TTR Launches Transactional Impact Monitor: Iberia

Transactional Track Record (TTR), the leading business intelligence platform covering markets of the Iberian Peninsula, Latin America and the Caribbean, has released the first edition of a new Special Report, Transactional Impact Monitor: Spain & Portugal.

The first issue of Transactional Impact Monitor: Spain & Portugal features some of the most prominent dealmakers of the Iberian Peninsula, including partner Duarte Schmidt Lino who describes the immediate and forward-looking impact the pandemic is having on key sectors of the economy.

“For the most optimistic in the tourism and commercial aviation sectors, 2020 is a lost year,” said PLMJ Partner and co-head of Corporate M&A Duarte Schmidt. “Those who are most pessimistic are worried this might be the start of a very long recession.”

“There is a very big unknown here, which is the issue of the pandemic, agreed Schmidt. Will this get under control, or will we, on the other side, see a double dip? If this turns out to be a problem with a quick solution, yes you will have a monetary and fiscal problem alongside the economic, but you will also have many other countries teaming up to solve it as quickly as possible,” he said

However, big law firms are flexible and can adapt, agreed Schmidt. “Having said that, I believe this year will probably be a lost year. Some practice areas will rise to the market needs, the heat chart of the busiest practice areas shifts, but the overall sum will not be what everyone was expecting a month ago, before this Covid-19 impact.”

Transactional Impact Monitor combines local knowledge and market visibility from top dealmakers. It was developed to bring clarity to the transactional market by addressing extraordinary situations affecting the macroeconomic stability and M&A outlook with leading dealmakers in core regions covered by TTR.

Download the complete report below.