Garrigues is the leading advisory firm on all aspects of private equity. We have a team of dedicated private equity professionals with top-tier expertise and experience, supported by the firm’s other departments, offering a fast and effective multidisciplinary service. Our office network also enables us to combine expert insight with on-the-ground knowledge.

We are able to offer premium analysis and tailored advice to our clients, which include all industry players, in order to resolve the issues and complexities of each acquisition or investee. We have garnered the highest recognition from the sector and we participate year on year in the largest and most sophisticated deals.

Our services

Creation of private equity managers and fundraising

We advise on all tax and legal aspects of processes for the creation and authorization of private equity managers and the setup of all kinds of private equity firms and funds. We act on behalf of both management teams and investors, designing tax efficient structures to channel the management and performance fees (carried interest) of the managers and the position of national and foreign investors. We provide services to all types of funds (private equity, real estate, infrastructure, funds of funds, etc.) investing in Spain, Portugal or in any other market.

Seed capital and start-up transactions by venture capital firms

We advise funds, sponsors and executives on these types of investment and divestment, negotiating and documenting the typical ratchet provisions, preferential rights and employee stock option plans and other characteristic features of such transactions, such as exiting investments by disposal to industrial operators or IPOs on alternative markets.

LBOs and MBOs

We act on behalf of sellers, purchasing funds, managers and financing banks in all types of leveraged acquisitions. We perform due diligence reviews, prepare documentation on the structure, and draft and negotiate the transaction agreements. We are particularly active in acquisitions of listed companies with a view to their subsequent delisting, successive purchases in specific industries, secondary sales between funds, IPOs and sales to industrial operators. We also take part in processes for the acquisition and restructuring of distressed companies.