Sánchez DeVanny

Mexico

IFLR1000 Reviews

Financial and corporate

Full-service firm Sánchez DeVanny is known for its work in banking, corporate and project development. The firm was founded in 1996 and now has three offices: in Mexico City, Monterrey and Querétaro. Ricardo León-Santacruz is the firm’s managing partner.

 

Focusses / specialisms

The firm does notable work in banking, M&A and project development. In banking, the team represents borrowers and lenders in loan agreements for real estate financing, cross-border financing, acquisition financing and refinancings.

The M&A team represents strategic buyers and sellers in joint ventures, acquisitions, restructurings and incorporations.

The project development team has expertise in the energy and oil and gas industries, representing bidders and developers. It also has done a lot of work with PPA’s.

 

Key clients

Key clients for the firm include Repsol Downstream International, Manufacturas Solco, Medtronic, Bancomext, Essity, Bendix CVS de México and US Pipe México.

 

Research period review: 33rd edition (2022/2023)

During the research period the firm was active in banking, capital markets, M&A and project development.

The banking team was active in the financial services and agriculture sectors, advising borrowers and lenders on loan agreements and other complex financing transactions.

Issuers on the debt and equity side were prominent in the firm’s capital markets work, but it also advised underwriters. The offerings were primarily in the financial services sector.

In M&A, the firm worked mostly with acquirers on domestic and international acquisitions.

In project development the firm was involved in several power supply agreements and frequently dealt with the Energy Regulatory Commission.

 

Deal highlights: 33rd edition (2022/2023)

Fondo de Inversión Cerrado de Desarrollo Advanced Oportunidades II $170 million acquisition of Pequeño Caesarmex

Ford Credit de Mexico $500 million debt program

Navistar $400 million debt program issuance

 

Client feedback: 33rd edition (2022/2023)

Investment funds: Retail funds

"Great follow up skills. They maintain really clear communication and ensure that everyone is on the same page before moving forward. Great dominance of every topic and really great disposition of the partners."

 

M&A

"The team is very responsive and highly qualified."

"Competent, business-oriented, professional team with corporate and tax view."

"Reliable and experts on tax, the energy sector and M&A. Fast and agile responses."

"Their opinion could be in both languages, Spanish and English."

 

Restructuring: Corporate

"They are very efficient in accompanying the client, they were at all times to solve problems."

 

Mariana Eguiarte

"Great attitude. Problem solver. Hands-on, very accountable and reliable. The best point of contact. Love working with her. The best in Mexico."

 

Diego Gomez Haro

"Diego is a lawyer with whom you feel totally calm and confident to solve problems."

 

Marisol González Echevarría

"She is a fantastic lawyer, very responsive and available. She has a deep knowledge of Mexican laws and is very business-oriented."

 

Ricardo Leon Humberto

"Competent, polite, team-oriented, business-oriented."

 

Humberto Morales

"He is bilingual, knows the industry and his clients very well."

 

Jose Miguel Ortiz

"Great follow up skills. Great at proposing new ideas and legal paths. Really good at identifying risks and mitigating them."