Iberian Market - November 2025

November 2025
Iberian Market - November 2025
Pages: 81
Format: .PDF

SPAIN

According to TTR Data's Monthly Report, there were 2,823 transactions worth a combined EUR 86.09bn in Spain until November 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 606 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 November Report contains a breakdown of 532 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 

Allianz Capital Partners completes the acquisition of two photovoltaic parks from Grenergy Renovables

Advisors in this deal:

Financial Advisory:

  • PwC España

Legal Advisory:

  • Clifford Chance Spain
  • Pérez-Llorca

Due Diligence: 

  • Pérez-Llorca

Public Relations:

  • Kreab Iberia

 

PORTUGAL 

Recalvi acquires Iberoturbo

Advisors in this deal:

Financial Advisory:

  • Solventis

Legal Advisory:

  • Nuno Teixeira Matos & Nelson Rocha - Sociedade de Advogados