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2026 Edition

Alegalis is a Guatemalan law firm founded in 2002 and based in Guatemala City.  

  

Focusses / specialisms 

The firm has a particular focus on financial and corporate matters. 

  

Key clients 

Key clients of the firm include Grupo RV4, Grupo Capital Buró, Grupo Amaranto, Depósito Aduanero Incorporado, Inteligencia Farmacéutica and Fundación Proyecto Esperanza. 

    

Client Feedback: 32nd edition (2022/2023) 

Private equity 

"Good follow up." 

 

Project development : Infrastructure 

"Senior Partner and associates are very experienced and with attention to details." 

Founded in 2015 as ALTA QIL+4, the firm operates from Guatemala City and became part of Alta Legal in 2021 through a regional alliance with three other firms. Alta Legal provides full-service legal support with a business-oriented approach, combining deep local insight with regional coordination. The firm is particularly recognized for its work in energy, having advised on the development of over 1,500 MW of energy projects in Guatemala. Its financial and corporate team handles complex transactions, including buy-side and sell-side mandates, government financing, and regulatory matters. Alta Legal is known for its innovative mindset, collaborative culture, and commitment to delivering tailored legal solutions that drive business success. 

Highlight 

Alta Legal advised the Republic of Guatemala, through the Ministry of Public Finances, on the placement of its first ESG bond issuance aimed at raising international funds to support key social and environmental initiatives. The proceeds are earmarked for projects focused on poverty and malnutrition eradication, improvements in health and education, and the promotion of employment and sustainable economic growth. Led by Partner Jose Quiñones and Associate Carlos García Sáenz, the transaction marks the largest bond issuance in the country’s history and represents a milestone in Guatemala’s commitment to sustainable development. Its legal innovation lies in aligning sovereign financing with ESG principles, setting a precedent for future public sector funding strategies. 

Testimonials 

“EQUIPO CAPACITADO Y ÁGIL.” (Banking and finance) 

Ignacio Grazioso 

“Escucha, está atengo a comentarios y toma en cuenta las sugerencias, no es cerrado, es proactivo y tiene muy buen criterio.” 

Founded in 1942 in El Salvador, Arias has grown into a top-tier legal institution with offices in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama. Arias offers comprehensive legal services across key practice areas, including banking and finance, mergers and acquisitions, and project development. The firm advises strategic buyers and sellers in complex transactions, as well as borrowers and lenders in loan and credit agreements. With over 120 attorneys and a fully integrated regional model, Arias combines global reach with local expertise to deliver innovative, effective solutions that help clients achieve their business goals. 

Highlight 

Arias advised Holcim on its acquisition of Cemex’s operations in Guatemala, supporting the company’s expansion and commitment to sustainable construction in the region. The firm provided legal guidance throughout the transaction, helping navigate regulatory challenges and ensuring a smooth closing. This deal strengthens Holcim’s market position and reflects its strategic growth in Central America. Arias’s role was key in managing legal complexities and aligning the transaction with broader environmental and business goals. 

Key publishable: Holcim 

Testimonials 

“Their speed in delivering work.” (Banking and finance client) 

Cindy Arrivillaga  

“She communicates with clients transparently and in a fast manner to adapt to client's needs.” 

BLP

BLP is a Costa Rican firm that was founded in 2003. It has a large regional footprint with offices in Guatemala, El Salvador, Nicaragua, Spain and Honduras. The Guatemala practice has one office in Guatemala City.   The M&A practice is regarded for its work with local and international companies in buy and sell-side transactions.  The banking and finance group has experience in cross border deals, project finance and debt restructuring.

Central Law was established in 2003 as an international Central American firm. The firm has a large regional footprint, with offices in Guatemala, El Salvador, Nicaragua, Costa Rica and Panama. The Guatemala practice has one office located in Guatemala City.  The project development team at the firm advises clients on contracts, environmental regulation and legal compliance.  The financial and corporate team at the firm assists clients in restructuring, buying and selling shares and on compliance issues in Guatemala.  

Comte & Font – Legalsa is a Guatemalan law firm founded by Henry Comte and David Font and based in Guatemala City.  

  

Focusses / specialisms 

The firm has a particular focus on financial and corporate matters. 

  

Key clients 

Key clients of the firm include América Móvil, Claro Guatemala (Telgua), Grupo Ultramar, Zenziya, Prolease, Prime Media & Entertainment, Norton Lilly, Compañía Agrícola Industrial Santa Ana, Zuma Pagos and Super Auto Repuestos Acquaroni. 

    

Client Feedback: 32nd edition (2022/2023) 

Asset finance 

"They provide accurate and practical advice to achieve the client's objectives." 

Consortium Legal is a distinguished full-service law firm operating throughout Central America, renowned for delivering exceptional client service. The firm excels in several key industries, including banking, construction and materials, food and beverage, and tourism. In the realm of banking and finance, Consortium Legal primarily advises lenders on loan and credit facilities, with a focus on refinancing and project financing. In mergers and acquisitions (M&A), the firm provides strategic counsel to buyers and sellers involved in asset acquisitions and merger transactions. 

 

Highlights 

The firm advised Banco Industrial and IDB Invest on a $155 million financing deal to build and operate a private road in Guatemala. The complexity of this case arises from the borrower’s decision to execute the project through multiple agreements, each directly created and negotiated with individual contractors, rather than using a traditional EPC agreement. The firm also served as local counsel to JP Morgan Chase Bank in connection with a credit agreement for Campero Inc. The transaction was complex due to its multi-jurisdictional nature. 

 

Key Clients 

Culligan, Imperia Corp, Tigo Guatemala, Citi Bank, Bank of America 

 

Testimonials 

“Excellent service and deep knowledge on subjects” (M&A) 

Deloitte Legal, the legal arm of the global professional services firm Deloitte, has a country-wide presence in Guatemala with lawyers located in the firm’s office in Guatemala City. 

 

Focusses / specialisms 

The firm has a particular focus on financial and corporate. 

  

Key clients 

Key clients of the firm include Mcafee, Cementos Progreso, Paypal, ABT Associates, OHLA, Grupo Carso, Megapharma, Siemens, Fox International Channels and Evonik. 

Dentons Muñoz is the Guatemalan presence of the international law firm Dentons. One of the world’s largest law firms, Dentons is truly a global law firm, with over 190 locations across over 75 countries. 

  

Focusses / specialisms 

The firm has a particular focus on financial and corporate matters. 

  

Key clients 

Key clients of the firm include Biesterfeld U.S., UBS, Wells Fargo, Axa France, Rockwell, Canadian Imperial Bank of Commerce, Rothshild & Co., Puma Energy, GlaxoSmithKline and JCDecaux. 

ECIJA is an Ibero-American law firm with 800 professionals in offices in Europe and Latin America. The firm was founded more than 20 years ago and has continued to expand since then. ECIJA opened its Guatemala office in November 2020 by merging with 23-year-old local firm, Integrum. 

  

Focusses / specialisms 

The firm has a focus in oil and gas and frequently advises large multinational corporations in this area. 

  

Key clients 

Key clients include Puma Energy, Majuand Genepal. 

 

Client Feedback: 32nd edition (2022/2023) 

Project development : Energy 

"Timely advice for business." 

EY Law is a global powerhouse with over 700 offices in more than 150 countries, including Central America. Committed to delivering top-notch insights and services to their clients, the firm excels in the M&A sphere and other corporate practice areas. Their M&A team primarily focuses on representing acquirers, though they also advocate for sellers. Renowned for their financial, corporate, and project development work, EY Law frequently collaborates across borders with other Central American offices. With extensive experience in M&A, the firm adeptly represents both strategic buyers and sellers in acquisitions and general corporate matters. Additionally, EY Law boasts significant expertise in the infrastructure sector. 

 

Highlights 

EY Law’s commitment to helping their clients achieve their business goals is evident as in the case of Baxter International, a leading American medical equipment and services provider. The firm has played a pivotal role in bolstering Baxter International's presence in Guatemala. A long-time client of the firm, EY Law regularly offers their essential legal services for a variety of matters. They also regularly advise Prosegur, a Spanish security services firm, managing all legal procedures and overseeing the corporate, commercial and daily processes throughout Central America.  

 

Key Clients 

Kimberly Clark Limitada, Prosegur, Bayer, Danziger, SOIN Guatemala, Baxter International, Office Depot Corporation 

Latin Alliance was founded in 1990. The firm has a presence throughout Central America, with offices in Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica. Ruth Olivares is the head of the corporate department in Guatemala.   

  

Focusses / specialisms 

The firm advises on corporate finance, loans, M&A, due diligence and corporate incorporation.   

  

Key clients 

Clients for the firm include, Alutech Guatemala, Yobel SCM Logistics and BANRURAL. 

LegalPlus is a Guatemalan law firm based in Guatemala City but with an external office in Hong Kong.  

  

Focusses / specialisms 

The firm has a particular focus on financial and corporate matters. 

  

Key clients 

Key clients of the firm include Osigu, Vana, Pacifiko.com, Monkey Foods, Hybrico, Hydro Systems, Mode Aviation, Maspor Marine, Zuntex Apparel and Tedi Media. 

    

Client Feedback: 32nd edition (2022/2023) 

Financial services regulatory 

"Extremely effective, time conscious and proactive with their work, great work ethics." 

 

Private equity 

"Great work ethic, diligent and efficient with all matters. They resolve issues with creativity." 

Lexincorp has offices throughout the Central American region, including El Salvador, Honduras, Nicaragua, and Costa Rica and Guatemala.  

 

Focusses / specialisms

The financial and corporate team at the firm advise both borrowers and lenders in the financial industry. The team advises clients on corporate governance and provides ongoing advice on loan structures.  

 

Key clients

Key clients for the firm include, Terrum Desarrollos, Thor Capital, Eólico San Antonio El Sitio and Ingenio La Unión. 

 

Client feedback: 31st edition (2020/2021)

Restructuring: Corporate

"Keep up with work to be done, are very confidential."

Since its founding in 1966, Central American law firm Mayora & Mayora has expanded to Guatemala, Honduras, and El Salvador. Based in Guatemala City, the firm is part of the LexMundi alliance and is highly regarded in financial and corporate practice areas, particularly banking, finance, and M&A. It advises lenders on loan and credit agreements, handles debt capital markets work, and represents underwriters in bond issuances. In M&A, it primarily represents strategic buyers. The project development team is active in the construction and energy sectors. 

 

Highlights 

The firm advised their clients on a variety of complex confidential matters involving multiple jurisdictions. 

 

Key Clients 

AMSPEC Group, Bolsa de Valores Nacional de Guatemala, Grupo Montecristo, Eductrade, Tarjetas Cuscatlán 

 

Testimonials 

“Showed profound experience on the matter and provided tailored guidance for a smooth execution.” (M&A) 

"This firm has wide knowledge and experience regarding the securities market, both nationally and internationally.” (M&A) 

“I appreciate Mayora's comprehensive understanding of corporate law and their ability to navigate complex legal issues with expertise. Their team is highly knowledgeable and responsive, providing tailored solutions that address our specific needs. What stands out is their commitment to excellence and the personalized attention they offer, ensuring that we feel supported and informed throughout the process. Their deep industry insights and proactive approach have been invaluable in guiding our business decisions.” (Restructuring) 

Sfera Legal was established in 2012. The firm is located throughout Central America, with offices in Costa Rica, Honduras, El Salvador, Nicaragua and Guatemala. The firm also has a US office in New York. 

   

Focusses / specialisms 

The banking and finance team is known for its work with international finance institution, and the firm is also strong in M&A. 

  

Key clients 

Key clients include TIGO and Banco G&T Continental. 

 

Client Feedback: 32nd edition (2022/2023) 

Banking and finance 

"Experience in similar processes, preventive vision about contingencies, negotiation support" 

Latamlex is a Central American firm with offices in Costa Rica, Honduras, El Salvador, Nicaragua and Guatemala.  

 

Focusses / specialisms 

The firm advises both local and international companies on a range of corporate matters. It frequently advises lenders in banking transactions under Guatemala law. 

 

Key clients 

Key clients include Banco Aliado and Comerzbank. 

53 results53 results
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Deal Highlights
27 results27 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Banco Industrial SA - Bond Issue
2021-01-01
Hogan Lovells Cadwalader
Guatemala
Bond issue
Banco Industrial SA
Issuer
Webhelp SAS - M&A
2021-07-13
Latham & Watkins
Guatemala
M&A
Webhelp SAS
Buyer
One Equity Partners LLC - M&A
2021-07-13
Greenberg Traurig
Guatemala
M&A
One Equity Partners LLC
Seller
Inter-American Development Bank - Financing
2020-09-01
Arias
Guatemala
Financing
Luis Pedro Del Valle
Inter-American Development Bank
Lender
International Finance - Financing
2020-09-29
Arias
Guatemala
Financing
Jorge Luis Arenales
International Finance
Lender
FMO - Financing
2020-11-01
Arias
Guatemala
Financing
Jorge Luis Arenales
FMO
Lender
Catholic Relief Services - Financing
2020-05-01
Arias
Guatemala
Financing
Luis Pedro Del Valle
Catholic Relief Services
Lender
IDB Invest - Financing
2020-09-01
Arias
Guatemala
Financing
Luis Pedro Del Valle
IDB Invest
Lender
Blue Orchard Microfinance Fund - Financing
2020-12-01
Arias
Guatemala
Financing
Luis Pedro Del Valle
Blue Orchard Microfinance Fund
Lender
Inter-American Investment - Financing
2020-11-01
Arias
Guatemala
Financing
Jorge Luis Arenales
Inter-American Investment
Lender
Scotia Leasing - Financing
2021-02-25
Arias
Guatemala
Financing
Luis Pedro Del Valle
Scotia Leasing
Borrower
SUCDEN AMERICAS - Securitisation
2021-02-25
Mayora & Mayora
Guatemala
Securitisation
Claudia Pereira
SUCDEN AMERICAS
Issuer
Central America Bottling Corp - Bond Issue
2022-03-01
A&O Shearman
Guatemala
Bond issue
Citigroup, JP Morgan Chase
Underwriter
Multinational Investments & Projects - Project finance
2022-02-26
Mayora & Mayora
Guatemala
Project finance
Claudia Pereira
Multinational Investments & Projects
Project developer
Banco Azteca; Banco Industrial SA; Citibank NA; Banco Compartamos; Banco Davivienda; JPMorgan Chase Bank; Banco de Occidente De Panama; Banco Cuscatlan; Bolsa de Valores Nacional de Guatemala - Financing
2022-02-26
Mayora & Mayora
Guatemala
Financing
Claudia Pereira
Banco Azteca, Banco Industrial SA, Citibank NA, Banco Compartamos, Banco Davivienda, JPMorgan Chase Bank, Banco de Occidente De Panama, Banco Cuscatlan, Bolsa de Valores Nacional de Guatemala
Lender
Sucden Americas Corp - Derivatives
Mayora & Mayora
Guatemala
Derivatives
Claudia Pereira
Sucden Americas Corp
Clearing house
Millicom International - M&A
2021-11-12
Consortium Legal
Guatemala
M&A
Sofía Escriba 
Millicom International
Acquirer
Faes Farma - M&A
2021-03-08
Consortium Legal
Guatemala
M&A
Sofía Escribá
Faes Farma
Acquirer
Brookfield Asset Management - M&A
2021-01-20
Arias
Guatemala
M&A
Jorge Luis Arenales
Brookfield Asset Management
Acquirer
Blue Orchard Microfinance Fund - Financing
2021-04-20
Arias
Guatemala
Financing
Luis Pedro del Valle
Blue Orchard Microfinance Fund
Lender
1
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2
By Firm
9 results9 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
A&O Shearman
1
0
Arias
Guatemala
15
0
Consortium Legal
Guatemala
2
0
Gibson Dunn & Crutcher
1
0
Greenberg Traurig
1
0
Hogan Lovells Cadwalader
1
0
Latham & Watkins
1
0
Mayora & Mayora
Guatemala
4
0
Skadden Arps Slate Meagher & Flom
1
0
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