Devesa & Calvo is a national law firm anchored in Alicante, with a clear focus on commercial law for mid‑market companies. Its reported turnover runs into substantial figures, though exact numbers vary by office due to Valencia’s collaboration with a partner firm.
The firm has seen a notable rise in activity, reflected in a robust turnover growth that surpassed the previous year. In 2021, the leadership under David Devesa helped steer a strong performance, continuing a trajectory of rapid expansion that built on gains from 2020. The firm’s overall revenue momentum has continued to double in recent periods, underscoring its capacity to scale with mid‑sized businesses.
The Alicante, Madrid, and Valencia offices form the backbone of Devesa & Calvo, which has recently gained prominence for its involvement in high‑profile mergers and acquisitions. The practice has supported companies through listing preparations on European platforms such as BME Growth and Euronext, with engagements ranging from due diligence to strategic advisory. Recent assignments include advisory projects for ventures positioned for public markets, alongside collaborations with ambitious technology and financial services entities to enable growth trajectories.
The firm’s growth is attributed in part to a focused strategy that concentrates on the mid‑market segment. This emphasis aims to deliver precise, value‑driven guidance to growing companies whose needs may outstrip a generalist law firm’s offerings while not yet requiring a full‑scale multinational approach. The approach is underpinned by a culture of close client collaboration, rigorous attention to operational intricacies, and a commitment to personalized service.
A further driver of success, according to leadership, is building a cohesive firm culture from the top down. Leaders share a unified vision and values, ensuring the organization remains resilient as it expands into new markets and service lines.
Devesa & Calvo supports Embention’s IPO efforts from Alicante
The firm has positioned itself to assist clients on international paths, including Embention’s foray into the Paris market. Its teams anticipate continued growth in 2023, with a dedicated cadre of professionals extending across Madrid and Alicante to sustain double‑digit expansion while handling a rising flow of work in commercial, tax, labor, and procedural matters. The Madrid office continues to foster relationships with funds and financial partners to enable IPOs, restructurings, and mergers.
Recent developments include the strategic decision to extend coverage by opening a new office in Spain’s capital region, reinforcing the national footprint and enabling closer proximity to clients across key markets.