Afianza, a Spanish firm providing integrated professional services to companies, has secured financing from BlackRock, one of the world’s largest asset management companies and a leading global investment manager, for a total amount of €110 million.
The transaction, advised by Alantra, consists of a seven-year bullet loan (a financing structure in which the principal is repaid in full at maturity) structured in two tranches. The first tranche will be used to refinance the company’s existing debt with Oquendo and CaixaBank, while the second will support Afianza’s expansion through a strategic plan focused on inorganic growth.
“The confidence shown by a partner such as BlackRock in Afianza’s project and its decision to provide financing to support our growth at the desired pace is a strong endorsement of the solidity of our business strategy,” said Jaime García Lancha, Chief Financial Officer of Afianza.
Three-year growth outlook
Afianza has established a three-year strategic growth plan with the objective of increasing annual revenues by €30 million and expanding its workforce by more than 500 professionals per year.
This new strategic plan is built around three main pillars. The first is to offer the full range of professional services that a company may require, which will involve continued inorganic growth through the acquisition of business advisory firms, law firms, audit firms and consultancies. The second pillar is to tailor its professional services to the specific needs of all types of companies, from SMEs to mid-market firms and large corporations. The third pillar is to expand its geographic footprint to establish a presence in Spain’s main cities.
With the opening of new offices in major Spanish cities over the next three years, complementing its current network in Madrid, Ibiza, Oviedo, Bilbao, Granada, Vitoria, Málaga, Barcelona, Albacete, Las Palmas and Murcia, Afianza will achieve broader national coverage and further strengthen its position as a sector benchmark. The strategy includes both organic growth and the integration of new specialized firms that provide added value in key business areas.
José Luis Cogolludo, CEO of Afianza, stated: “With this financing from BlackRock, Afianza can accelerate its strategic plan and consolidate its position as a leading provider of integrated professional services across multiple sectors. This strategy includes inorganic growth through acquisitions as well as geographic expansion throughout Spain. Our goal is to offer comprehensive solutions to companies of any size and scale.”
About Afianza
Afianza is a Spanish company specializing in integrated professional services for all types of businesses, founded in 2002. With more than 10,000 clients, revenues of €50 million in 2024 and a workforce of 740 employees, Afianza has become one of Spain’s leading professional services providers, offering a broad range of services spanning advisory and consulting, legal services and auditing.
Afianza is committed to a comprehensive, client-centric service model, combining the proximity and personalized approach of traditional advisory firms with the breadth of services and technology of large consultancies. Its offering — previously accessible mainly to large corporations and now available to the entire business community — goes far beyond conventional services. Afianza is directly involved as a strategic partner to companies of all sizes, helping to accelerate their development, optimize resources, improve competitiveness and maximize profitability.
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