Pérez-Llorca Expands in Portugal with COFIDES Support

Deal News | Dec 26, 2024 | Cia Espanola de Financiacion d

Pérez-Llorca Expands in Portugal with COFIDES Support

Pérez-Llorca, an international law firm, is strengthening its presence in Portugal with the opening of a new office in Lisbon. The project is financed, in part, by a €4.5 million loan from COFIDES, through the Fund for Investments Abroad (FIEX). The total investment in the expansion and refurbishment of the Lisbon office totals €6.4 million. This new establishment solidifies Pérez-Llorca's position as a key player in the global legal market. The expansion is part of COFIDES's Impact Program that aligns with the Recovery, Transformation and Resilience Plan, and the initiative is financed by Next GenerationEU. The project particularly supports Sustainable Development Goals (SDGs) 5 and 8, addressing gender equality and economic growth. The Firm's remodeled office, occupying 2,000 square meters at a prime location in Lisbon, employs more than 30 professionals, marking a significant milestone in their international growth.

Sectors

  • Legal Services
  • Financial Services

Geography

  • Portugal – The expansion of Pérez-Llorca's operations in Lisbon marks significant growth in this important European market.
  • Spain – COFIDES's involvement indicates substantial activity from a Spanish funding entity supporting international expansion.

Industry

  • Legal Services – Pérez-Llorca operates in the legal services industry, focusing on international law.
  • Financial Services – COFIDES, as a funding partner, operates within the financial services sector, providing investment support to businesses expanding internationally.

Financials

  • 4.5M – Loan provided by COFIDES from the Fund for Investments Abroad (FIEX).
  • 6.4M – Total investment for the expansion and refurbishment of Pérez-Llorca's Lisbon office.

Participants

NameRoleTypeDescription
Pérez-LlorcaTarget companyCompanyAn international law firm expanding its operations into Lisbon, Portugal.
COFIDESFunding partnerCompanyA Spanish entity providing financial support for Spanish companies' international expansion.
Miguel Ángel LaderoCIO of COFIDESPersonChief Investment Officer at COFIDES, advocating for international expansion of Spanish law firms.
Iván DelgadoInternational Executive Partner at Pérez-LlorcaPersonExecutive responsible for leading Pérez-Llorca's international expansion efforts.