Garrigues tops the rankings in number of mergers and acquisitions in Spain in 2018
Garrigues tops the rankings in number of mergers and acquisitions (M&A) in Spain in 2018 in the two most important classifications: the business intelligence platforms Mergermarket and TTR.
According to TTR, the firm closed 126 deals in the year, and according to Mergermarket, 96, which also includes Portugal (the two platforms follow different criteria). The value of the M&A deals advised on by the firm was €54 billion.
In fact in 2018 Garrigues won the award for the leading M&A firm in Spain (Spain M&A Legal Adviser of the Year) presented by Mergermarket. One of the traits that sets the firm apart is its ability to close both a large number of deals—due to its extensive coverage of the Spanish market—and deals with a high economic value: the caliber of its domestic clients (83% of the companies listed on the Ibex 35 work with the firm) and its international clients enable it to be present in major deals.
In the private equity and venture capital category that TTR includes in its 2018 report, Garrigues holds the number one position in terms of value, with over 15 billion euros, and the number two position in number of deals, with a total of 49.