What the team is known for
Wide-ranging practice with an outstanding reputation for work both on traditional private equity transactions and on investments into a wider range of asset classes. Advises on the buy side of LBOs or acquisitions of sometimes high-value minority stakes in Spanish corporates. Advises funds and portfolio company managers on the sale of shareholdings to new investors. Draws on English and Spanish law finance capabilities both in Madrid and in London to advise on new leveraged deals or on the financial restructuring of existing portfolio companies. Earns praise for strong supporting tax structuring expertise. Has additional demonstrable experience in direct lending transactions and distressed asset or energy sector investments. Benefits from close collaboration with the public law team to advise on the regulatory aspects of transactions.
Clients appreciate that the firm has a "strong team across the board, meaning that with the same firm we can do financing, corporate and legal due diligence. It also has a very strong team that does tax structuring of transactions, and the lawyers have learned to work across the different groups very well." The same source adds: "We get top-quality advice in all of the workstreams."
"In just about any other jurisdiction in the world we need, Linklaters is there; having that scale and group of experts is valuable," says another interviewee, going on to note: "The lawyers have that sense of urgency that we are used to."
Advised The Carlyle Group on its acquisition of a 37% stake in Cepsa.
is a leading M&A lawyer with considerable experience in private equity transactions. He acts for major international or domestic fund managers on LBOs and on exits from their Spanish investments.
Clients describe Carmen Burgos Alcaide
as "knowledgeable, commercial and efficient."
She attracts attention for her ability to form strong relationships with key private equity firms and for her handling of transactions that require coordination with teams in multiple jurisdictions.
assists with mid-cap private equity or energy sector investments on behalf of international fund managers. Clients say that he is "hard-working and commercial; he knows which clauses to fight for and which to leave."
often handles energy sector M&A transactions for institutional investors. "Her technical knowledge is fantastic,"
states one source.
advises asset management companies on mid-cap private equity deals and on similar transactions involving real estate or energy assets. Sources highlight his "terrific drafting skills,"
saying: "He can translate what we are asking for into a contract and get it right first time."
He earns further praise for his ability to build relationships with target company managers.