{"id":374801,"date":"2025-10-21T09:51:07","date_gmt":"2025-10-21T07:51:07","guid":{"rendered":"https:\/\/ga-p.com\/?post_type=noticia&#038;p=374801"},"modified":"2025-10-21T10:08:03","modified_gmt":"2025-10-21T08:08:03","slug":"the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate","status":"publish","type":"noticia","link":"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/","title":{"rendered":"The mid-market leads the M&amp;A recovery in a more selective environment | Capital &amp; Corporate"},"content":{"rendered":"<div id=\"ColumnaMasSidebar-block_a89802a1b45df4e4bc47028448ffe3a6\" class=\"ColumnaMasSidebar v1\">\n    <div class=\"container\">\n                <div class=\"hero-inner-blocks\">\n<div id=\"ColumnaIzquierda-block_daca017983d80ddc11b1390d1e4287ea\" class=\"blanco ColumnaIzquierda\">\n    <div class=\"acf-innerblocks-container\">\n\n<h4 class=\"wp-block-heading\">Mercantil partners David Gonz\u00e1lez and \u00c1lvaro Mateo took part, alongside Guillermo Ferr\u00e9 from Kartesia, in an interview published by Capital &amp; Corporate, where they analysed the evolution of the mergers and acquisitions market in Spain and the key factors driving its recovery.<\/h4>\n\n\n\n<p>The report highlights how the mid-market has established itself as the main engine of M&amp;A activity amid macroeconomic and geopolitical volatility. After a cautious start to the year, activity has picked up during the second half, driven by funds\u2019 growing interest in medium-sized companies with recurring cash flows and resilient business models.<\/p>\n\n\n\n<p>According to the interviewees, the market remains highly selective in its transactions, prioritising the quality of assets, financial soundness, and operational value-creation potential over transaction volume. Hybrid structures \u2014 combining debt, equity and earn-outs \u2014 have become an effective tool to close deals in an environment where the valuation gap between buyers and sellers persists.<\/p>\n\n\n\n<p>The analysis also underlines the trend towards bilateral processes and smaller transactions, as well as the increasing relevance of build-up strategies and secondary deals, reflecting a more disciplined market focused on sector consolidation.<\/p>\n\n\n\n<p>In terms of financing, both banks and direct lenders continue to show strong appetite for deal funding, although debt costs remain high, forcing the design of more flexible and sustainable financial structures.<\/p>\n\n\n\n<p>The interview concludes by stressing that the recovery of M&amp;A will depend on macroeconomic and geopolitical stability over the coming months. In this context, the mid-market reaffirms itself as the space where private equity funds can generate tangible and sustainable value, leveraging professionalisation, operational efficiency, and the consolidation of leading companies in their sectors.<\/p>\n\n\n\n<div id=\"Boton-block_9b02f7dac1e359c71d601ed13d2544e3\" class=\"Boton\">\n\n            <a class=\"primaryCta scaleFromLeft rotateIcon\" href=\"https:\/\/online.flippingbook.com\/view\/962236540\/14\/\" target=\"_blank\"><span>See interview<\/span>\n                        <div class=\"containerImg\"><img decoding=\"async\" alt=\"icon\" src=\"https:\/\/ga-p.com\/wp-content\/themes\/ga-p\/assets\/images\/external-icon.svg\" \/><\/div><\/a>\n            <\/div>\n\n<\/div>\n<\/div>\n\n\n<div id=\"ColumnaSidebar-block_bee48539d112f7976d62044b86564603\" class=\"blanco ColumnaSidebar\">\n    <div class=\"acf-innerblocks-container\">\n\n\n<div id=\"NoticiaPublicacionInformacion-block_a53df25285b4049e9938ef0beca328de\" class=\"NoticiaPublicacionInformacion\">\n\n    <div class=\"personal_office\">\n        <div class=\"personal\">\n\n            \n                            <div class=\"abogados\">\n                    <div class=\"titleCategoria\">Lawyer mentioned<\/div>\n                    <div class=\"out itemCont\">\n                                                                                    <p class=\"item\">\n                                    <span class=\"rectangleBlu\"> <\/span>\n                                                                        <a href=\"https:\/\/ga-p.com\/en\/person\/david-gonzalez\/\" class=\"nameAuthor\">David Gonz\u00e1lez<\/a>\n                                                                        <span class=\"charge\"> &#8211; Partner<\/span>\n                                <\/p>\n                                                                                                                <p class=\"item\">\n                                    <span class=\"rectangleBlu\"> <\/span>\n                                                                        <a href=\"https:\/\/ga-p.com\/en\/person\/alvaro-mateo-sixto\/\" class=\"nameAuthor\">\u00c1lvaro Mateo Sixto<\/a>\n                                                                        <span class=\"charge\"> &#8211; Partner<\/span>\n                                <\/p>\n                                                                        <\/div>\n                                            <div class=\"inner itemCont\" style=\"display: none;\">\n                                                                                                <p class=\"item\">\n                                        <span class=\"rectangleBlu\"> <\/span>\n                                        <span class=\"nameAuthor text-decoration-none\">Guillermo Ferr\u00e9<\/span>\n                                        <span class=\"charge\"> &#8211; Socio de Kartesia<\/span>\n                                    <\/p>\n                                                                                    <\/div>\n                        <div class=\"primaryCta showMoreTrigger\">See all lawyers<img decoding=\"async\" alt=\"icon\" src=\"https:\/\/ga-p.com\/wp-content\/themes\/ga-p\/assets\/images\/arrow-down-flu-color.svg\" \/><\/div>\n                        <div class=\"d-none primaryCta showLessTrigger\">See less lawyers<img decoding=\"async\" alt=\"icon\" src=\"https:\/\/ga-p.com\/wp-content\/themes\/ga-p\/assets\/images\/arrow-down-flu-color.svg\" \/><\/div>\n                                    <\/div>\n            \n                        <div class=\"categorias\">\n                <div class=\"titleCategoria\">Category<\/div>\n                                    <p class=\"item\">\n                        <span class=\"rectangleBlu\"> <\/span>\n                        <span class=\"nameAuthor text-decoration-none\">Interview<\/span>\n                    <\/p>\n                            <\/div>\n            \n                        <div class=\"areas_sectores\">\n                <div class=\"titleCategoria\">Areas and sectors<\/div>\n                                                        <p class=\"item\">\n                        <span class=\"rectangleBlu\"> <\/span>\n                        <a href=\"https:\/\/ga-p.com\/en\/area\/corporate-and-m-a\/\" class=\"nameAuthor\">Corporate and M&amp;A<\/a>\n                    <\/p>\n                                                                <\/div>\n                <\/div>\n<\/div>\n\n<\/div>\n<\/div>\n\n<\/div>\n\n    <\/div>\n\n<\/div>\n\n\n<div id=\"ColumnaMasSidebar-block_a89802a1b45df4e4bc47028448ffe3a6\" class=\"ColumnaMasSidebar v1\">\n    <div class=\"container\">\n                <div class=\"hero-inner-blocks\">\n<div id=\"ColumnaIzquierda-block_daca017983d80ddc11b1390d1e4287ea\" class=\"blanco ColumnaIzquierda\">\n    <div class=\"acf-innerblocks-container\">\n\n<div id=\"AnteriorSiguiente-block_f8214e382bdb099c6a6bd5bf7d28c86a\" class=\"AnteriorSiguiente\">\n\n\n            <div class=\"containerButtons\">\n            <a class=\"primaryCta prev \" href=\"https:\/\/ga-p.com\/en\/news\/iv-restructuring-forum-el-economista\/\" target=\"_self\" title=\"prev post\">See previous                <img decoding=\"async\" alt=\"icon\" src=\"https:\/\/ga-p.com\/wp-content\/themes\/ga-p\/assets\/images\/arrow-left-primary.svg\" \/>\n            <\/a>\n            <a class=\"primaryCta next \" href=\"https:\/\/ga-p.com\/en\/news\/miguel-lamo-de-espinosa-analyses-the-rise-of-corporate-restructurings-amid-debt-maturity-pressures-el-confidencial\/\" target=\"_self\" title=\"next post\">See next                <img decoding=\"async\" alt=\"icon\" src=\"https:\/\/ga-p.com\/wp-content\/themes\/ga-p\/assets\/images\/arrow-right-primary.svg\" \/>\n            <\/a>\n        <\/div>\n    <\/div>\n<\/div>\n<\/div>\n\n<\/div>\n\n    <\/div>\n\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mercantil partners David Gonz\u00e1lez and \u00c1lvaro Mateo took part, alongside Guillermo Ferr\u00e9 from Kartesia, in an interview published by Capital &#038; Corporate, where they analysed the evolution of the mergers and acquisitions market in Spain and the key factors driving its recovery.<\/p>\n","protected":false},"featured_media":0,"template":"","categoria":[114],"class_list":["post-374801","noticia","type-noticia","status-publish","hentry","categoria-interview-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The mid-market leads the M&amp;A | Capital &amp; Corporate<\/title>\n<meta name=\"description\" content=\"Mercantil partners David Gonz\u00e1lez and \u00c1lvaro Mateo took part, alongside Guillermo Ferr\u00e9 from Kartesia, in an interview published by Capital &amp; Corporate, where they analysed the evolution of the mergers and acquisitions market in Spain and the key factors driving its recovery.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The mid-market leads the M&amp;A | Capital &amp; Corporate\" \/>\n<meta property=\"og:description\" content=\"Mercantil partners David Gonz\u00e1lez and \u00c1lvaro Mateo took part, alongside Guillermo Ferr\u00e9 from Kartesia, in an interview published by Capital &amp; Corporate, where they analysed the evolution of the mergers and acquisitions market in Spain and the key factors driving its recovery.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/\" \/>\n<meta property=\"og:site_name\" content=\"Despacho de abogados G\u00f3mez-Acebo y Pombo\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-21T08:08:03+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\\\/\",\"url\":\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\\\/\",\"name\":\"The mid-market leads the M&A | Capital & Corporate\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#website\"},\"datePublished\":\"2025-10-21T07:51:07+00:00\",\"dateModified\":\"2025-10-21T08:08:03+00:00\",\"description\":\"Mercantil partners David Gonz\u00e1lez and \u00c1lvaro Mateo took part, alongside Guillermo Ferr\u00e9 from Kartesia, in an interview published by Capital & Corporate, where they analysed the evolution of the mergers and acquisitions market in Spain and the key factors driving its recovery.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\\\/\\\/ga-p.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The mid-market leads the M&amp;A recovery in a more selective environment | Capital &amp; Corporate\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/ga-p.com\\\/en\\\/\",\"name\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\",\"description\":\"G\u00f3mez-Acebo y Pombo es una firma de abogados independiente, con experiencia internacional, especializada en todas las \u00e1reas del derecho de los negocio.\",\"publisher\":{\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ga-p.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#organization\",\"name\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\",\"url\":\"https:\\\/\\\/ga-p.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ga-p.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Logo-1-1.svg\",\"contentUrl\":\"https:\\\/\\\/ga-p.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Logo-1-1.svg\",\"caption\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\"},\"image\":{\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The mid-market leads the M&A | Capital & Corporate","description":"Mercantil partners David Gonz\u00e1lez and \u00c1lvaro Mateo took part, alongside Guillermo Ferr\u00e9 from Kartesia, in an interview published by Capital & Corporate, where they analysed the evolution of the mergers and acquisitions market in Spain and the key factors driving its recovery.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/","og_locale":"en_US","og_type":"article","og_title":"The mid-market leads the M&A | Capital & Corporate","og_description":"Mercantil partners David Gonz\u00e1lez and \u00c1lvaro Mateo took part, alongside Guillermo Ferr\u00e9 from Kartesia, in an interview published by Capital & Corporate, where they analysed the evolution of the mergers and acquisitions market in Spain and the key factors driving its recovery.","og_url":"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/","og_site_name":"Despacho de abogados G\u00f3mez-Acebo y Pombo","article_modified_time":"2025-10-21T08:08:03+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/","url":"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/","name":"The mid-market leads the M&A | Capital & Corporate","isPartOf":{"@id":"https:\/\/ga-p.com\/en\/#website"},"datePublished":"2025-10-21T07:51:07+00:00","dateModified":"2025-10-21T08:08:03+00:00","description":"Mercantil partners David Gonz\u00e1lez and \u00c1lvaro Mateo took part, alongside Guillermo Ferr\u00e9 from Kartesia, in an interview published by Capital & Corporate, where they analysed the evolution of the mergers and acquisitions market in Spain and the key factors driving its recovery.","breadcrumb":{"@id":"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ga-p.com\/en\/news\/the-mid-market-leads-the-ma-recovery-in-a-more-selective-environment-capital-corporate\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/ga-p.com\/en\/"},{"@type":"ListItem","position":2,"name":"The mid-market leads the M&amp;A recovery in a more selective environment | Capital &amp; Corporate"}]},{"@type":"WebSite","@id":"https:\/\/ga-p.com\/en\/#website","url":"https:\/\/ga-p.com\/en\/","name":"Despacho de abogados G\u00f3mez-Acebo & Pombo","description":"G\u00f3mez-Acebo y Pombo es una firma de abogados independiente, con experiencia internacional, especializada en todas las \u00e1reas del derecho de los negocio.","publisher":{"@id":"https:\/\/ga-p.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ga-p.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ga-p.com\/en\/#organization","name":"Despacho de abogados G\u00f3mez-Acebo & Pombo","url":"https:\/\/ga-p.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ga-p.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/ga-p.com\/wp-content\/uploads\/2024\/09\/Logo-1-1.svg","contentUrl":"https:\/\/ga-p.com\/wp-content\/uploads\/2024\/09\/Logo-1-1.svg","caption":"Despacho de abogados G\u00f3mez-Acebo & Pombo"},"image":{"@id":"https:\/\/ga-p.com\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/noticia\/374801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/noticia"}],"about":[{"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/types\/noticia"}],"wp:attachment":[{"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/media?parent=374801"}],"wp:term":[{"taxonomy":"categoria","embeddable":true,"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/categoria?post=374801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}