Publications

Publications > Market Reports > Iberian Market

SPAIN

According to TTR Data's 3Q M&A Report, there were 2,324 transactions worth a combined EUR 73.89bn in Spain in the first nine months of 2025. The report provides a complete analysis of the most prominent cross-border transactions and the sectors undergoing most consolidation, led by Real Estate with 478 deals. The league tables in the report's final pages contain a ranking of the leading legal and financial advisors based on transactions announced in 2025.

PORTUGAL

TTR Data's 3Q M&A Report contains a breakdown of 440 deals announced in 2025. The report also provides updated data on different aspects of the Portuguese M&A market, where Spain-based buyers led inbound investments. The report also includes a breakdown of M&A activity by sector, alongside information and data related to Private Equity and Venture Capital investments. League tables in the final pages of the report rank the top legal and financial advisors by transactions announced in 2025.

SPAIN 

Multiply Group closes acquisition of majority stake in Tendam

Advisors in this deal:

Financial Advisory:

• Deloitte España
• Greenhill & Co.

Legal Advisory:

• Hogan Lovells España
• Latham & Watkins España
• Ramón Hermosilla Abogados
• Uría Menéndez España

Due Diligence:

• KPMG España

PORTUGAL 

Reagro and Fortitude Capital acquire Iberol and Biovegetal

Advisors in this deal:

Financial Advisory:

• Deloitte Portugal

Legal Advisory:

• PLMJ
• VdA - Vieira de Almeida

Due Diligence:

• Deloitte Portugal

Virtual Data Room:

• SharePoint