New Deal Advisors joins forces with longstanding partner Eight Advisory

New Deal Advisors, a Milan-based M&A and financial advisory firm, has become part of Eight Advisory.

The deal between the two consulting groups builds on a longstanding relationship that began nine years ago, when they first started collaborating within the Eight International alliance.

Eight Advisory is a France-headquartered consulting firm with a presence in seven European markets and the US. The firm supports companies, banks, and investors with financial, operational, and strategic advisory services such as growth, transactions, restructuring and financial transformation. Eight Advisory has more than 950 employees.

New Deal Advisors is a firm specialising in M&A advisory, corporate restructuring, forensic and litigation services, and valuations. With 50 consultants, including 7 partners, the firm has established itself as one of the leading players in its field in the Italian market.

In 2016, Eight Advisory launched the Eight International alliance, a global network of consulting firms. New Deal Advisors has been a member since its inception.

“Eight International was founded on shared values of independence, trust and excellence, and New Deal Advisors has been at the heart of this journey since the very beginning. Over the years, our collaboration has allowed us to combine expertise and deliver seamless cross-border support to our clients,” said Pascal Raidron, President of Eight Advisory and Eight International. “I am happy that this integration will further strengthen our presence in Italy.”

With its new presence in Italy, Eight Advisory now has representation in most major European markets – France, the United Kingdom, Germany, the Netherlands, Switzerland, Spain, and Belgium.

Mara Caverni, Managing Partner of New Deal Advisors, stated: “Being part of Eight International has already shown us the value of close collaboration across borders, and this new step marks an exciting chapter for us. By joining forces with Eight Advisory, we will accelerate our growth in Italy, while maintaining the independence and quality that our clients value most.”