Afianza Legal integrates M&P Ledesma Abogados
Afianza Legal has integrated M&P Ledesma Abogados, a firm specialising in banking and financial law in Spain, to create a national legal platform focused on advising investment funds, financial institutions, and servicers.
M&P Ledesma Abogados, founded by Pablo Ledesma, brings a team of 167 professionals and reported revenues of 9 million euros in 2025. The firm has built its reputation in legal services for credit institutions, investment funds, and servicers, with experience in legal restructurings, mass asset recovery through judicial and extrajudicial channels, and the comprehensive management of NPL portfolios, as well as Real Estate Owned (REO) assets. Its activity spans onboarding and portfolio preparation through to recalculation, management, and effective recovery, states Afianza.
Strategic context
The integration is part of Afianza Legal’s growth plan, states the law firm. The division reported revenues of 21.2 million euros in 2025, representing a 73% increase year-on-year, and has surpassed 220 professionals. With the addition of M&P Ledesma, the combined headcount grows substantially, reinforcing Afianza Legal’s presence in the banking sector.
This transaction follows other recent corporate moves by Afianza Legal, including the integration of ARS Privilegium, a firm specialising in Industrial and Intellectual Property, and the hire of Miguel Ángel Araque Salmerón as Tax partner.
The parties describe this integration as the first step of a broader project, with further acquisitions planned under the new combined structure to build a comprehensive offering for investment funds, financial institutions, and servicers.
Pablo Ledesma, managing partner of M&P Ledesma Abogados, described the rationale: the alliance allows the firm to offer clients a legal platform with national reach, while preserving the team, identity, and technical quality that defined M&P Ledesma, now backed by the financial resources and technological investment capacity of Afianza.
Víctor Torrico, general director of Afianza, noted that the integration brings an highly specialised practice and an extraordinary team, with the aim of building a reference proposition in banking, financial, and asset recovery law.
