Philip Ammerman

Investment Advisor, Tech Investor at Navigator Consulting United Kingdom

About Philip

Philip is a consultant, entrepreneur and investment advisor who has advised start-ups, investors and enterprises on digital disruption, internationalisation and investment-led growth since 1994. He is founder of Navigator Consulting, Numenor Capital and the Centre for Innovation & Entrepreneurship.

Philip started his consultancy career in 1992. He supported the first wave of disruption in sectors such as banking and travel between 1995 and 2000, when the first dot.com crash took place. In parallel, he supported “real economy” investments, primarily in industry and manufacturing, that took place in Greece, Central & Eastern Europe and the former Soviet Union. He has advised on over 120 investment transactions with a total investment value exceeding € 6 billion. He has multi-sectoral experience in due diligence, business planning and financial modelling, in sectors including digital/tech start-ups and scale-ups, agri-food, manufacturing and hospitality.

The Web 2.0 boom continued Philip’s engagement in the tech sector, and in 2010, he founded the Navigator Entrepreneurship Charter, an initiative to support growth in Europe by investing in 10 new start-ups and spin-offs between 2010 and 2020. In this capacity, Philip acts as early stage angel investor and board member, and has co-founded or invested in 6 start-ups so far, all in the B2B online services space.

Originally from Athens, Greece, Philip is a resident in Cyprus since 2016, and travels over 250 days per year. He has implemented project work in over 40 countries, and has lived and worked in Greece, Cyprus, Germany, France and the United States.</o:p>

Areas of practice

  • Wealth Management
  • Banking
  • Other Consultancy

Specialization

Due Diligence, Business Planning, Financial Modelling, Risk Assessment, Risk Mitigation, Digital Transformation, Start-ups, Scale-ups, Angel Investing, Venture Capital, Private Equity, Initial Public Offerings, Crowdfunding

I am interested in the following jurisdictions

  • Azerbaijan
  • Cayman Islands
  • China
  • Cyprus
  • Guernsey and Alderney
  • Hong Kong
  • Isle of Man
  • Jersey
  • Kazakhstan
  • Marshall Islands
  • Mauritius
  • Netherlands
  • Russian Federation
  • Switzerland
  • Ukraine

I can help with

I offer commercial due diligence for investments, as well as financial analysis; financial forecasting (integrated dynamic models incorporating profit loss, cash flow and balance sheets with both historical and future modelling); business plan development; risk analysis and risk mitigation; scenario planning; and post-investment support. 

Since founding my company in 1995, I have participated in or led over 170 investment projects delivering more than € 6 billion in invested resources. My largest projects included a € 400 million hotel privatisation in Greece; typical deal size is € 10-50 million. 

I have extensive experience in due diligence and business plan development for private equity funds, big bulge investment banks, multilateral investment banks (such as the European Bank for Reconstruction and Development or the European Investment Bank), family offices another clients. 

Education / Training

2018: YCombinator, Startup School
2017: Oxford University, Said Business School, Oxford Fintech Programme
2006: Cornell University, Certificate in HR Management
1994: Princeton University, B.Sc., Geological & Geophysical Sciences
1994: Princeton University: Certificate in African Studies

Experience

Current Positions (spring 2019): 

Managing Director, Navigator Consulting Group

Managing Director, Centre for Innovation & Entrepreneurship

Entrepreneur in Residence: University of Cyprus, Centre for Entrepreneurship, Spring 2019

Team Coordinator for Greece, European Bank for Reconstruction and Development (EBRD). I am currently supporting innovative Greek companies in the field of competitiveness and internationalisation. Projects are underway for Mastihashop, an innovative food, cosmetics and parapharmaceuticals firm based on Chios gum mastic products (mastiha), as well as for Milkplan, an innovative dairy equipment manufacturer.

Regional Portfolio Manager for Brookstreet Equity Partners, a London-based private equity firm active in tech and innovation investments. Brookstreet recently announced its first investment in Greece, in the nanotechnology firm Nanophos.

Non-Executive Director of Redfin Capital, an asset management firm

Evaluator for the European Union’s Horizon 2020 SME Instrument.