Strategic merger between Pyrgou Vakis LLC and Prountzos & Prountzos LLC

Pyrgou Vakis LLC and Prountzos & Prountzos LLC have announced a strategic merger, effective from 1 January 2025.

The merged entity will operate under the name Pyrgou Vakis LLC, uniting two leading law firms to offer expanded and specialised legal services.

The new firm will be led by Melina Pyrgou, who stated: "This merger reflects our commitment to excellence and our belief in the power of collaboration. United, we are better equipped to meet our clients’ needs and to shape an exciting new chapter in our journey. We assure our clients that all necessary measures have already been taken to ensure seamless service and uninterrupted support from day one of our merger."

Charalambos Prountzos, Partner and Director at Pyrgou Vakis LLC, added: "Mergers in the legal sector are now imperative for creating synergies, building depth and expertise, and addressing the increasing regulatory requirements of the profession, all to the benefit of our clients."

Pyrgou Vakis LLC offers a broad range of client-centric legal services. With its headquarters in Nicosia (36 Agias Elenis Street, Galaxias Building, Block B, 6th Floor), the firm remains dedicated to quality, integrity, and added value.

Clients can expect specialised services in the following areas:

• Corporate Law
• Mergers & Acquisitions (M&A)
• Foreign Direct Investments
• Banking & Finance Law
• Technology, Research & Innovation
• Energy
• Real Estate
• Employment Law
• Administrative Law
• Public Procurement
• Family Law
• Commercial Law
• Contract Law
• Intellectual Property Law
• Environmental Law
• Dispute Resolution
• Data Protection
• Inheritance, Succession & Asset Protection

With an enhanced team of 20 lawyers, the new firm says it is well-equipped to handle cases of all levels of complexity, providing effective and personalised solutions.

The consolidation of the legal sector was something that was highlighted in the cover story of GOLD magazine’s August 2024 issue. To view it, click here