thinking."
"One of the best legal practitioners with a very high level of expertise and knowledge in the banking sector."
"Very experienced, with good grasp of current legal developments, flexible and eager to support."
"Very experienced, innovative problem-solver, deep knowledge of M&A, banking and finance."
"Impeccable grasp of commercial understanding, deep legal know-how and expertise both on international and domestic legal framework. Top-notch legal adviser."
"Highly credible, very good client handling, very technical, good in the negotiations."
Paris Tzoumas
"Deep knowledge and client management."
Michailopoulos & Associates is a boutique corporate law firm, based in Athens.
Focusses / specialisms
The firm is active in project development. It advises mostly contractors on tender offers, regulatory and corporate law matters.
Client feedback: 32nd edition (2022/2023)
Financial services regulatory
"High expertise in the area of framework agreements/contracts.”
Project development: Telecommunications
"Good understanding of our business operations.”
Moratis Passas is a corporate law firm which established its office in Athens in 1990.
Focusses / specialisms
The firm is focused on capital markets and corporate and M&A.
In capital markets, it has experience in advising underwriters and initial purchasers on securitisations of NPLs, and issuers on share capital increases.
In corporate and M&A, it has experience in advising the acquisition side.
Key clients
Among the clients of the firm are doValue Greece Loans, Credits Claim Management Société Anonyme,Piraeus Bank, Goldman Sachs,Davidson Kempner European Partners, Attica Bank and Piraeus Financial Holdings.
Client feedback: 32nd edition (2022/2023)
Banking and finance
"Technically excellent and very pragmatic approach to transactions. I trust their advice and rely on them on matters of Greek law."
M&A
"Highly qualified personnel, exceptional expertise, flexible to suggest solutions, deep knowledge and understanding of the market, client-centric approach and always up to date, high servicing standards."
Politis & Partners is a Greek full-service law firm, established in 2000 in Athens.
Focusses / specialisms
The firm is active in banking and finance, corporate and M&A.
In banking and finance, it advises lenders and borrowers on the full range of financing transactions, including project financing, acquisition financing and bond loan restructuring. Its project financing practice consists of advising both sides on projects in several industries, most notably in energy.
The firm has a versatile record of M&A transactions, advising the buy side and the sell side on acquisitions, joint ventures, share transfers, sales, restructurings and privatisations.
Key clients
Its list of banking clients includes Eurobank, Eurobank Leasing, Sun Chemical Group, Tricardos, Bausch Health, CPI Computer Peripherals, SPI Energy, Netdata and SPARX Funds.
Among its M&A clients are Sun Chemical Group, SPI Energy, Netdata, Bosch Rexroth Hellas, Survey Digital, Eurobank, V+O Group, Tricardos and Bausch Health.
In project development it works with Piraeus Port Authority, Eurobank Group and SPI Energy.
Client feedback: 32nd edition (2022/2023)
M&A
"Very knowledgeable on the sector norms and always make themselves available."
"Quick reaction, expertise, integrity, trust."
M. Psylla - V. Vizas - G. Katrinakis Law Firm – PwC Legal is a Greek law firm established in 2009 and it has an office in Athens. It is part of PwC Global Legal Network, comprising 3,500 legal professionals across 95 countries.
Focusses / specialisms
The firm is most active in banking and finance, and corporate and M&A.
In banking and finance, it advises clients in banking and financial services on direct financing and sales of loan portfolios.
In corporate and M&A, it advises mostly the buy side on acquisitions and investments in various industries, including technology and banking and finance.
Key clients
Among the clients of the firm are Alpha Bank,Frem Industrial Group, Mantis Group,Premia Properties, Sterner Stenhus,Intrum, doValue, CEPAL and National Bank of Greece, Beijer and Skroutz.
Founded in 2012, Souriadakis Tsibris Law Partnership is a corporate law firm with an office based in Athens.
Focusses / specialisms
The firm is most active in banking and finance, capital markets and corporate and M&A.
In banking and finance, it advises lenders on financing and refinancing.
In capital markets, it advises clients mostly on the issue side on debt transactions such as securitisation and on equity transactions such as IPOs and share capital increases.
In corporate and M&A, it advises all sides of the table on acquisitions in various industries, including tourism, banking and insurance.
Key clients
Among the clients of the firm are Virtus South European Fund, Virtus International Partners, Terniale, Inventor, Ideal Holdings, Kri Kri, Mytilineos, Money Market, Elikonos Sicar and Christofferson Robb & Co.
Client feedback: 32nd edition (2022/2023)
Private equity
"Very professional. Capable in providing legal advice."
M&A
"They are supportive and problems solvers while their legal support is not only from the legal point of view but from the business side as well."
Troulis & Partners is a full-service Greek firm headquartered in Athens.
Focusses / specialisms
The firm is active in banking and finance, markets, M&A and project development.
Key clients
One of the firm's key clients is Tikkun Olam, an Israeli cannabis manufacturer.
Research period review: 31st edition (2020/2021)
The firm has worked on deals in capital markets, project development, corporate and M&A.
In capital markets it worked on bond loans on behalf of the lender and the issuer side. In capital markets equity the firm assisted a local issuer on an IPO in the Tel Aviv Stock Exchange Market.
In project development the firm was active on behalf of local and foreign developers in land acquisitions as well as on a public tender.
In corporate and M&A, it advised the buyer on share acquisitions.
Client feedback: 31st edition (2020/2021)
Asset finance
"Always meet my high expectations, providing solutions in pressing deadlines."
"Excellent expertise, accessible team, high quality legal services."
Banking and finance
"Good control of case. Good reporting. Timely action."
"Committed to its clients. Renewing and Updating the associates' training through seminars, Guarantees successful results."
"Fast and high-quality legal services."
"Strong and dynamic team with both legal and tax experts. The firm meets our needs for both today and tomorrow through the practical application of their skills"
"Strong negotiating skills and assistance in cost-efficient manner and proper business guidance."
"Troulis & Co is a team of very competent lawyers in shipping, finance and banking law. The firm provides us with excellent advisory services and guarantees a business-oriented way of thinking."
"The law firm has taken the time to understand our business and how our operation function becoming a trusted resource partner on legal and financing matters. "
"Troulis & Co assures the compliance of our company with law, especially focused on banking and finance affairs, insuring the due performance of our business activities and our investment strategies."
"The firm understands our business and how our operations function. The team's deep knowledge and the attention to detail make Troulis and Co to stand out."
Capital markets : Debt
"Very good communication and fast response. Sound and precise legal advice."
"Fast reply, honest."
Capital markets : Equity
"The firm committed to serve us by delivering proper legal solutions to generate great results and succeeded thanks to the team's in-depth education, work passion and strong business ethics."
"There are not many firms that we have that solid relationship due to the integrity of Troulis & Co Law Firms Team. All lawyers are always willing to discuss our concerns and respond to our questions. "
M&A
"The team is able to deal with complex issues and to coordinate many different parties in order to meet deadlines and succeed. The firm provides us with practical and business oriented legal advice."
"Troulis & Co brings together industry knowledge with a real grasp of the judicial progress. The firm keeps providing legal solutions which are aligned with our business strategy."
Project development
"In depth knowledge of the law, thorough understanding of the business and technological environment."
"The firm guarantees that each problem has a solution, which leads to success."
"The key factors for choosing to cooperate with the Firm is the team's in-depth legal knowledge and dedication to our company's needs."
"Troulis & co. guarantees the fair promotions of our interests and the team's experience in providing high-quality legal services has helped us become clear market leader."
"We can always count on Troulis and co not only during an active project cycle but also when we are looking for legal advice on processes."
"Efficiency, responsiveness and protective measures."
"The legal expertise coupled with the collaborative spirit made Troulis&Co the go-to expert for my most significant projects."
Restructuring
"They did a very good job."
Angeliki Christodoulou
"Very accessible, gentle and well educated "
Kelly Volakaki
"Competent, hard-working, focused providing innovative solutions."
Manolis Troulis
"Strong negotiation skills, very flexible and accessible at all times."
"Communication experience, problem solving, distribution of workload to the team."
"Strong business ethics, excellent comprehension ability."
"Strong work ethics, thinking out of the box, in depth knowledge."
"Very experienced, dynamic, well-educated and always accessible."
"Very proactive, accessible and goal-oriented."
"Excellent service with exemplary and to the point responses."
"Great in delivering results, accessible and business-oriented."
"Thorough and competent professional who always has the company's best interest in mind."
"Collaborative and passionate spirit, flexible way of thinking, always oriented to our business issues."
"Flexible, passionate, accessible."
"Dynamic, forward thinking lawyer, accessible and well educated."
"Experience in handling complex matters, effectiveness and business-oriented way of thinking."
"Full of passion, flexible with business-oriented way of thinking."
"Strong business ethics, flexible and excellent legal advisor."
"Quick and precise responsiveness."
"Friendly and very accurate."
"Responsive, protective, efficient."
Maria Maravelaki
"Meets deadlines, communication, knowledge."
"Responsive, attentive and able to communicate in an understandable language."
"Fast reply and professional."
"Proactive, accurate, accessible."
"Maria is a trusted resource of advice for all details entailed in all projects we solicited the firm's assistance for. "
Maria-Florentia Pagomenou
"Florentia always does more than we can ever imagine. Her passion covers all of our financial reality and she manages to make us feel safe about the bank lending."
"Politeness, accessible, very well educated, knowledgeable, efficient."
"Creativity in advising and deep understanding or all aspects of corporate practice, financing and commercial strategy."
"Well experienced with a strong strategic insight for negotiating."
"Quick and precise responsiveness."
"Friendly and very accurate."
"Responsive, protective, efficient."
Valmas Associates is a Greek commercial firm based in Athens that opened in 2008.
Focusses / specialisms
The firm has a focus on cross-border and domestic real estate acquisitions.
Key clients
The firm’s clients are predominately include private individuals.
Research period review: 30th edition (2019/2020)
Over the research period the firm worked on the buy side for private individuals and companies in their real estate acquisitions in Greece and Cyprus.
Deal highlights: 30th edition (2019/2020)
E Foster €500,000 real estate acquisition
Client feedback: 30th edition (2019/2020)
Real Estate
“The firm give prompt responses, follow ups and provides accurate information.”
Yannis Valmas
“Yannis the head, is a top person and knowledgeable lawyer.”
“Yannis is personable, committed and fast.”
Ioannis Valmas
“Always on top of things and immediately responds to all questions.”
Watson Farley & Williams Greece is a corporate law firm that is based in Athens. It is trading in partnership with the global firmWatson Farley & Williams, which opened in 1982 and today it has more than 580 lawyers working in 17 offices across the world.
Client feedback: 32nd edition (2022/2023)
Project development: Energy
"Speed of execution. Quality of legal services. Amount/quantity of information provided. A very proactive approach in solving problematic matters. Easy access and availability of the designated people."