Cyprus & World News

Emergo Wealth invests in Cyprus financial services market

21 March, 2014

Emergo Wealth announced that it has agreed to acquire the business of the boutique financial advisory firm The Parthenon Partners. Under the terms of the agreement, Dr George Mountis, founder and Managing Director of The Parthenon Partners will join the executive team of Emergo Wealth as Director of Business Development.
Emergo Wealth Ltd. is a financial services company that has applied for a Cyprus Investment Firm license by the Cyprus Exchange and Securities Commission. The company is associated with the international investment Group of Emergo, which has been operating in Cyprus since 1990.
Dr Mike Balm, the Managing Director of Emergo Wealth said “George Mountis’ expertise in the banking and financial services sector will enhance our ability to grow, while continuing to focus on uncompromising quality of service for our clients.
Dr Mountis specialises in investment banking, corporate finance and debt restructuring advisory. Prior to joining Emergo Wealth, he started and ran several companies in the financial consulting sector in Cyprus. George also worked in London as an investment analyst for CB Richard Ellis and for HSBC in the M&A UK team.
“We have considered and evaluated carefully this strategic move and we are certain that, given the excellent synergies created, there will be great benefit and added value for all our clients,” Mountis said.