• Pragmatism

  • Experience

  • Trust


More than 600 deals successfully closed

We are an international firm specialized in corporate advisory services to mid-sized companies. In Closa we have been providing our services since 1987, and today we are proud to be the reference in the spanish mid-market for M&A. We have extensive industry specialization and proven experience in investment banking both in Spain and internationally.


We know what we do...

We have completed more than 600 successful transactions globally, and yet we can say that our greatest pride is to always provide our clients with a personalized and tailored service.

Services and Outcome

... in your industry.

Our philosophy is based on personalized costumer service and results. Therefore throughout all fases of the process, we will provide tailored and specialized financial advisory supported by years of experience. We will play a leading role, get involved at all stages, in accordance with your indsutry, and assure the success of each deal.


You may count on us...

Some transactions require the participation, especially during the latter stages of the process, of professionals from other specialties (auditors, lawyers, banks, etc.). We will lead independently, without any conflict of interests and according to the needs of our client, these multidisciplinary teams which are necessary for closing any transaction.

Worldwide Coverage

... here and everywhere.

Our offices in the Iberian Peninsula allow us a wide presence in this market. As well we have strategic partners, international leaders in M&A advisory, whom share our service vocation so we may provide you with a local service wherever your interests may be.

Long Term

We will stay with you...

Our vocation is to grow with you, building up from trust and professionalism. We abide to professional ethics criterias to select our clients, in order to guarantee succesful and long-lasting relationships.


... to be your trusted partner.

We are aware that processes require, for a sucessful outcome, a discreet and compromised management of confidentiality by the involved parties. Therefore our methodology focuses on managing all the exchanged information in the most secure and efficient manner. Your trust is our most precious asset.


We count with a team of 14 professionals divided into two business Areas: M&A and Investments

Josep M. Romances


José Álvarez

Managing Partner


A broad experience in most sectors, locally and internationally, is the basement of our success.

Automotive and Aerospace

Automotive & Aerospace was founded in Chicago (U.S.A.) in 2000.


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Business support services

Business Support Services was born in Copenhagen (Denmark) in 1989.

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Construction & Engineering Services

Construction & Engineering Services was founded in Dallas (U.S.A.) in 1998.

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Energy was created in Atlanta (U.S.A.) in 1998.


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Equity Capital Markets

Equity Capital Markets was founded in London (United Kingdom) in 1999.

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Food & Beverage

Food and Beverage was born in Atlanta (U.S.A.) in 1998.

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Healthcare was founded in Paris  (France) in 1998.


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Real Estate

Real Estate was created in Hamburg (Germany) in 2001.

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Retail was founded in Hamburg (Germany) in 1998.

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Technology was founded in Boston (U.S.A.) in 1999.

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Expertise as a success factor

Our current portfolio of services is designed to fulfill our clients' needs. Our team of professionals will advise the client on decision making in their best interest

One man is not a team. WE are a team

Corporate Finance

Specialists in Finance

  • Merger and Acquisition
  • Capital Restructuring
  • Valuation
  • Privatisation
  • IPOS nat/internat
  • Fairness Opinion


Success guarantee

  • Business Plan
  • Shareholder Advisory
  • Private Placement
  • Portfolio Analysis
  • Assets allocation nat/internat
  • Private equity


The strength of a team

  • International Structure
  • Restructuring
  • Management Team Support
  • Working Capital Shortage

Our International Experience since 1987

- 3658projects in the world
- 628projects in usa
- 268projects in spain
- 2741projects in the last 10 years




Since 1987 we have negotiated in more than 1,000 cities around the world.

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In Spain, we have successfully concluded more than 600 operations and our international partners more than 15,000.

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Last news

doing business

Contact us

Ask us any questions. We are happy to offer support.

 Ministries, PMB 66
Gamel Abdul Nasser Ave - Accra Ghana
 +233 24 243 6000
 Escoles Pies 28, Baixos
 (+34) 93 241 80 08
 Velázquez, 73, piso 3º B
28006 MADRID
 (+34) 913 198 366