The Company

Closa is one of the leading M&A advisors with extensive experience in corporate transactions and financial and strategic advisory

Since 1987, Closa has successfully completed more than 750 transactions thanks to its extensive industry expertise and worldwide network that facilitates access to any part of the world through local representation in more than 50 countries.

Our values

We seek excellence in everything we do


We strive for excellence in everything we do. We know that our clients must focus on their day-to-day management responsibilities, and so we provide a constant leadership role in every project focused on making their goals a reality.

High achieving team

We know your industry and work as a team to ensure you receive the best personalized advice on a wide range of opportunities. We know how to exceed your expectations.


We know that your success depends on quick thinking and smart decision making. We provide reliable solutions with speed, innovation and proactivity to connect you with the right people and opportunities.


We act responsibly as a company and as individuals, prioritizing the integration of ESG policies, aiming to contribute positively to society.

See ESG policies

Closa prioritizes the integration of ESG policies with the aim of making a positive contribution to society.

Environmental impact (E)

Closa has established a set of measures to contribute positively to environmental sustainability:

  • Energy efficiency
  • Use of reusable packaging
  • Reduction of paper use
  • Waste management
  • ENERGY STAR®-certified printers and photocopiers

Social impact (S)

Closa seeks to generate impact both internally and externally, advocating for:

  • Equal opportunities and commitment to human rights
  • Promotion of best practices in talent management
  • Promoting training and professional development of employees 
  • Work-life balance
  • Flexibility through remote work

Good governance (G)

Closa has designed a robust governance framework with structures, bodies and procedures:

    • Independence of the Board of Directors
    • Data Protection to ensure your security
    • Appointment of a Compliance Officer

Our experts

Being able to count on experienced and talented people is the consequence of having built a high-performance team

where each individual has the seniority and the support structure needed for each project. 

Decades of work, with passionate and constant innovation, to continue our leadership in each of the sectors we cover in all types of operations. This approach allows us to have the best local expert anywhere in the world for each transaction.

Josep M. Romances

Founder & Chairman

Josep Maria is the Founder & Chairman of Closa and leads the Closa.Family Owned Business vertical. He founded the firm and was pioneer in Spain by opening a company dedicated to Corporate Finance with a vocation for mainly cross border operations.

Since 1987 he has successfully completed more than 200 investment banking transactions. Director of various public and family companies in the financial, services, real estate and food sectors (ACG, SSRR, Autogrill, GGI, Imisa, Meriden, Finvest, FCB, Barcelona Chamber of Commerce, M&A International, Carlyle, AIM, Rustic Bellavista, Vallnet, Granville, Evipsa and IBE among others). He is also a speaker and lecturer in the national and international Media, as well as in international Business Schools. He is the author of several books on Corporate Finance.

Josep Maria holds a PhD in Economics (UCM), a degree in Law (UCB) and an MBA (IESE).


"The clear option as we were looking for personalised advice and not a Big Four or Bulge Bracket".
Richmond Worgbah
Business Manager, Kasi Express.

"CLOSA's involvement goes beyond the professional, as there is also a sense of intergenerational legacy".
Sreehare Muraleedharan
President, MASH.

Marc Murtra

Chairman of the board

Marc is the Chairman of the Board at Closa. He has over 25 years of experience, including investment banking. Marc leads the Closa.Technology & Media vertical, has extensive experience in software, TMT and e-commerce sectors among others.

He began his career in leading technology companies in the US, UK and Spain. He then held public positions including, among others, General Director of the Cabinet of the Ministry of Industry, Tourism and Trade or Director General of in the Spanish Government.

Current Chairman of Indra and board member of Fundación La Caixa with extensive experience on Boards of Directors (Paradores, Inteco, Gordoning...). Since 2011 he has concluded more than 50 transactions in corporate finance. Lecturer and Guest Speaker abd regular columnist in La Vanguardia.

Marc holds a degree in Industrial Engineering (UPC) and an MBA (NYU).


"Marc was our perfect partner in the M&A transaction with Pernod Ricard. The team provided expertise, seriousness, discretion, negotiation skills and emotional management in a process that is always very complex. Highly recommended".
Nico Bour
CEO and founder, Uvinum.

“Marc helped us understand and execute the most important parameters for a successful sale. He also skilfully managed the relationships with the investors and between the partners of the company. He proved to be an indispensable element of the deal".
Cristian Martí
Director, Coordina.

Sergio Berenger


Sergio Berenguer is a Partner at Closa and heads the Closa.Family Owned Business Vertical. He has 30 years of experience in Investment Banking, specializing in M&A, having successfully completed more than 100 transactions.
He started his activity in 1991 at AB Asesores Morgan Stanley as head of Corporate Finance in Catalonia. Subsequently, he founded BCN Finances A.V., S.A., which was acquired by the French bank Crédit Agricole Indosuez in 2001. In his broad and extensive professional experience, he has held senior positions in different investment banking firms, specializing in advising family businesses, fostering a long-term relationship and participating in several boards of directors (Grupo Pulligan, Artisan Partners, Expert GMBH, Gas Gas motos, Educa Borras, Inversiones Demeter, BCN Finances,A.V.S.A., Invergestión de Situaciones Especiales, S.C.R., Next Corporate Finance, among others). He is also a regular speaker at several business schools.
Sergio holds a degree in Business Administration (UAB), a Master in Finance and a Master in Tax Consultancy from Esade Business & Law School.

"Before meeting Sergi I had only a vague idea of what an LBO was. I sensed a better future for our project and our team. Internationalize, innovate, grow. It was Sergi who accompanied me and helped me to go from being a good engineer to a CEO who led the shareholder change. Close, clear, sharp, and hard on the truth, he accompanied us in the Beauty Contest and introduced us to the Private Equity that best suited our needs. Since then we have tripled sales and valuation".


Francesc Alvarez Servitja


Francesc is Partner at Closa and is in charge of the Closa.Alternative Investments activity. He has more than 20 years of experience in Investment Banking in Europe and America, advising companies in M&A transactions and both bank and institutional financing.

He began his career as an Associate at BBVA in New York doing Global Coverage for Large Caps in the energy and pharma sectors. Subsequently, he was responsible for BBVA in Catalonia for the Investment Banking area covering midmarket companies in the hotel, food and industrial sectors. In his last stage at BBVA he also specialized in advising companies on ESG issues.

Francesc holds a Lic&MBA degree from Esade, an MIM with a specialization in finance from Thunderbird School of Global Management and is Chartered Financial Analyst (CFA)from CFA Institute and Certified Advisor (CAd)from CFA Society Spain.


“Francesc advised us in obtaining financing for the acquisition of Repli in a very professional manner, being able to design a solid structure adapted to our needs, and coordinating all parties in an agile and precise way. Thanks to his intervention and that of his team, we were able to close the operation successfully.”
Marc Bartomeus,
Managing Director, Ariol Capital

Pablo Martinez del Campo

Managing Director

Pablo is Managing Director at Closa. He has more than 15 years of experience in Alternative Investments, Mergers and Acquisitions. He is currently the person in charge of Closa's activity. Regulated Markets.

He has extensive experience in different business and financial areas, such as: creation, analysis, valuation and management of companies, funds, portfolios, clients and suppliers.

He started as a Financial Analyst at Alpha Value Management in London. Subsequently, he was Vice President at Alantra, member of the Investment Committee and responsible for risk control in both London and Madrid. Also at Alantra he has headed the Hedge Funds section of the company. He has also advised financial, industrial and energy companies as Executive Director at A&C Futura.

Pablo holds a degree in Business Administration (URV), a PDD in Alternative Investments (IEB) and is a Chartered Alternative Investment Analyst (CAIA).


"Closa offers extraordinary professionals, who live and transmit passion in everything they do, with a great strategic vision, fostering teamwork and maintaining an excellent relationship with all stakeholders".
Joan Amigo
CFO, Applus Group.

"His recognised work in financial matters makes you and your counterparts feel comfortable with expectations. An expert bodyguard who keeps danger at bay, gives you full credit and makes you feel like family".
Ramon Eixarch

Andrew Fletcher

Senior Advisor

Andrew is the Senior Advisor at Closa. A UK qualified Chartered Accountant who trained with PwC, he has over 35 years experience across a range of business sectors, and is focused on Closa Alternative Investments.

He has acted at Director level in major blue chip and public companies as well as having hands on experience of start ups, especially in the TMT field. With a broad knowledge of IPOs, fundraising, debt financing and venture capital he has been involved in Mergers and Acquisitions on an international basis. He currently holds a range of Non Executive Directorships in the UK.

Andrew holds an Honours Degree in Accounting and Financial Analysis (Newcastle) and an MBA (LBS), as well as being a member of the Institute of Chartered Accountants (ICAEW).


"En a complex environment and serving different markets with their different peculiarities, he successfully led the project. Without his intervention it might not have been possible".
Xavier Mallafré

"Andrew has been a valued advisor to our organisation for the past decade. He has provided insight and delivered solutions in some extremely complex transactions, as well as helping shape our strategic focus as we have grown. Whilst a seasoned finance professional, Andrew has first hand knowledge of being an entrepreneur which has ensured he understands our operation. With his experience of fund raising and bank finance, he has demonstrated repeatedly that he can deliver for us".
Rob Johnson.
Chairman, Telecom 2 Ltd.

Salvador García-Ruiz

Senior Advisor

Salvador is Senior Advisor at Closa. He has more than 20 years of financial experience in senior management positions in sectors such as health, education, media and banking, where he has worked on numerous corporate transactions.

He began his professional career at McKinsey & Co., and his experience includes Goldman Sachs, Caixa Manresa, CEO of Diario Ara and Managing Director for Spain of the Canadian company Aurora Medicine.

Investor and advisor to companies in the health sector such as Vytrus Biotech and Roka Furadada, he currently advises corporations on strategic, financial and public policy issues.

Salvador holds a degree in Economics from the Universitat Pompeu Fabra (UPF), where he has been an associate professor and is currently a member of the Social Council, and an MBA from NYU Stern.


"His knowledge of ecommerce is amazing. He was always two steps ahead in the process".
Ebenezer Lartey
President, Market Express .

"CLOSA's position was to defend the interests of the management team in a professional, rigorous and loyal manner without being influenced by other interests. Thank you".
CEO, Toni Blasco.

John-Oliver Breckoff

Senior Advisor

John-Oliver Breckoff has been advising companies from various sectors on the topics of strategy development and implementation, strategic marketing, as well as operational excellence, restructuring and transformation management for over 20 years. He began his career in international product management at Beiersdorf AG on various global brands (Nivea, Hansaplast) in Germany and Spain, then as Marketing Project Manager in the ERGO Group (Insurance). After completing his MBA, he switched to management consulting as a senior organizational consultant at AXAS AG and then became co-managing partner of Input AG, a leading Swiss consulting boutique for market-oriented management.

In 2015 he published the book "Price Excellence - Strategies to increase profitability" together with Stefan Michel, professor for service marketing at IMD, Lausanne.

He holds a Law degree from University Hamburg and MBA from ESADE Business School Barcelona. In 2000 he completed an International Management Program at NYU Stern Business School, NYC.


"The sale was carried out in record time and in the foreseen conditions".
Conrado Espi
CEO, Via Conexión.

"I met CLOSA in a process where they were advising the other party. Since then, I consider them to be one of the best professional teams in the investment banking world for their business vision, experience, problem-solving skills and ability to defend the interests of their clients".
Juancruz Alcalde

Jorge Lluch

Senior Advisor

Jorge is Senior Advisor at Closa and is responsible for Closa.Industrials, having concluded more than 100 M&A transactions in the field.

Jorge has more than 30 years of experience in the industrial sector. He currently serves as Founder of Iberwell Aeronáutica and IberAero Consulting, recognized companies in the aeronautical and automotive sector.

Previously he was part of Construcciones Aeronáuticas and ITP Aero and in 2014 he actively participated in the IPO of Applus Services, of which he was SVP Corporate Development, Marketing and Communications for 12 years.

Jorge holds a degree in Aeronautical Engineering (ETISA) and an MBA (IESE).


"Jorge is a person I will always remember, because working with him has been a great experience, both professionally and in terms of the working environment he creates, which motivates you to enjoy the work you are doing, regardless of the difficult moments that always exist. He has a great ability to connect with people, and wherever he goes he leaves his mark".
Manuel Gonzalez Sansegundo
Executive Director of Internal Governance and Media, ITP Aero.

"Jorge has many virtues !!!! I would emphasize above all his eagerness to solve the problems he encounters, his tenacity! And he succeeds !!!! He also knows very well how to work in a team with whom he always shares his successes. Finally, his good humour makes working with him always pleasant. He creates a good atmosphere. I have a lot more to say. Whoever signs him will get it right".
Ernesto Mata
President of the Advisory Board, KPMG.

Joaquín Mir Feliu

Senior Advisor

Joaquín is Senior Advisor at Closa. He is currently leading the Closa. Family Owned Business segment.

Joaquín has extensive experience in advising companies in different sectors, having led numerous corporate transactions not only in Europe but also in LATAM and Asia.

He has been actively involved in the search of financing for Start-Ups via Venture Capital Funds. He endured roles as Senior Advisor at Crea Inversión, Partner at Eurohold, Co-Head of implementation, expansion and development at VR Spain; a firm dedicated to providing advice on Mergers and Acquisitions, as well as Managing Director at Philip Morris International.

Joaquín holds a degree in Economics (UCAB) and an MBA with specialization in Finance and Marketing (Columbia University).


"Great advice on the sale of Ofertia to Mediapost. This was a complex and international transaction involving many demanding players and large companies. The whole team was splendidly led with excellent, goal-oriented work and always aiming for the success of the project".
Thomas Roggendorf
CEO and founder, Ofertia.

"Closa's work during the process of selling the company has been exceptional. They are great professionals, serious and rigorous".
Marcos Luengo
CEO and founder, Adman Media.

Rocío Martínez-Sampere

Senior Advisor

Rocío is Senior Advisor at Closa and expert in public affairs.

She has more than 20 years of experience in the field of economics and public policy. She is currently Director of the Felipe González Foundation, being responsible for the integral management of the foundation. Previously, she was elected deputy for the constituency of Barcelona in the Parliament of Catalonia, serving as spokesperson of the Economy, Budget and Finance Committee, as well as economic advisor to Catalan President Pasqual Maragall.

She has also worked as a professor of Economics at the UOC, has been the Director of FIATC and Grupo Godó, among others, and collaborator in RNE and Rac105.

Rocío holds a degree in Economics and Business Administration (UPF) and a Master's degree in Economics (LSE) and Public Policy & Administration (LSE).

Laia Ortega

Chief Operating Officer

Laia is Chief Operating Officer at Closa.

With more than 15 years of experience in strategic consulting and corporate finance, she started her professional career in the economics and finance departments of institutions such as the European Commission and the College of Europe in Bruges. She has previously worked as a senior consultant and Director at Ineo Corporate - Roca Junyent, where she developed an extensive career in strategic advisory and corporate operations for large corporations, SMEs and startups, both nationally and internationally.

She is also an associate professor at the Faculty of Economics and Social Sciences of the UIC.

Laia holds a degree in Economics (UPF), Msc in Economics (LSE) and Executive MBA (IESE).

Kamal Amade

Associate Director

Kamal is an Associate Director at Closa. Since joining Closa, he has participated in numerous transactions involving the sale and purchase of companies and the raising of financing (equity and debt). He has special skills in quantitative finance and has experience in various sectors such as technology (e-commerce, marketplace, SaaS), logistics and professional services, among others.

He is also an associate professor of Corporate Finance at UPF.

Kamal holds a degree in Investment Management (UP) and a Masters in Corporate Finance and Banking (UPF BSM) and in Entrepreneurship and Innovation (INSA). He has also completed levels 1 and 2 of the CFA Program.

Alejandro Pérez-Ochoa

Senior Analyst

Alejandro is an Senior Analyst at Closa. He started his professional career at BNP Paribas and NOQCA Partners, where he gained experience in corporate finance and investment banking in the industrial, consumer and e-commerce sectors.

Alejandro holds a degree in Business Administration (ICADE).

Daniel Sánchez Català


Daniel is an Analyst at Closa.

Daniel is studying a double degree in Industrial Production Engineering at the Politecnico di Torino and Business Administration at the International University of Catalonia. He has previously completed an internship in the international trade department of the company Agupunt.

Daniel Romances

Integration Manager

Daniel works as Integration Manager at Closa, being involved in communication duties.

He began his professional career in the restaurant sector, forming part of the starred Roca Moo, he also collaborated with gastronomic establishments in the Sants district.

Daniel has attended an Audiovisual Communication course (UIC) and has achived a higher diploma (CETT).

Sheila Urbistondo

Chief Financial Officer

Sheila is Chief Financial Officer at Closa.

Sheila has more than 20 years of experience in the structuring and organization of administrative and financial departments in companies in her field. Previously, she has also participated as an organizer of conferences on the implementation of successful administrative procedures and coaching techniques in the work environment.

Sheila has a degree in Administration and Finance and a postgraduate degree in hotel management from Alfonso X el Sabio (UAX).

Ana Ciocan

Executive Assistant

Ana works as Executive Assistant at Closa.

Her professional career has been developed under secretarial, administrative and logistic positions in Valencia. She has also participated as an organizer of events and medical programs throughout the Spanish territory, and Manager of franchises in Romania.

Ana has a degree in Tourism (UV) and a Master's Degree in MICE and Secretarial work.

Cruces de las Morenas

Executive Assistant

Cruces works as Executive Assistant at Closa Madrid.

She has experience in logistics, customs and tax management, having worked for 15 years as a consultant in foreign trade and logistics in Soluziona and INDRA, working in different international markets worldwide. She is also the founder of CRUCA, her own clothing brand, and works as Quality Manager at Iberwell, a company in the aeronautical sector.

Cruces has a degree in Management Assistant (Escuela Superior de Secretarias), a postgraduate degree in International Trade Management (Madrid Chamber of Commerce), a Master's Degree in Purchasing and International Trade (ICIL) and a Master's Degree in Fashion Design (IED).

Josep Oriol

Business Assistant

Josep Oriol works as Business Assistant at Closa, being involved in administration duties.

He began his professional career in management and administration sector, performing accounting and tax administration tasks.

Josep Oriol has a degree in Business Administration and Management (UB).

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