Private Equity: Venture Capital
Europe Guide 2024 : Spain
Band 3
Contact number
+34 91 514 5200Chambers Review
Garrigues draws from a strong bench of transactional experts who regularly act for private equity firms on LBOs, carve-outs, add-on acquisitions and sales. The department is well suited to handle transactions that draw on the knowledge and skills of lawyers based in smaller Spanish cities. The law firm provides wider services to private equity clients through its expertise in finance, restructuring, tax and disputes. The firm is also well placed to handle fund formation matters, including the structuring of alternative funds and regulatory issues. Garrigues also enjoys a strong presence in venture capital mandates, with a solid track record in equity deals carried out by several of the key venture capital firms investing in Spain.
Work Highlights
- Garrigues acted for ProA Capital on the sale of a majority stake in Amara Nzero to Cinven, in a deal worth EUR800 million.
Strengths
Provided by Chambers
"It is a strong team with a clear understanding of M&A dynamics in the Spanish market. It is very responsive and has a close direct relationship with clients."
"The team has shown impressive capabilities to deal with a complex situation."
"They provide extraordinary commitment and superior service levels. We see them as true partners in the transaction."
"It is a strong team with a clear understanding of M&A dynamics in the Spanish market. It is very responsive and has a close direct relationship with clients."
"The team has shown impressive capabilities to deal with a complex situation."
"They provide extraordinary commitment and superior service levels. We see them as true partners in the transaction."
Notable Practitioners
José Manuel Martín heads the firm's department in Madrid and continues to distinguish himself as a renowned practitioner with long-standing experience in the field of private equity. He acts for Spanish and international investment managers on the buy and sell sides of predominantly mid-cap transactions.
"He is a stellar lawyer with impeccable knowledge, very superior service levels and a commitment to customer projects."
Francisco Martínez Iglesias has extensive experience in fund formation matters, frequently acting on behalf of key clients investing as limited partners in Spanish funds. He also provides ongoing advice on regulatory aspects of funds.
Álvaro López-Jorrín is a well-known corporate practitioner with demonstrable experience in private equity-driven transactions and auction processes representing leading private equity firms.
"Álvaro's strength is his capacity to work, take on problems and try to resolve them. He is extremely complete."
Ildefonso Polo maintains a broad practice advising clients on the buy side of deals and on sales, and his recent work includes majority-stake acquisitions.
"He is technically fantastic."
José Luis Ortín represents clients in a range of private equity mandates, including large buyouts and acquisitions of minority stakes, being additionally able to handle bidding processes and financing aspects of private equity deals.
"He is good at translating law into commercial aspects. He can provide solutions related to clauses that PE firms would find out afterwards, and he prepares those elements in advance."
Ranked Lawyers at
Garrigues
Spain