SI Global was lead sell-side advisor to Evercom on its merger with Lift, creating one of the first independent integrated communications consultancies of scale in the Iberian market.
Evercom, founded in 1996, is one of Spain’s leading independent creative communications and marketing agencies, with around 130 professionals and revenues of close to €11m. Lift, founded 31 years ago, is one of Portugal’s leading integrated communications agencies, with 60 professionals and revenues of €7.37m in 2025.
The transaction brings together Evercom, headquartered in Spain with offices in Madrid and Barcelona, and Lift, based in Lisbon, under a newly created holding company. CoRe Capital has invested in the project through its CoRe Consolida I fund, taking a 30% stake in the combined group.
The enlarged business will generate combined turnover of approximately €20m and employ 190 people across Madrid, Barcelona and Lisbon. The group will provide clients with an integrated communications offering across Spain and Portugal, while maintaining the Evercom and Lift brands in their respective markets.
The majority of the share capital will remain with the professional partners of both businesses, including Alberte Santos, Salvador da Cunha, Ander Serrano, Irene de la Casa and Rita Olmedo. The combined group will be governed by a Partnership Executive Committee, supported by the management teams of Evercom and Lift.
The transaction reflects the growing demand from clients operating across Spain and Portugal for a single independent communications partner with integrated capabilities across both markets.
Jack Mehigan, Partner at SI Global said: “This deal creates a Southern European comms powerhouse and demonstrates yet again the premium placed on agencies offering strategic advice which we are seeing across the globe.”
Read the full announcement here.
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