Announced

Magnum Industrial Partners to acquire Medina Cuadros Abogados.

Synopsis

Magnum Industrial Partners, the largest Spanish venture capital company to acquire Medina Cuadros, a law firm specializing in business and financial services. Financial terms were not disclosed. Magnum Industrial Partners thus begins the consolidation of the atomized Spanish sector of recovery offices in full swing of collective lawsuits against banks - land clauses, mortgages with IRPH, insurance companies, telephone or electric companies. The integration of Medina Cuadros Abogados will lead to a great defense platform against mass lawsuits that will feature state-of-the-art computer systems and the use of Artificial Intelligence.

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