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Alantra continues European expansion with stake in French boutique Avolta

Acquisition adds more dealmakers to a growing roster in Europe at the mid-market bank

Managing partner Franck Portais says deal is a 'perfect fit for broadening our technology sector services offering and footprint'
Managing partner Franck Portais says deal is a 'perfect fit for broadening our technology sector services offering and footprint' Photo: Anita Pouchard Serra/Getty Images

Mid-market investment bank Alantra has continued its aggressive expansion in Europe by adding 20 dealmakers to its ranks through a minority stake in a French boutique.

The Madrid-headquartered investment bank has acquired a minority stake in European boutique Avolta Partners, bolstering its technology-focused dealmaking team during a boom period for the sector, the bank told Financial News.

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