Ana González-Linares is a counsel in the Corporate Department of Latham & Watkins' Madrid office. She provides corporate advice to national and international clients in a wide range of industries, with particular emphasis on M&A, strategic alliances, restructuring, special situations, and corporate governance matters.

Ms. González-Linares regularly advises private equity funds on their investments and transactions both in the Spanish market, as well as in Latin America. She also serves as secretary of the board for many Spanish portfolio companies of major private equity firms, where she advises on corporate governance and contractual matters.
Ms. González-Linares also advises private equity funds on distressed M&A transactions, restructurings, and pre-insolvency situations.

Ms González-Linares has been recognised in the Corporate and M&A Law category by Best Lawyers in Spain 2020 and as finalist by Iberian Lawyer's Forty under 40 awards in 2020. She has also been named by PFM as one of the most influential women lawyers under 40 in the private equity sector in 2017.

Ms. González-Linares' experience includes advising:

Private Equity and M&A

  • Saur in the acquisition of Veolia’s European Mobile Water Services
  • Kensing, a portfolio company of One Rock Capital, in the acquisition of Vitae Caps, a leading manufacturer of botanical based ingredients for the food industry
  • KKR in the sale of Grupo Gallardo Balboa, a steelmaking corporation based in Spain, to Cristian Lay owned by CL Industrial Group
  • KKR in the sale, in the context of an auction process, of its portfolio company Papresa, the first operator of newsprint in southern Europe, to Quantum Capital
  • Telefónica in a major carve out of all of its Central American telecom assets (Panamá, Nicaragua, El Salvador, Guatemala, and Costa Rica) for €2.4 billion  
  • Aelca Desarollos Immobiliarios, in its acquisition by Via Célere, a Spain-based real estate company specializing in development, investment and management of residential assets and a portfolio of US-based private equity firm, Varde Partners
  • Cerberus in the acquisition of Inmoglaciar*    
  • CVC Capital Partners in the:
    • Acquisition of Vitalia Home, the largest operator of nursing homes in Spain for €258 million*
    • Sale of Quironsalud to Fresenius for €5.4 billion*
    • Sale of RCable to Euskaltel for €1.2 billion*
  • Rakuten on the investment in Glovo and the relevant investor agreements*
  • OHL in the sale of its stake in Autovía de Aragón-Tramo 1*
  • Fondo Nazca III F.C.R. in the sale of Biográn, to Wessanen Netherland Holding*
  • Compass Group in the acquisition of Gourmet on Wheels*
  • Shareholders of Ruber and Ruber Internacional on its sale to IDCSalud *
  • Comverse, Inc. on the acquisition of the technology company Solaimes*
  • AppNexus Group on the acquisition of technology assets from the Xaxis Group in more than 10 jurisdictions*
    Restructurings & Special Situations

Restructuring and special situations

  • Fedrigoni, a Bain Capital company, in the acquisition of a Spanish based producer of luxury papers and packaging from the Arjowiggins Group
  • KKR in the:    
    • Takeover, restructuring and "exit financing" of Grupo Gallardo Balboa
    • Acquisition and restructuring of Cementos Balboa and Papresa from Grupo Alfonso Gallardo*

*Matter handled prior to joining Latham

Bar Qualification

  • Spain (Abogado)


  • LL.M., University of Chicago Law School
  • BA in Law & Business Administration, ICADE - Universidad Pontificia de Comillas - Madrid

Languages Spoken

  • English
  • Spanish