Garrigues Integrates Mexican Firm Sánchez Devanny

Posted on Jul 17, 2024

The integration of both firms will create one of Mexico's largest law firms, with nearly 160 professionals and offices in Mexico City, Monterrey, and Querétaro. Garrigues will fully own the new entity, Garrigues Mexico, strengthening its leadership in Latin America.

Garrigues and the Mexican firm Sánchez Devanny, a full-service consulting firm with nearly 30 years of history, have reached an agreement to integrate before the end of the year. Garrigues will hold 100% ownership of the resulting entity, Garrigues Mexico.

The integration of both firms, which are complementary in terms of areas of activity and geographic presence, will create one of the largest law firms in Mexico, with nearly 160 professionals (including partners) and offices in Mexico City, Monterrey, and Querétaro. The operation will also bring significant synergies from combining Garrigues’ international strength – with its own office in Mexico City since 2014 – and Sánchez Devanny's deep knowledge and experience in the Mexican market. The general partners of Sánchez Devanny will become partners of Garrigues.

Additionally, the operation will allow the firm to strengthen its leadership position in Latin America, where, besides Mexico, it is also present in Chile, Colombia, and Peru. The integration, expected in the fourth quarter of the year, is subject to confirmatory due diligence, the signing of final contractual agreements, and the approval of the respective governing bodies of both firms.

Fernando Vives, Executive Chairman of Garrigues, states: “For Garrigues, it is an enormous satisfaction to be able to integrate Sánchez Devanny, its partners, and professionals into our organization. Both firms, besides being complementary, share the same goals for the Mexican market and the same approach to practicing business law, based on service excellence, ethical commitment, and an innovative attitude. Clients of both firms will be the main beneficiaries as they will continue to receive the same quality of service, with access to more practice areas and stronger teams. I am confident that together we will achieve great things. I take this opportunity to welcome all Sánchez Devanny professionals to Garrigues”.

Rafael Villamar, managing partner of Sánchez Devanny, notes that “for us, it is a joy to be part of Garrigues and to contribute all our knowledge and experience. This integration represents a significant step; the combination of both firms places us in a leadership and reference position in the Mexican market and allows us to offer our clients a single platform to handle all their Latin American matters, now with our offices in Mexico, Colombia, Peru, and Chile.”