Private equity in Spain

A&O Shearman

Leveraging its broad international footprint, which ‘allows them to work seamlessly on multijurisdictional transactions’, A&O Shearman continues to advise a diverse client base of high-profile private equity houses and financial institutions on high-value transactions. The team is recognised for its expertise across a wide range of sectors, including technology, education, and infrastructure. Practice head Iñigo del Val advises a varied client roster spanning listed and unlisted companies as well as international private equity houses. Bosco de Checa is well regarded for his work on transactions in the transport, infrastructure, and technology sectors, while Pablo Méndez is particularly active in TMT and energy-related deals. Ignacio Hornedo stands out for his strong track record in private capital transactions in the energy and infrastructure spaces.

Praxisleiter:

Iñigo del Val


Weitere Kernanwälte:

Ignacio Hornedo; Bosco de Checa; Pablo Méndez; Reka Palla


Referenzen

‘A key strength is their international coverage, which allows them to work seamlessly on multijurisdictional transactions while maintaining a consistent standard of quality across all offices. Compared to other firms, their cross-border coordination and close ties with tax, regulatory, and finance teams provide a significant advantage.’

‘The firm’s lawyers stand out for their combination of technical excellence, availability, and practical approach. They typically anticipate risks and propose creative solutions that facilitate closing deals, which sets them apart from other, more rigid teams.‘

‚What stands out most is their proactivity and personal touch: they genuinely engage with the client and the transaction, conveying trust and confidence. Unlike competitors who sometimes prioritise mass production, this team focuses on a more personalised approach.‘

Kernmandanten

EQT


Riverside


JB Capital


Intermediate Capital Group


Macquarie Capital


InfraVia Capital Partners


Cinven


CVC


Kartesia


Bridgepoint


Highlight-Mandate


  • Advised the infrastructure fund of EQT on the acquisition of a majority control stake in Proyectos Educativos Europa, S.L. owner of the Universidad Europea with universities in Spain (Madrid, Valencia and Canary Islands) and Portugal from Permira and certain managers.
  • Advised EQT on the sale of a majority stake in Idealista for €2.9bn and on its subsequent reinvestment in the company.

Clifford Chance

Noted for its ability to ‘design, negotiate, and close a transaction that works for all parties’, Clifford Chance’s private equity team receives frequent instructions from a broad range of global asset managers, private equity houses, and specialist infrastructure funds. The team is well versed in the complexities of high-value private equity transactions, acting on both the sell-side and for bidders. Department head Javier Amantegui has an established practice focused on leveraged buy-outs and infrastructure transactions. Samir Azzouzi advises an extensive client base of leading private equity firms on cross-border deals. Luis Alonso is adept in high-value transactions in the energy and sports sectors, while Patricia Puertas is particularly active in insurance, education, and transport-related deals.

Praxisleiter:

Javier Amantegui


Weitere Kernanwälte:

Samir Azzouzi; Luis Alonso; Ildefonso Alier; Javier Olabarri; Pablo Hernández; Patricia Puertas; Javier Montañés


Referenzen

‘Great commercial mindset. Can distinguish between legal details and what’s important for the deal. Brings in experts where needed.’

‘Javier Amentagui is a very experienced partner. He knows what his client needs but also adds value with his own ideas/solutions.’

‘Their strengths are their commitment to operations and their involvement in both legal documentation and dynamics and negotiations.’

Kernmandanten

A22 Sports Management


Ardian


Arjun Infrastructure Partners


Asterion Industrial Partners


Aberdeen


Corporación Financiera Alba


EQT


IGNIS


Ithaka Partners


Jacobs Holdings


Key Capital Partners


Sev.en Global Investments


Suma Capital


A22 Sports Management


Ardian


Arjun Infrastructure Partners


Asterion Industrial Partners


Aberdeen


Corporación Financiera Alba


EQT


IGNIS


Ithaka Partners


Jacobs Holdings


Key Capital Partners


Sev.en Global Investments


Suma Capital


Highlight-Mandate


  • Advised Ardian, a world-leading private investment house, on its agreement to acquire a combined stake of 37.62% in Heathrow Airport in London, alongside The Public Investment Fund of Saudi Arabia (PIF), from Ferrovial and certain other shareholders in Heathrow.
  • Acted as legal lead adviser of idealista and its shareholders, EQT, Apax and Oakley and the founder-led management team on the sale of a majority stake in idealista to Cinven for an enterprise value of €2.9bn.
  • Advised the management team of Universidad Europea on the sale of a majority stake in Universidad Europea by Permira to EQT.

Linklaters

Boasting a broad private equity practice capable of handling a wide range of high-value transactions in both domestic and international contexts, Linklaters is well placed to advise on mandates across the energy, healthcare, and education sectors. The team’s broad capabilities see it regularly instructed by an array of high-profile private equity houses. The group is led by Víctor Manchado, who advises a wide range of clients on the establishment, acquisition, and restructuring of private equity funds. Lara Hemzaoui’s practice focuses on advising infrastructure funds, while Carmen Burgos brings together expertise in PE deals, M&A and joint ventures. Esteban Arza possesses extensive experience advising international private equity houses on landmark transactions, while Elena Rodríguez is active in local and cross-border PE deals in the telecoms and energy sectors.

Praxisleiter:

Víctor Manchado


Weitere Kernanwälte:

Lara Hemzaoui; Carmen Burgos; Esteban Arza; Sebastián Albella; José María López; Elena Rodríguez


Referenzen

‘They were very skilled at structuring commercial points agreed with the parties within a legal framework in a clear and efficient manner.’

‘They bring creative business solutions to long negotiations.’

Highlight-Mandate


Uría Menéndez

Uría Menéndez offers a robust private equity practice capable of advising on the full spectrum of mandates, from high-value transactions to fund formation, across the retail, manufacturing, and telecoms sectors. The practice acts for a diverse roster of high-profile private equity houses on both domestic and cross-border matters. It is jointly led by Manuel Echenique, a key contact for both listed corporations and private equity firms, and Francisco San Miguel, who is active in transactions in the retail and automotive industries. Christian Hoedl has accumulated significant experience advising on public-to-private transactions, while Guillermo del Río has recently advised on high-profile deals in the energy, telecoms, and technology sectors.

Praxisleiter:

Manuel Echenique; Francisco San Miguel


Weitere Kernanwälte:

Christian Hoedl; Guillermo del Río; Antonio Sánchez Cerbán; Alex Bircham


Referenzen

‘Uría has many excellent qualities, which put it among the top law firms in Spain. Furthermore, from the team I’ve worked with, I would highlight their ability to take a business-oriented approach and resolve difficult situations to successfully close deals.’

‘I believe the team formed by Manuel Echenique and Guillermo del Río is characterised by its ability to resolve difficult situations under pressure. Furthermore, they do so with a very positive attitude, which helps maintain a good working environment. They are also able to convey this positive feeling to their counterparts, ensuring the deal goes through.’

‘Extensive knowledge of the sector and legal technique. Reputation of the lawyers and professionalism.’

Kernmandanten

KKR


Trilantic Capital Partners


Bridgepoint


CVC


Aermont Capital


Brookfield


Providence Equity Partners


Asterion Industrial Infra Fund II, FCR


King Street


Charterhouse Capital Partners


Magnum Capital Industrial Partners


GPF Capital


Vitruvian Partners


Nazca Capital


IK Partners


MCH Private Equity


H.I.G. Capital


Highlight-Mandate


  • Advised CVC and PAI Partners on the sale of their 67.91% stake in Tendam (€1.5bn).
  • Advised Aermont Capital on the acquisition of 100% of Nabiax’s share capital from Asterion Industrial Partners and Telefónica (€1bn).
  • Advised Brookfield Global Renewable Energy Advisor Limited on the landmark €1.4bn sale of Terp Spanish Holdco – the sole owner of Saeta Yield – to Masda.

Cuatrecasas

Cuatrecasas is well placed to advise across the full lifecycle of a private equity transaction, from financing structures and corporate matters to regulatory and tax advice. The multidisciplinary team advises on high-profile deals across a wide range of sectors, including technology, pharmaceuticals, and agriculture. Leadership is shared between Alejandro Payá, who regularly advises on M&a and PE deals in the infrastructure and energy sectors, and Javier Martí-Fluxá, noted for his strong track record in large cross-border transactions involving international private equity funds. Javier Villasante possesses extensive experience in both the buy- and sell-side mandates, while Francisco J. Martínez Maroto has recently advised on PE matters in the education and infrastructure spaces. Francisco Iso joined from Pérez-Llorca in January 2026, while Javier Hermosilla, a key contact for energy, infrastructure and PE funds, joined from Clifford Chance in December 2025.

Praxisleiter:

Alejandro Payá; Javier Martí-Fluxá


Weitere Kernanwälte:

Javier Villasante; Francisco J. Martínez Maroto; Marco Antonio Sanz; Francisco Iso; Javier Hermosilla


Kernmandanten

Bain Capital


Platinum Equity


Anacap Financial Partners


KKR


CVC Capital Partners


KPS Capital Partners


Tresmares Private Equity


Towerbrook Capital Partners


Accel-KKR


Alantra


Portobello Capital


The Carlyle Group


Capvest Partners


Stirling Square Capital Partners


Archimed


Miura Partners


Axon Partners


American Industrial Partners


Highlight-Mandate


  • Advising KPS Capital Partners on selling Eviosys, the Switzerland based supplier of metal packaging, which includes the assets of the former Mivisa, the Spanish manufacturer of metal packaging containers for the food industry, mainly fish and vegetable canners, to Sonoco Products.
  • Advising the US-based private equity firm, TPG Global, on the Spanish side to acquire Aareon, the Germany based consultancy firm and IT services provider focused on the real estate sector, from Aareal Bank and Advent International.
  • Advising American Industrial Partners on acquiring AGCO Grain and Protein business in Spain as part of its global acquisition.

Garrigues

Garrigues advises a broad roster of high-profile private equity funds on both domestic and cross-border matters and is frequently instructed on a wide range of private equity deals and structures, including LBOs, carve-outs, and minority acquisitions. The team is led by José Manuel Martín, who advises on a steady flow of large transactions for both domestic and international private equity funds. María Fernández-Picazo excels in private equity, leveraged financing and M&A. Industrial transactions form a core focus of Ildefonso Polo’s practice, while Beatriz Gimeno is a key contact for transactions in the energy, food and beverage, and aviation sectors.

Praxisleiter:

José Manuel Martín


Weitere Kernanwälte:

María Fernández-Picazo; Ildefonso Polo; Jose Luis Ortín; Félix Ferreño; Laura Muñoz; Beatriz Gimeno


Referenzen

‘Outstanding work capacity with in-depth market knowledge, negotiation skills, and flexibility in tackling any project.’

‚They are very customer-focused, with outstanding professional training, and an excellent level of customer service and accessibility.’

‚They are distinguished by their high level of commitment and availability, professionalism, proactivity, and expertise in the field.’

Kernmandanten

Advent International


Alantra Private Equity


Apax Partners


Apheon Capital (formerly, Ergon Capital)


Arcano Partners


Ares Management


Artá Capital


Asset Management Umbrella Fund


Blackstone


Buenavista Equity Partners (formerly GED Iberian Private Equity)


Cerberus Capital Management


Corpfin Capital


CVC


Diana Capital


Everwood Capital


Growth Partners Capital


H.I.G. Capital


Hyperion Fund


ICG


Inveready Capital


Highlight-Mandate


  • Advised Advent International on the sale of Donte Group to Ontario Teachers.
  • Advised MCH Private Equity and Ardian on the sale of Grupo Palacios to JB Capital.
  • Advised Magnum Capital on the sale of an 80% stake in Metrodora Education.

Gómez-Acebo & Pombo

Gómez-Acebo & Pombo houses a team of lawyers praised for their ability to propose ‘flexible and innovative solutions’ to a varied client base of private equity funds, alternative investment vehicles, and special opportunities funds. The team is well positioned to handle high-value transactions in a wide range of sectors, including infrastructure, healthcare, and manufacturing. Álvaro Mateo leads the team alongside Iñigo Erláiz, who is active in insurance and agri-food transactions. Pablo Fernández Cortijo acts for an array of high-profile private equity houses and financial institutions in M&A, PE, energy and infrastructure deals, while Jorge Martín Sainz possesses extensive experience in leveraged buyouts and infrastructure transactions.

Praxisleiter:

Álvaro Mateo; Íñigo Erláiz


Weitere Kernanwälte:

Pablo Fernández Cortijo; Jorge Martín Sainz; Andrés Castro; Clara Rivero


Referenzen

‘Gómez-Acebo & Pombo is an exceptional firm. Its partners and lawyers know the sector, have extensive experience, and are able to understand clients‘ needs in order to provide high-value advice, proposing flexible and innovative solutions that are precisely what companies seek.’

‘I would single out Álvaro Mateo, Andrés Castro, and Clara Rivero. All three are brilliant from a technical standpoint, but what truly sets them apart is their empathy, flexibility, and ability to understand our real problems. They help us find the most appropriate solutions and are able to warn us of risks we might not have identified, helping us anticipate and protect ourselves properly.‘

‘The team possesses a high level of knowledge across various areas and knows how to integrate it into business practice exceptionally well. They integrate themselves as an extension of the client, ensuring that even during the most complex moments of negotiations, there is no weakness in their position.‘

Kernmandanten

PAI Partners


Kartesia


Nabiax


Solaer


GTO Partners


VGO


Corporación Financiera Alba


Qualitas Energy


Arcano


Impax Asset Management


Highlight-Mandate


  • Advising Nabiax and its Management Team on its €1bn sale to Aermont.
  • Advising Samy Alliance on the €230m sale of a majority stake to Bridgepoint Capital.
  • Advised PAI Partners on the acquisition of Nuzoa, a leading distributor of animal health products and services in Spain and Portugal, from Abac Capital.

Latham & Watkins LLP

Latham & Watkins LLP maintains a strong private equity practice, regularly instructed by leading investment funds and private equity houses on transactions across the manufacturing, real estate, and technology sectors. The team advises on both domestic and cross-border deals, covering the full private equity lifecycle, from cross-border carve-outs to tax-efficient investment vehicles. Practice head Ignacio Pallarés is active in high-end transactions spanning Europe, Latin America, and North America. With extensive experience in both private and public M&A, Alejandro Ortiz advises clients across the energy, retail, and infrastructure sectors, while Ignacio Gómez-Sancha brings expertise acting for investors, investment banks, PE funds and public companies.

Praxisleiter:

Ignacio Pallarés


Weitere Kernanwälte:

Alejandro Ortiz; Ignacio Gómez-Sancha; José Antonio Sánchez Dafos; Carmen Esteban; Ori Assa


Kernmandanten

Mubadala Capital


Three Hills Capital Partners


Boreal Capital Gestión


Apollo Global Management


Platinum Equity


CVC


The Carlyle Group


Partners Group


KKR


Cerberus Capital Management


Brookfield Asset Management


Bain Capital Credit


Archimed Group


Permira


One Rock Capital


Activum SG Iberia


TA Associates


Seaya Ventures


Blackbrook Capital


Oaktree


Highlight-Mandate


  • Advised Mubadala Capital on the acquisition of a majority stake in Babel, the Spain-based IT consulting firm.
  • Advised Ambienta on the acquisition of Agronova Biotech to Magnum Capital Partners.
  • Advised Three Hills Capital Partners on the indirect equity and debt investment in Twentyfour Seven Group.

Pérez-Llorca

Noted for its ‘ability to close deals quickly’, Pérez-Llorca acts for a roster of high-profile private equity houses across the investment process, including the pre-investment, post-investment, and divestment phases. The team has amassed considerable experience working for funds on all types of private equity mandates, including M&A, LBOs, and public-to-private transactions. Pablo González Mosqueira leads the team and is regularly tasked by infrastructure and healthcare funds. Carmen Reyna is a go-to for tech-related transactions. Francisco Iso left the firm in December 2025.

Praxisleiter:

Pablo González Mosqueira


Weitere Kernanwälte:

Carmen Reyna; Julio Lujambio; Ignacio Salas


Referenzen

‘Peréz-Llorca’s team is one of the best in the industry, a fact widely acknowledged. They are highly technical yet commercially savvy, and ability to close deals quickly while maintaining meticulous attention to detail.’

‘Ignacio Salas and Pablo González Mosqueira are among the best lawyers I have ever worked with. Highly professional, they are practical in solving problems, understand our requests immediately, and always try to offer solutions, even in complex cases. It’s clear they are on another level.’

‚I used this law firm on two consecutive transactions as I thoroughly enjoyed working with Pablo and the team. Good communication between the tax, deal, finance, and competition law teams.‘

Kernmandanten

Liberty Media


CVC Capital Partners


Fremman Capital


ProA Capital


Nazca


PAI Partners


Tikehau Capital


Sherpa Capital


Farallon


Fortress Investment Group


Highlight-Mandate


  • Advised Liberty Media Corporation, in co-ordination with O’Melveny & Myers LLP, on the legal due diligence process of Dorna Sports and its Spanish subsidiaries.
  • Advised Tikehau Capital on the acquisition of a majority stake in Juan Navarro García.
  • Advising Rioja Acquisition (CVC) in relation to the public tender offer launched by Naturgy Energy Group for a maximum of 10% of its share capital, with the purpose of increasing its free float.

Addleshaw Goddard

With particular expertise in fund structuring and formation, Addleshaw Goddard‘s private equity practice is also well placed to advise on fundraising, equity investments and disposals. The team is trusted by a wide range of private equity, venture, energy and infrastructure, real estate, and secondary funds. Practice head Isabel Rodríguez maintains a strong reputation in the market for her expertise in structuring and establishing investment funds. María de Orueta has amassed considerable experience in the structuring and establishment of investment funds and investment management companies, which are also key areas of activity for Enrique Torné.

Praxisleiter:

Isabel Rodríguez


Weitere Kernanwälte:

María de Orueta; Enrique Torné; Gonzalo Lozano


Referenzen

‘The experience of Addleshaw Goddard’s private equity team is unmatched.‘

‚They are able to quickly address complex issues, providing immediate answers, even if further in-depth work is required later.’

‘Isabel Rodríguez is able to synthesise a regulatory or tax challenge in a very short time, helping the client to focus on the solution.’

Kernmandanten

Alantra


Asterion Industrial Partners


Q-Energy


Nexxus Iberia


Qualitas Equity Funds


Seaya Ventures


Buenavista (formerly GED Capital)


Omega Gestión


Miura Partners


Trea Asset Management


Axis Participaciones Empresariales


Mutua Madrileña


Creand Wealth Management


COFIDES


MCH Private Equity


Intermoney Gestión


JB Capital


Tresmares Capital


PAI Partners


Henko Partners


Highlight-Mandate


  • Advised Qualitas Equity Funds, S.G.E.I.C., S.A. on the launch of its sixth fund of funds platform (Qualitas Mutual Private Equity Program VI- comprising five parallel vehicles) which has a target size of up to €250m.
  • Advised Serena Industrial Partners on the structuring and first close of the fund Serena Infra II, SCR.
  • Advised Asesores y Gestores Financieros (A&G) on the structuring of several Spanish private equity funds.

Ashurst LLP

Receiving frequent instructions from an array of institutional investors, investment banks and investment funds, Ashurst LLP houses a multidisciplinary team capable of advising on investment structures, LBOs, distressed deals and exits. The team is led by Jorge Vázquez, who routinely advises investment funds on acquisitions, distressed assets, and restructuring mandates. José Christian Bertram assists funds in debt restructurings and NPL portfolio deals, while Pedro Ester handles both M&A and PE transactions.

Praxisleiter:

Jorge Vázquez


Weitere Kernanwälte:

Jose Christian Bertram; Pedro Ester; Javier Hernández Galante


Referenzen

‘The Ashurst LLP team in Madrid has demonstrated a great capacity for work and commitment, adapting satisfactorily to our needs at all times.’

‘I would highlight their empathy in understanding and translating the client’s needs and preferences into the document. They are technically excellent and always available to offer the best possible advice.’

Kernmandanten

Artá Capital


Aquila Group


Cerberus Capital Management


Shareholders of MAPE Asesores


Oaktree


Macquarie Investment Management Europe Limited


Citibank


Pemberton


Agilitas Private Equity


Jefferies International Limited


Banco Santander


KROLL AGENCY SERVICES LIMITED


Inspired


QIDF Aggregator LuxCo Sa.r.l.


NUVIBEV SGPS, S.A


Highlight-Mandate


  • Advised Artá Capital on the acquisition of 75% of Grupo Onix, a leading glass mosaic manufacturer with extensive international footprint, including the financing of the transaction.
  • Advised Aquila Group on the conclusion of a strategic partnership with Bain Capital and the creation of a leading European data center platform, including the sale of an 80% stake in AQ Compute, Aquila Group’s data center subsidiary, to Bain Capital.
  • Advised Pemberton on the financing of the acquisition of Asociación de Industrias Alicantinas del Helado y Derivados, S.A. (Grupo Alacant) by Global Icecream Investments S.à rl, an independently managed investment company of the investment firm Investindustrial.

Baker McKenzie

Baker McKenzie maintains a robust private equity practice advising the full spectrum of funds across the retail, energy, and real estate sectors. Its work spans the entire investment lifecycle, from acquisition to divestment. The practice is jointly led by Javier Menor, who is active across the pharmaceutical, technology, and food and beverage industries, and cross-border transaction specialist Luis Casals. Cristina Rios is a key adviser for a wide range of transactional mandates, including acquisitions and LBOs, and is regularly instructed by high-profile private equity houses.

Praxisleiter:

Javier Menor; Luis Casals


Weitere Kernanwälte:

Cristina Rios; Jorge Adell; Juanjo Corral; Luis Fuster


Referenzen

‘What truly sets Baker apart from other firms is its deep understanding of the business and the practicality of its advice, always offering practical solutions and viable alternatives. The team’s availability and responsiveness are admirable, and communication has always been very smooth, allowing us to work with great ease. In short, Baker’s work has been excellent and we would definitely work with them again.‘

‘Luis Fuster demonstrated a thorough understanding of his area and the business, negotiating on our behalf as if he were a member of the team, with the ability to discern which points were relevant and which were not.‘

‚Compared to other firms, I would say that B&M’s quality is superior.‘

Kernmandanten

Abac Capital


AdPone, S.L.


Advent International Corporation


Alantra


Asabys


Avanza Food Franchising, S.A.U.


Bain Capital


Boscalt


C2 Private Capital, S.L.


CIRF


CLIMATETRADE, S.L.


Coinbase


Colony Capital


Corus (Careventures PE Fund)


Exponential Renewables, S.L.


Finalbion, S.L.U.


Firmum


G+E Getec Holding GmbH


Global X


Healthcare Activos Yield SOCIMI, S.A.


Highlight-Mandate


  • Advised the shareholders of Tous, a renowned Spanish jewellery, accessories, and fashion brand, on a deal consisting of the acquisition of the 22.5% stake in the company owned by a global investor, Partners Group, which exits the company’s shareholding nine years after its entry.
  • Advised on the sale from the Canadian fund Brookfield of 100% of the renewable platform Saeta Yield, which operates in the wind market in Spain and Portugal, to Masdar, the renewable energy company from the United Arab Emirates (UAE).
  • Advised GED V España FCR, GED Capital Newbury Holdings Sarl, GED España SCR SA, Telmo Propco, SL, Eugenio Real Martínez, Jose Óscar Martínez Amaro and Francisco Real Martinez, on the transfer of 100% of their shares in Roneta Investments, SL.

DLA Piper

Routinely advising private equity investors, hedge funds, and institutional investors, DLA Piper offers private equity capabilities spanning fund structuring, acquisitions, and divestments. Recent representative transactions cover sectors including data centres, energy, and defence. Practice head Jose Maria Gil-Robles advises on structuring investments and divestments for both domestic and international clients. Yoko Takagi, a key contact for private equity houses and infrastructure funds, joined from White & Case LLP in September 2024.

Praxisleiter:

José María Gil-Robles


Weitere Kernanwälte:

Yoko Takagi; Enrique Chamorro; Almudena Comin


Referenzen

‘DLA’s private equity team has extensive experience and expertise. They have people who are very adept at handling these types of transactions and who negotiate them very effectively.’

‘José María Gil-Robles has a very broad vision of the business, which allows him to anticipate any future problems within the framework of M&A negotiations.’

‘This is a firm with a comprehensive practice that covers all client needs. They are very approachable, even integrating themselves as if they were an extension of your organisation in transactions, providing support to all areas of the company. Completely accessible and proactive, they anticipate and advise when necessary.‘

Kernmandanten

Suma Capital


Avenue Capital


Cerberus and Intrum


Buenavista Equity Partners


Bullhound Capital


Victory Hill


Team.blue


Highlight-Mandate


  • Advising Buenavista Equity Partners on its co-investment with Columbus Venture Partners on the €48m Series A4 and A5 funding round of Quibim; and on the acquisition of Chrestos Concept GmbH & Co. KG.
  • Advising Ziacom Group, a Spanish company owned by the private equity fund Suma Capital and specializing in dental solutions, on the acquisition of Lusobionic, a leading Portuguese company in the distribution of dental implants and biomaterials.
  • Advising Bullhound Capital on an 11,64% investment in the company Sesame Labs, S.L. through a capital increase; and the investment (€20m as part of a €189m funding round) in Multiverse Computing SL.

Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP houses a team of lawyers capable of acting on a wide range of private equity transactions across the TMT, healthcare, and education sectors, among others. The team is regularly sought out by a host of both domestic and international investment funds and private equity funds. Practice head Alberto Frasquet has amassed considerable experience advising private equity houses, investment banks and corporations on public and private M&A. Nicolás Martín has recently advised on energy and manufacturing-related deals.

Praxisleiter:

Alberto Frasquet


Weitere Kernanwälte:

Nicolás Martín; Marcos Fernández-Rico; Armando García-Mendoza; Lucía Garralda; Paula Pérez-Ardá


Referenzen

‘Comprehensive deal management through a single coordination team within the firm.‘

‘Alberto Frasquet was personally involved in the deal. We valued his contribution of experience and seniority.’

‘Good cross-border capabilities.’

Kernmandanten

Samy Alliance


Portobello Capital


Igneo Infrastructure Partners


Keensight Capital


ABE Capital


Península Capital


H.I.G. Infrastructure Partners


Bestinver


Mangun Industrial Partners


Kartesia Management


Highlight-Mandate


  • Advised H.I.G. Capital on the disposal of Estacionamientos y Servicios (EYSA), through the sale of ESG Movilidad, a company within the infrastructure sector focused on the management of parking lots and a leading provider of smart mobility solutions.
  • Advised Igneo Infrastructure Partners on the acquisition of ENSO group, the main integrated bioenergy platform in Spain, specialised in the engineering, development, construction, operation and supply of thermal power plants and biomass cogeneration, from Tikehau Capital.
  • Advised ABE Capital on the first divestment of its first fund, which consisted of the sale of 100% of the share capital of Fanox Electronic to Wabte.

Watson Farley & Williams LLP

Singled out for its strong track record in energy and infrastructure-related transactions, Watson Farley & Williams LLP is regularly instructed by a diverse roster of private equity sponsors, infrastructure funds, and institutional investors. The practice covers the full investment lifecycle, from structuring and refinancing to exits. María Pilar García Guijarro leads the team and is a key adviser on energy-related investments. Ana Lorenzo advises on both investments and divestments, while Javier Ester is particularly active in deals involving the renewables sector.

Praxisleiter:

María Pilar García Guijarro


Weitere Kernanwälte:

Javier Ester; Ana Lorenzo; Javier Ruffin


Referenzen

‘What truly sets Watson Farley & Williams apart in the Spanish private equity sector is its ability to combine top-tier technical sophistication with sector-specific knowledge rarely found in other firms. They not only advise on complex and pioneering transactions—in sectors such as energy, infrastructure, and transport—but they do so with a strategic vision that adds value from the outset.‘

‚What we appreciate most as clients is that they are not just a transactional firm. They are there when you need them, with an accessible, approachable, and decisive attitude. You can count on them to structure an international transaction or to resolve a specific issue requiring sound judgment and speed. This combination of technical excellence and human availability is hard to find.‘

‚The team has evolved remarkably in recent years. They have strengthened their leadership with strategic profiles, embraced interdisciplinary collaboration, and incorporated technology that streamlines processes without sacrificing rigour. A genuine commitment to diversity and sustainability is also evident, reflected not only in their operations but also in their internal culture.‘

Kernmandanten

CIP


OX2 (EQT’s affiliate)


NextEnergy


Unibail-Rodamco-Westfield (URW)


Cerberus Capital Management


Afcon


Zelestra


Northleaf Capital Partners


Qualitas Energy


Stonepeak


Highlight-Mandate


White & Case LLP

White & Case LLP maintains a team capable of providing end-to-end support across the full private equity investment lifecycle, including investment structuring, post-closing implementation, and exit planning. The practice is regularly instructed by private equity funds for its expertise across the TMT, energy, and infrastructure sectors. Leadership is shared between Javier Monzón, whose practice focuses on cross-border private equity acquisitions, and Pablo García-Nieto, whose work spans instructions from a wide array of high-profile private equity houses and infrastructure funds. Ignacio Paz regularly handles both acquisitions and disposals in domestic and cross-border contexts.

Praxisleiter:

Javier Monzón; Pablo García-Nieto


Weitere Kernanwälte:

Ignacio Paz; Álvaro Manzanos; Lucía Quiroga


Referenzen

‘We value their dedication, problem-solving skills, and customer focus.’

‚Their extensive knowledge of different areas sets the team apart.‘

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Dentons

With extensive expertise in fund formation, investment structuring, buyouts and exits, Dentons‘ private equity practice is well-placed to act for a wide range of private equity funds across a wide range of sectors, including real estate and energy. The practice is led by Jesús Durán, who is particularly active in the infrastructure, communications, and retail sectors, and has advised on buy-outs, divestment strategies, and funds structuring. Israel De Diego is sought out by both domestic and global private equity funds for his experience in M&A.

Praxisleiter:

Jesús Durán


Weitere Kernanwälte:

Israel de Diego; Jorge Carmona; Vicente Paramio


Kernmandanten

Suma Capital


Frasers Group


Generalli Financial Holdings


Orbyn IBU


Kajima Properties


Medicinal Gardens, S.L.


Regenerate Asset Management


Magnum Industrial Partner


European Innovation Council Fund (EIC Fund)


ECBF


Highlight-Mandate


  • Advised Suma Capital on the exit process from Alucan Entec, one of its portfolio companies, in the context of the sale of 100% of the share capital of the Spanish company Alucan Entec, S.A. and, indirectly, also the sale of the 100% of the share capital of its Belgium subsidiary Alucan Benelux.
  • Advised the UK-based Frasers Group on the sale of its GAME business in Spain and Portugal to GuideBridge, a Spanish investment vehicle backed by Texas Pacific Group (TPG), a major US-based private equity firm.
  • Advised the shareholders and management team of Baïa Food, a Spanish company focused on the formulation and commercialisation of natural-origin probiotics and supplements, on the sale of a majority stake to Seaya.

Eversheds Sutherland

Eversheds Sutherland's private equity practice is regularly instructed on a wide range of transactions across the transport, biotech, and real estate sectors. Leadership is shared between Ignacio Balañá, who has significant experience guiding private equity and infrastructure funds through complex transactions, and Sixto De la Calle, who specialises in the sale and acquisition of industrial companies and real estate assets.

Praxisleiter:

Ignacio Balañá; Sixto de la Calle


Weitere Kernanwälte:

María Ramalle; Diego Muro


Referenzen

‘Premium quality service showing adaptability and a premium quality across all sectors. Highly creative in identifying opportunities and solutions.’

‘Ignacio Balañá possesses experience, common sense, and sensitivity to the situation and needs of clients. He is creative and eager to find opportunities.’

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EY Abogados

EY Abogados' private equity practice is experienced in handling both domestic and cross-jurisdictional transactions across a wide range of sectors, including healthcare, technology, and retail. Rubén Ferrer Ferrer leads the group and is active on PE deals in the education, energy, and media spaces. Susana Gómez Badiola is regularly instructed by private equity houses on structuring and negotiating acquisitions.

Praxisleiter:

Rubén Ferrer Ferrer


Weitere Kernanwälte:

Susana Gómez Badiola; Simeón García-Nieto; Araceli Sáenz de Navarrete


Referenzen

‘The EY Abogados team is absolutely exceptional. It’s a modern firm, always bringing innovations to its clients, both technologically and technically. We are delighted to work with them.‘

‘Susana Gómez Badiola is absolutely exceptional. Technically brilliant, a fantastic negotiator, highly creative in structuring transactions, flexible, and a tireless worker.‘

‘The team adapted to the needs of the project while maintaining the highest level of professionalism. The quality was exceptional within a very tight timeframe. It was led by a professional who demonstrated the sensitivity to understand all parties involved.’

Kernmandanten

Alantra


Permira


Blackstone


EQT


GGTech Entertainment, S.L.


Batela 1991, S.L.


Growth Partners Capital


Abac Capital


PHI Asset Management Partners, S.G.E.I.C. S.A.


Igneo


Impact Partners, Inveready Private Equity and Generali Financial Holding


Pai Partners


Panakes Partners and Columbus Venture Partners


Swiss Life Asset Managers


Primo Space SGR SpA


Highlight-Mandate


  • Advised Alantra Partners on the acquisition of 20 independent dental laboratories in Spain executed in a record period of one year.
  • Involved in the sale of Adevinta’s Spanish business to EQT, a transaction including prominent marketplaces such as Milanuncios, Fotocasa, habitaclia, InfoJobs, coches.net and motos.net.
  • Advised Abac Capital, the only Spanish mid-market asset manager certified as a B Corp, on the acquisition of the Spanish company Recalvi Parts, S.L.

Hogan Lovells Spain

Noted for its ‘extensive experience in private equity’, Hogan Lovells Spain is regularly instructed by domestic and international private equity houses and alternative asset managers, including real estate and infrastructure funds. The team is well placed to advise on the entire investment life cycle, from fund formation to acquisition and exit. Graciela Llaneza leads the team and advises a host of Spanish and international private equity funds on high-profile deals. José Maria Balañá has an established practice guiding clients from the Middle East investing in Europe and North America.

Praxisleiter:

Graciela Llaneza


Weitere Kernanwälte:

José María Balañá; Enrique de Pablos; María Gutiérrez; Hugo Muñoz


Referenzen

‘This team has extensive experience in private equity. They stand out for their practical approach to the challenges you encounter in a deal. They always seek what’s best for your interests without jeopardising the transaction. Technically, they are very skilled, and the quality of their work is exceptional.’

‘The close relationship, the trust, and their constant willingness to invest in us when needed. They are flexible and adapt to the transaction.‘

‚The lawyers are excellent. They excel in both technical and commercial aspects. I feel very comfortable and well-advised working with them.’

Kernmandanten

Tikehau Capital


Alantra


Acon Investments


Pizzerias Carlos (portfolio company of Dea Capital)


Enso (portfolio company of Tikehau Capital)


The Engineered Stone Group


Naxicap Partners


Borromin Capital


Korelya Capital


RiverRock


Meridiam


Anteriad, LLC


Multiply Group


Chequers


Highlight-Mandate


  • Advised Tikehau Capital on the sale of its 100% stake in ENSO.
  • Advised Acon Investments on the sale of Contenur Group, one of the Europe’s leading manufacturers and services of containers for municipal waste collection and recycling, to the private equity fund Nexxus Capital.
  • Advised Acon Investments on the acquisition of Romar Global Care (formerly named Quimi Romar), a leading Spanish company in the production and marketing of drugstore, cleaning, perfumery and hygiene products, from GPF Capital.

Pinsent Masons LLP

Pinsent Masons LLP's private equity practice is regularly instructed by both domestic and international private equity houses, management teams and PE-backed companies. Practice head Antonio Sánchez Montero possesses extensive experience advising clients on acquisitions, disposals, and reorganisations, while Francisco Aldavero Bernalte regularly advises on transactions in the retail, telecoms, and mining industries.

Praxisleiter:

Antonio Sánchez Montero


Weitere Kernanwälte:

Francisco Aldavero Bernalte; Tatiana Fernández de Casadevante


Referenzen

‘A versatile and balanced team in terms of knowledge, gender, and specialisation, easy to deal with for both parties in a transaction.’

‘We highlight Francisco Aldavero for his experience, negotiation skills, problem-solving abilities, and handling of the other party.’

Kernmandanten

Management team of Donte Group


Nexxus Iberia


Grupo Alvinesa (Intermediate Capital Group – ICG)


Aldebarán Riesgo (Grupo Caser)


Mediterrania Capital Partners


Ardian


Lipotrue (Queka Real Partners)


Highlight-Mandate


  • Advised the Donte Group management team in connection with the sale of Donte Group—the largest dental group in Spain—by private equity firm Advent and the management team to Ontario Teachers‘ Pension Plan (OTPP).
  • Advised Nexxus Iberia, a leading player in the private equity sector, on the sale of a majority stake in the share capital of TwentyFour Seven Group and its group companies to Three Hills.
  • Advised the shareholders of Garaje de Ideas, a leading company in the creation of all kinds of digital products and services, on the sale of a majority stake to European Digital Group (EDG), backed by Montefiore and Latur Capital.

Squire Patton Boggs

The private equity team at Squire Patton Boggs advises a broad range of domestic and multinational clients across the healthcare, real estate, and infrastructure sectors. The team is well positioned to advise on cross-border private equity transactions spanning Europe and Latin America. Leading the practice, Teresa Zueco has extensive experience managing LBOs, MBOs, and distressed investments for a variety of private equity houses. Carlos Blanco is particularly active in transactions in the telecoms, energy, and technology sectors.

Praxisleiter:

Teresa Zueco


Weitere Kernanwälte:

Carlos Blanco; Pablo Garcia; Luis Gutiérrez


Referenzen

‘A technical and practical team, agile and collaborative, offering clear solutions for complex operations. They stand out for their close customer relationships and modern approach.’

‘A practical, results-oriented approach. The team is proactive, communicates clearly, and is capable of simplifying complex transactions, with partners like Pablo García leading key projects.’

Kernmandanten

EYSA


GP Capital Partners


General Mediterranean Holding Group, SPF (GMH SPF)


Administradora de Fondos de Inversión Popular (AFI Popular)


Sherwin-Williams


Fondo Cerrado de Desarrollo de Sociedades Popular


Hyperion Materials & Technologies (KKR)


GAEA Inversión


Capital D


Sherpa Capital


Highlight-Mandate


  • Advised EYSA on its €600m acquisition by Tikehau Capital from HIG Capital.
  • Advised General Mediterranean Holding Group, SPF (GMH SPF) on the €200m sale of the iconic Hotel Miguel Ángel in Madrid to Lopesan Hotel Group and investor Stoneweg Hospitality.
  • Advised Sherwin-Williams on the acquisition of 100% of the share capital of Shingels.