EY Abogados advises Squirrel on ad firm deal
EY Abogados has advised Squirrel Media on the acquisition of a majority stake in a Spanish company specialising in digital advertising planning and management services, alongside the granting of a call option over the remaining share capital.
The target company operates within the digital and audiovisual ecosystem, providing planning and management services for digital advertising. The transaction also includes a call option mechanism over the remaining capital, giving Squirrel Media a clear path to full ownership.
The deal forms part of Squirrel Media’s growth strategy in the advertising and media services space. The acquisition is expected to strengthen the group’s operational capabilities and generate potential synergies across its various business areas, particularly within its Media division, consolidating its position in high-value segments of the digital ecosystem, states EY.
Advisory Team
EY Abogados’ Corporate M&A team led the transaction. The advisory was headed by Jaime Aguilar, partner of Corporate M&A, supported by Mayo Torres, manager; Jaime Cabanes, senior; Patricia Fesser, lawyer; and Jorge Auriol, Intern, all from the same department.
