Latham & Watkins has hired Linklaters’ Spain senior partner for its M&A and private equity practices.
Alejandro Ortiz, who will join Latham & Watkins as a partner in Madrid, has been a private equity and M&A partner at Linklaters since 2000, and its senior partner in Spain since 2017, according to his LinkedIn profile.
Before his time at Linklaters, Ortiz spent more than a decade working at Garrigues at the associate and partner levels.
A well-regarded corporate lawyer in Spain, Ortiz has experience advising big-ticket transitions, including a deal in 2019 in which he advised Globalia, the shareholder of Spanish airline Air Europa, in a €1 billion transaction for International Consolidated Airlines Group (the owner of British Airways) to acquire the Spanish airline.
Ignacio Gómez-Sancha, office managing partner of Latham & Watkins in Madrid, said of Ortiz: “He has a stellar reputation advising on some of the most significant deals in the Spanish market and brings a wealth of experience to our existing capabilities. His arrival underscores our preeminent company M&A and private equity practice in Spain, and he will be a significant contributor to our growth plans in Spain and across Europe.”
The lateral hire comes as international firms expand in Spain. Mexican law firm Creel, García-Cuéllar, Aiza y Enríquez announced a new office in Madrid; the firm’s first outside of Mexico. And US-based White & Case recently hired new partners in debt finance and M&A as part of the firm’s investment in the Spanish market.
Last year, Linklaters announced José Giménez Cervantes as its new Spain managing partner.
For U.S.-headquartered Latham, new M&A partner Ortiz will join the Madrid team of nearly fifty lawyers.
Linklaters said in a statement: “We can confirm that Alejandro Ortiz will be leaving Linklaters. We wish him all the best for the future and thank him for his service to the firm.”