Pérez-Llorca and Cuatrecasas advise on LCM Partners’ acquisition of companies in Spain and Ireland
Pérez-Llorca and Cuatrecasas have been involved in the acquisition of several companies in Spain and Ireland under the management of the fund Oaktree Capital Management, by LCM Partners. The transaction includes, among others, the purchase of Redwood Holding Iberia and its four Spanish subsidiaries dedicated to the management of loans and foreclosed assets.
Pérez-Llorca advised LCM on transaction structure; (drafting and negotiating the sale and purchase agreement between LCM’s investment vehicles and the Oaktree Capital Management subsidiaries owning the target companies, among other parties; all regulatory documentation related to the Foreign Direct Investment process, which involved a complex assessment considering the particularities of the targets business, ultimately culminating in approval by the Spanish Council of Ministers.
The legal advisors also supervised all corporate and contractual documentation required to finalise the investment in compliance with Spanish law. Pérez-Llorca also acted as lead transactional counsel coordinating the advice being provided to LCM by Irish, Luxembourg and English firms.
Pérez-Llorca has advised corporate vehicles managed and/or advised by LCM Partner with a team led by partners Pedro Marques da Gama, Carlos Pérez Dávila, Pablo Figueroa and José Azqueta (on the picture from left to rifht), alongside lawyers Melchor Álvarez de Mon, Aurora Vázquez, Álvaro Amo, Marcos Mata, Ignacio de Benito, Jorge Vellido and Santiago Bertola.
Cuatrecasas has advised one of the adquired companies with a team formed by Ignacio Escrivá de Romaní, Iñigo Rubio, Flavia Terrés and Jordi Vergoni.