Ignacio Pallarés, a partner in the Corporate Department, advises private equity funds and special opportunity funds, as well as leading Spanish companies, in all aspects of commercial law, with a particular emphasis on mergers and acquisitions.

Mr. Pallarés helps major global funds execute private equity transactions involving Spanish entities, and advises Spanish energy and media companies on complex, cross-border M&A deals. He also represents special opportunity funds in restructuring matters in Spain.

With a sophisticated understanding of the local market, Mr. Pallarés frequently advises on transactions involving Spain’s most iconic and important companies. Mr. Pallarés also draws on his broad international experience to steer large-scale divestitures and acquisitions involving public and private entities throughout Europe, Latin America, Asia, and North America.

Mr. Pallarés' experience includes advising:

Private Equity

  • Platinum Equity in the:
    • Acquisition of Urbaser, one of the world’s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately US$4.2 billion
    • Acquisition of Iberconsa, a global provider of frozen seafood products
  • Triton Partners in the acquisition of Fertiberia, a Spain-based company that manufactures and markets fertilizers and agricultural chemicals, from Grupo Villar Mir
  • The Carlyle Group in the:
    • Acquisition of Altadia Group, a leading Spanish ceramic products manufacturer
    • Acquisition of a majority stake in Codorníu, the oldest family-owned cava producer in Spain
    • Acquisition of Gleva Cellars, a major wine producer based in Spain
    • Acquisition of Digitex Informática Holding, a provider of business process outsourcing services in Spain and Latin America
    • Acquisition of Applus Servicios Tecnológicos, the largest Spanish inspection, certification, and technological services company, for €1.480 million
  • L Catterton in the:
    • Sale of El Ganso, a major Madrid-based fashion brand
    • Acquisition of an 80% stake in Goiko Grill, a fast-casual restaurant chain headquartered in Madrid
  • Partners Group in the:
    • Creation of a joint venture with Dunas Capital to invest in real estate assets in Spain
    • Sale of its stake in Softonic, a Spain-based operator of a software downloading website
    • Creation of the joint venture Aristeas Logística, a platform for investment in logistic real estate assets

Mergers & Acquisitions

  • Telefonica in the:
    • Sale of their business in El Salvador to General International Telecom 
    • Sale of a majority stake of its its fibre optic network in Chile and Colombia to KKR
    • Sale of Telefónica Costa Rica, one of Costa Rica’s largest mobile service providers, to Liberty Latin America
  • Sener and Masdar in the sale of Torresol Energy Investments, a company engaged in the thermosolar energy industry, to Q-Energy
  • X-Elio Energy, a Spain-based provider of renewable energy services, in the sale of its portfolio of solar assets to China Three Gorges
  • Iberdrola in its sale of a 40% stake in East Anglia ONE offshore wind farm to Green Investment Group Limited
  • Cerner Corporation, a US-based information technology company, in its US$1.3 billion acquisition of Germany-headquartered Siemens AG’s hospital information system solution
  • Repsol, a Spanish energy company, in the:
    • Sale of its upstream business in Ecuador to New Stratus Energy 
    • Sale of a 49% stake in the Valdesolar photovoltaic project to The Renewables Infrastructure Group 
    • Sale of a 49% stake in its Delta wind farm portfolio to Pontegadea
    • Placing agreement of 5% of its treasury stock through an accelerated bookbuilt offering
    • Sale of 40% of its Brazilian subsidiary to Sinopec, a Beijing-based oil and gas enterprise, for US$17.8 billion
    • €2.2 billion disposal of a stake in YPF, an Argentine energy company, to Grupo Petersen, an Argentine conglomerate

Bar Qualification

  • Spain (Abogado)


  • LLM, Duke University School of Law, 2000
  • BA (Law), Universidad de Barcelona, 1997

Languages Spoken

  • English
  • Spanish
  • Catalan