
One of the preeminent law firms in Spain for corporate and M&A, Pérez-Llorca is regularly turned to by multinational companies across various sectors, including financial services, energy, and tech. The group offers a wide variety of services, ranging from public and private M&A to leveraged buyouts. Heading up the team is Javier Carvajal, who specialises in M&A, joint ventures, and takeover bids, with a particular focus on the energy and infrastructure, financial, and industrials sectors. He is supported by Pedro Pérez-Llorca — who holds extensive experience advising on high-profile takeovers, privatisations, and mergers — and Iván Delgado, an expert in multijurisdictional transactions. Pablo González Mosqueira is another key member of the practice, focusing on private equity and M&A deals, which are also core areas of activity for Julio Lujambio. The department also benefits from Carmen Reyna's aptitude in corporate transactions.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘The Pérez-Llorca team combines technical excellence with commercial acumen and agile execution under demanding deadlines. They protect our interests, have a deep understanding of the sector, and communicate clearly, anticipating any potential issues and managing the project in a highly structured way.’
- ‘We love working with them because of the sophistication and professionalism of their team, their experience and ability to analyse and resolve complex technical aspects, their commercial acumen when approaching negotiations, and their creativity in proposing imaginative solutions to the problems that arise.’
- ‘What makes Pérez-Llorca’s lawyers stand out is their combination of technical excellence and commercial mindset. Unlike many competitors, they not only master the legal framework but also understand the business drivers behind each transaction, which allows them to provide clear, pragmatic and actionable advice.’
- ‘Pablo González Mosqueira is a visionary strategist with an innate ability to lead and negotiate the most delicate aspects of any transaction or problem.’
- ‘Pérez-Llorca is undoubtedly unique and outstanding in the Spanish legal landscape. Its singularity lies in a masterful combination of profound technical specialisation, strategic vision, and impeccable work ethic. Its ability to handle large-scale and complex transactions with fluidity and control is rarely seen and places them in a league of their own.’
- ‘The “plus” factor that makes Pérez-Llorca's lawyers stand out is their combination of intelligence, dedication, and accessibility. They are not just legal advisors; they are true strategic partners. They differentiate themselves from their competitors through their extraordinary ability to break down complex problems into clear and practical solutions, always with the client's perspective in mind.’
- ‘The team's strength lies in its combination of highly skilled professionals, exceptional business acumen, and flawless execution within demanding deadlines. They prioritise what matters, propose concrete options, and drive the deal forward while protecting value. The partner's genuine involvement at critical junctures makes all the difference.’
- ‘The team stands out for its experience, availability, and focus on getting the transaction done with all the necessary legal approvals.’
Key clients
- CVC
- Blackstone
- Liberty Media Corporation
- Volotea
- Tikehau Capital
- Hotelbeds
Work highlights
Advised Blackstone Europe LLP on the acquisition of 80% of Hexagon Holdco S.à r.l’s shares from Burstone Lux 2, Burstone Luxembourg Investment Holdings, and Ed Trust INL Investments I Proprietary Limited.
Lawyers
Hall of Fame
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Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Javier Carvajal
Other key lawyers
Pedro Pérez-Llorca; Iván Delgado; Pablo González Mosqueira; Julio Lujambio; Carmen Reyna



