Afianza integrates Vicente Tovar Abogados

Afianza, the Spanish professional services firm offering integrated solutions for businesses, has acquired Granada-based law firm Vicente Tovar Abogados. With more than 20 years of experience, the firm now joins Afianza as part of its strategic plan to become a benchmark in the legal sector.

Led by Vicente Tovar, a former magistrate in several Andalusian courts, the firm is recognized for advising companies and individuals and is renowned for its handling of complex litigation and deep knowledge of the Andalusian business environment. The acquisition enhances Afianza’s expertise, particularly in procedural law and compliance, while further consolidating its regional prestige.

Tovar, who has nearly 20 years of experience as a magistrate, has also practiced law at two major firms and taught at the University of Granada, the Granada and Jaén Bar Associations, and the Judicial School of Barcelona. His team brings specialized expertise across multiple areas, including criminal law, compliance, civil, administrative, labor, commercial, tax, insolvency and restructuring, family, and international law.

This integration aligns with Afianza’s strategic expansion plan. In 2024, the firm doubled its revenue to €50 million, and it expects to surpass €70 million in 2025. Afianza also plans to grow its team to over 1,000 professionals and expand its network of offices to Bilbao, Vitoria, Granada, Valencia, Málaga, and Albacete, in addition to its current locations in Madrid, Ibiza, and Oviedo.

“Joining Afianza is a milestone for our firm, as it expands our capabilities and specialization, allowing us to offer our clients a broader portfolio of services. We are excited to strengthen our presence in Granada and Andalusia with a global and tailored approach,” said Vicente Tovar, Managing Partner of the firm.

Daniel Lara, Head of Afianza Legal, added: “These acquisitions reaffirm our commitment to a strategic growth model, building partnerships with firms that share our vision. I am delighted to reinforce the legal division with the expertise and talent of Vicente Tovar’s team.”

mercedes.galan@lcpublishinggroup.com

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