KPMG Cyprus and W11 Ventures Ltd announce cooperation
11:46 - 23 January 2024
KPMG Cyprus and W11 Ventures Ltd have announced their cooperation focusing on helping companies achieve exponential growth with multi-functional advisory and digital transformation services through advanced technologies, innovation adoption, international business development and capital raising, combining resources and networking on deals.
According to an announcement from the companies, this cooperation combines KPMG Cyprus’ wide range of services and expertise with W11’s innovative model aiming to create value and fit-for-the-future operations for their clients.
On behalf of KPMG Cyprus, Christos V. Vasiliou, Managing Director, commented, “As technology continues to shape the business world of today, there is a huge need for organisations to become more agile and adaptive. We aim at providing our clients with quality services for all their needs and that’s why we are excited for this new cooperation with W11 Ventures Ltd, which will help us explore new opportunities.”
On behalf of W11 Ventures Ltd, Dr. Nikolas P. Mastroyiannopoulos, Founding Managing Partner, added, “The KPMG Cyprus-W11 cooperation creates a unique offering to companies by leveraging innovation and technology for their digital transformation creating a hybrid model that will enhance operational efficiencies, increase competitiveness, and accelerate end to end growth for our clients.”
KPMG has been operating in Cyprus since 1948 and currently employs more than 800 professionals working from 6 offices across the island. It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 143 countries and territories and has approximately 273,000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.
W11, meanwhile, is a unique boutique growth and innovation advisory firm, scaling startups and innovative companies, and a strategic connector of corporates with the innovation ecosystem, creating partnerships for the long run, with a proactive role geared to genuine value creation and growth. W11 offers end-to-end strategic and advisory functions, guidance, and support to startups and innovative companies in the seed, startup, and scaling phases, looking for business development, capital raising, external growth or exit opportunities.