Firm Profile > Masouros & Partners > Athens, Greece

Masouros & Partners
4 Dimokritou Street
106 71 Athens - Greece

Commercial, corporate and M&A Tier 3

Masouros & Partners is ‘able to handle the most sophisticated matters’ and is noted for its ‘excellent case management system’. The team handles M&A, dispute resolution and business combinations such as share purchase agreements and tender offers with specialist knowledge of contract drafting in English and cross-border matters. Practice head Pavlos Masouros is a ‘real expert in corporate law’ and his department is closely integrated with the firm’s office in the Netherlands.

Practice head(s):


The team has superb negotiation capabilities and and a strong business-solution approach, helping clients to find the best and more efficient solution.’

Pavlos Masouros is an outstanding professional: precise, gentle, intuitive and very attentive.

I was very pleased to cooperate with them as they are very responsive and straightforward.

Pavlos Masouros is very proactive which makes him different from other Greek lawyers I have the opportunity to work with.

Available around-the-clock. Dealmaking spirit. Unparalleled experience in M&A transactions. Able to handle the most sophisticated corporate matters. US-style of communication with the client, excellent case management system.

This is an internationally oriented team of lawyers able to advise in relation to a number of jurisdictions wherein our business is active. We usually had to look for local lawyers in each jurisdiction where we had a case, but with Masouros we have a one-stop-shop. We can just let them know what the problem is and they take care of it in no time! They speak many languages, have working relationships with many foreign law firms and they live and breathe the industry we’re in that is tourism/leisure. It is important for our lawyers to have a background in tourism/leisure as the matters arising are unique and require expertise that Masouros lawyers have due to their long-standing exposure to major tour operators and hotel owners.

We have worked with Pavlos Masouros and Prokopis Iatropoulos, both very able lawyers and very service-oriented. Pavlos Masouros is a key figure inside the firm and able to give you solutions to very complex problems within just a few minutes. Whenever we’re stuck with something all we have to do is simply call him and the problem is solved right away. We have witnessed him act in complex negotiations and we have seen how imposing he can be on counterparties’ lawyers due to his expertise, eloquence and deep knowledge of the matters. We wouldn’t change them for anything.

Prof. Masouros is really the key individual within the firm and a lawyer that enjoys a very high reputation among Dutch clients doing business in Greece. He stands out for flawless transactional skills, extremely quick turnaround of assignments and second-to-none contract-drafting and negotiation skills in M&As.

Key clients

Public Power Corporation S.A.

Signify Hellas S.A. (formerly Philips Lighting Hellas S.A.)

MoneyGram International, Inc.

Hyatt Corporation, Inc

Hoya Holdings N.V.

Grecotel S.A.

Pepper Group UK

Finacity Corporation

ACT Commodities

Orthofix s.r.l.

Levi Strauss & Co.

Four Seasons Hotels Limited

Hilton Worldwide Holdings, Inc.

Deutsche Bank A.G.

Masouros & Partners is a law firm headquartered in Athens with an international office in The Hague focusing exclusively on sophisticated capital and specializing in corporate law and M&A.

The firm is consistently ranked by Chambers Global as the only Greek law firm with foreign expertise (2017, 2018, 2019 and 2020), while it has also received a number of awards for its M&A and corporate capabilities (e.g. 2019 ‘M&A Law Firm of the Year’ by CorpINTL, 2019 ‘M&A Law Firm of the Year’ by the Business Excellence Awards, 2019 ‘Corporate Lawyer of the Year’ by AcquisitionINTL, 2020 ‘Most Outstanding Corporate Transactions Law Firm’ by Acquisition INTL).

Masouros & Partners advises routinely private equity funds in relation to Greek (public and private) M&A, while it is also involved in big ticket corporate litigation and M&A arbitration in Greece and beyond. The firm has a ‘best friends’ relationship with a good number of major US and UK law firms and is also a traditional advisor for Dutch clients doing business in Greece.

Department Name Email Telephone
Corporate/M&A Pavlos Masouros +302103613694
Photo Name Position Profile
Ass Prof Pavlos Masouros  photo Ass Prof Pavlos Masouros Managing Partner
Other offices : The Hague

Pavlos Masouros, Managing Partner

Managing Partner, Pavlos Masouros, explains how the firm stands out from competition and what the trends are in corporate deal-making ahead

What do you see as the main points that differentiate Masouros & Partners from your competitors?

Our strategy is to be a one-stop shop for deals, concentrating on high-stakes corporate situations and servicing sophisticated capital only. Rather than taking in run-on-the-mill legal matters, we emphasize transactional representation; we don’t do across-the-board general representation for clients, but we stay focused on advising them on specific matters that fall within our core area of expertise, that is Corporate/M&A.

In line with its culture to act as special counsel for corporate matters, the work at Masouros & Partners is very partner-heavy; partners do not have an army of associates to foist work onto, this is not part of our culture.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

The impact that the Covid-19 crisis shall have on the Greek economy means that we’ll see many more distressed deals. Corporate reorganizations, NPL buyouts shall definitely be on the rise, but many players will likely seek to strengthen their position by banding together with competitors, so we expect to see many M&A deals too. The structures in the M&A deals to come will be riskier, messier, as the merging parties shall seek to hedge against the uncertainties that lie ahead; so we expect to see many earnout arrangements instead of straightforward cold, hard, cash as the currency of takeovers.

What’s the main change you’ve made in the firm that will benefit clients?

We have developed in-house with the help of AI apps a process that allow us to handle much quicker massive data involved in legal due diligence exercises. Instead of spending endless hours on traditional LDD review of documents, our in-house, tailor-made, software tool allows us to be more efficient and move quickly to the critical parts of deal-making, that is drafting and negotiating the agreements.

Is technology changing the way you interact with your clients, and the services you can provide them?

It goes without saying that in the Covid and post-Covid era technology is key to the kind of service a law firm can offer to a client. As we have always had a predominantly foreign, non-Greek, clientele we are used to using technology to communicate with clients, so there’s no ‘Covid transition’ for us.

Can you give us a practical example of how you have helped a client to add value to their business?

In 2018 a client came to us on the verge of bankruptcy. A mountain of debt suffocated the business and banks were threatening with auctions; we went to the banks within a week with a plan to convert 55% of the debt into cumulative preferred stock. The banks flatly refused and with the help of English Counsel we quickly put together a draft scheme of arrangement, which could cram the plan down on the banks. With the threat of scheme of arrangement hanging there, the banks accepted our suggested workout. Using an English scheme of arrangement for a failing Greek business would be a first, as far as we know, so we like to think we’ve been very innovative with this one.

Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

Our small size insulates us from downturns, which have become very common in the Greek economy in the past decade or so. We intend to keep it this way. Small is stable for clients, as it guarantees that they will likely be serviced by the same team in their next deal. If you’re good at what you do and you do the best job you can, there will always be people who come to you.