Vaciero: 30 years and an integrated model for medium-sized businesses
From Oviedo to Madrid with an international outlook through Allinial Global: the firm’s founder talks to Iberian Lawyer about its evolution, services portfolio and growth priorities
by ilaria iaquinta
Thirty years after being founded in Oviedo with “a lawyer, a secretary, and six clients”, Vaciero celebrates its thirtieth anniversary with a team of 70 professionals (30 in Madrid and 40 in Oviedo), 15 partners, six heads of department, and a turnover of around €8–9 million, according to founder Francisco Vaciero Fernández. Established in 1994, the firm offers legal, financial, and audit services to companies and institutions. “2025 has been a year of celebration, but above all, one of gratitude for the trust our clients have placed in us”, he says. “In times as fast-paced and fluid as these, being a trusted firm is probably our greatest source of pride”, he adds to Iberian Lawyer.
From tax-financial focus to “one-stop shop”
The firm was initially focused on tax and financial consultancy, gradually expanding into corporate and employment law. In 2001, it launched an outsourcing subsidiary, followed by its own auditing firm in 2005. It inaugurated its Oviedo headquarters in 2008 and expanded to Madrid in 2018. Since 2023, Vaciero has been a member of Allinial Global, which—according to the firm—gives it the capacity to operate in over 120 countries. “The key to staying relevant is simple to say but demanding to uphold: technical quality, tenacity, rigour, and a close relationship with the client”, summarises the founder. “Behind every client, there are business dreams and real people. That calls for a personal touch and creative solutions to often very complex problems”, he adds.
The client mix has evolved along with the firm. Vaciero identifies its “natural target” as companies with revenues ranging from €5 million to €1 billion, preferably family-owned, as well as Spanish subsidiaries of multinational groups. “We work in English and French”, he notes, which facilitates support for foreign investment in Spain, from market entry to potential inorganic growth stages. Notable clients include the Dutch company Aware and US-based Berlin Packaging.
Positioning and strategy
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