Lilja & Co
European independent equity adviser supporting issuers, owners and sponsors on IPOs, equity offerings, secondaries and dual-track exits.
liljaco.comLilja & Co was founded in 2004 and focuses on issuer-side equity capital-markets advice. The firm works on IPOs, equity offerings, capital increases, secondaries, dual-track exits and related financial advisory.
Its offices in Zurich, Frankfurt and Paris provide a European platform with particular depth in DACH, France and Benelux. A relationship with ICR Capital supports clients considering U.S. market access.
Principal activities
Market readiness, positioning, syndicate selection, investor education, pricing and execution.
Capital increases, follow-ons, block trades, secondaries and equity-linked transactions.
Coordination of IPO and sale alternatives for owners and sponsors.
- Typical clients: Corporations, boards, financial sponsors, founders, shareholders, governments, institutions or other capital-markets participants.
- Engagement context: Public or private capital raising, refinancing, capital-structure decisions, shareholder liquidity, strategic transactions or special situations.
Lilja & Co operates where financing structure, market conditions, investor expectations and corporate strategy interact. Its published capabilities emphasize ipos, equity offerings and dual-track transactions. View the firm’s website ↗
Sector and transaction coverage
- Technology
- Healthcare
- Business services
- Consumer
- Industrials
- Financial institutions
- IPOs
- Dual-track exits
- Capital increases
- Secondary offerings
- Equity-linked transactions
- U.S. market access
The precise role depends on the client, instrument, transaction structure, investor base and jurisdiction. Independent advisers may work alongside underwriters, lenders, legal counsel, communications advisers and other specialists while providing a separate strategic perspective.
Market position
Lilja & Co is positioned as a independent equity capital-markets advisory firm. Its market position reflects advisory scope, senior involvement, transaction experience, investor relationships and ability to coordinate complex financing or strategic processes.
Distinctive focus: A focused European issuer-side ECM boutique led by former senior bank equity-capital-markets professionals.
Competitive context
Lilja & Co competes with independent investment banks, issuer-side capital-markets advisers, debt-advisory boutiques and specialist private-capital firms. The relevant peer set varies by instrument, market, sector, transaction size, geographic scope and whether the assignment requires execution, strategic advice or both.
Comparable firms are selected according to overlap in business model, client segment, service coverage, geographic activity and transaction profile. Inclusion does not imply an exhaustive competitor set or an equivalence in scale, ranking or market position.
Leadership
| Person | Current position | Institutional background |
|---|---|---|
| Stefanie Berlinger | Managing Partner | European ECM and issuer advisory |
| Valéry Barrier | Managing Partner | European equity and equity-linked transactions |
| Robert Lilja | Founding Partner | Equity advisory and firm development |
Leadership information reflects the roles presented in the public sources reviewed on 20 August 2026. View the current team ↗
Corporate and regulatory information
Lilja & Co. AG provides financial advisory services from Switzerland and through its European offices. Regulatory status depends on the service and jurisdiction; a registration identifier was not clearly stated on the public pages reviewed.
View registered-entity details
| Registered entity | Lilja & Co. AG |
| Operating brand | Lilja & Co |
| Regulatory status | Jurisdiction- and service-specific |
| Registration identifier | N/A |
| Primary jurisdiction | Switzerland |
Principal offices
- Zurich
- Frankfurt
- Paris
Rankings and recognition
Ranking inclusion is editorially determined. The existence or maintenance of a Wiki profile does not influence ranking eligibility, tier or position.
Related institutions and subjects
Sources and data transparency
The following sources were accessed on 20 August 2026:
- Lilja & Co — firm and service overview.
- Profile — history and current leadership.
- Services — ECM and strategic-advisory capabilities.
- Advisory Ranking — Top 20 Capital Markets Advisory 2026 inclusion and tier classification.
