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Thursday, November 30, 2023

EY, Clifford advise Telefonica Tech on €209m acquisition of Incremental

EY Abogados and Clifford Chance have counselled Telefonica Tech on its €209 million acquisition of Incremental, leading digital transformation and data analytics company and Microsoft partner

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Telefónica’s in-house teams coordinated this matter, led by the Commercial, M&A and Financial team (Clarissa Matos, director M&A Telefónica Tech, and Ignacio Villalon, M&A Telefónica Tech) and the Corporación’s Legal M&A team, with the support of Telefónica Tech team. Elimena Junquera Blanco and and Laura González Menéndez, senior legal counsel Telefónica’s Legal M&A team, advised from Corporación’s Legal M&A team. The legal team of Telefónica Tech involved Diego Colchero, general counsel, and Clara Baltes, head of Legal Cloud.

EY teams in Madrid and London provided DD / SPA advice services, Tax: partner Manuel Paz, manager Teresa Liébana, lawyers Bernardo Reus, Sue Anderson, David French, Scott Dummett; Legal: partner Susana Gómez Badiola, senior manager José María González de Castejón, Sam Brown and Mercy Mba; Labour: Raúl García, Miguel Prado, Rob Riley and Nigel Cousin.

The Clifford Chance´s team in London was led by partner Nick Spurrell.

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