Legal notice

Legal Notice


This web miweb is property of Akerton Partners S.L., with NIF B85790475, domiciled in Paseo de la Castellana, 15, 28046 – Madrid, and with e-mail (IN ADVANCE THE OWNER)
makes available in his web site certain contents of informative
character on his activities. These general conditions govern solely and exclusively
the use of the website of the OWNER by users who access it. The present general
conditions are exposed to the USER in the web site in each and
every one of the pages, so that he reads them, prints them, files and accepts
through internet and is fully informed.
Access to the website of the OWNER implies unreserved acceptance of these
general conditions of use that the USER claims to understand in full. The USER
undertakes not to use the website and the services offered on it for activities
contrary to the law and to respect at all times the present general conditions.

1.1.- The use of the website of the OWNER, does not imply the mandatory
registration of the USER. The conditions of access and use of this website is
strictly governed by the law and the principle of good faith, the user commits to
make good use of the website. All acts that violate the legality, rights or interests
of third parties are prohibited: the right to privacy, data protection, intellectual
property, etc. Expressly THE OWNER prohibits the following:
1.1.1.- Perform actions that may produce on the website or through it by any
means any kind of damage to the systems of the OWNER or third parties.

1.1.2.- Carrying out without due authorization any type of advertising or
commercial information directly or covertly, sending mass mailings (“spaming”) or
sending large messages in order to block network servers (“mail bombing”)
1.2.- THE OWNER, may discontinue at any time access to your site if it detects a
use contrary to law, good faith or these general conditions, see clause five.

SECOND.- CONTENTS.-The contents included in this website have been
elaborated and included by:
2.1.- THE OWNER using internal and external sources so that the owner is only
responsible for the content developed internally.
2.2.- THE OWNER reserves the right to modify at any time the contents on its
website. THE OWNER does not ensure or take responsibility for the proper
functioning of links to third party websites that appear in In
addition, through the website of the OWNER are made available to the user free
and paid services offered by third parties and that will be governed by the
conditions of each of them. THE OWNER does not guarantee the truthfulness,
accuracy or timeliness of the content and services offered by third parties and is
expressly exempt from any liability for damages that may result from the lack of
accuracy of these contents and services.

3.1.- THE OWNER will in no case be responsible for:
3.1.1.- The failures and incidents that may occur in communications, deletion or
incomplete transmissions so that there is no guarantee that the services of the
website are constantly operational.
3.1.2.- For the production of any type of damage that the USERS or third parties
could cause in the web site.
3.1.3.- Of the reliability and veracity of the information introduced by third
parties in the web site, either directly or through links. The owner will collaborate

and notify the competent authority of these incidents at the time it has reliable
knowledge that the damage caused constitutes any kind of illegal activity.
3.2.- THE OWNER reserves the right to suspend access without notice at its
discretion and on a permanent or temporary basis until the effective
responsibility for any damage that may occur. Also, THE OWNER will collaborate
and notify the competent authority these incidents at the time it has reliable
knowledge that the damage is any kind of illegal activity.

content, programming and design of the website is fully protected by copyright, is
expressly prohibited any reproduction, communication, distribution and
transformation of those elements protected unless express consent of the
OWNER. The materials both graphic and written sent by users through the means
that are made available on the website are the property of the user who claims to
send their legitimate authorship and gives the rights of reproduction and
distribution to the OWNER.

FIFTH – JURISDICTION AND APPLICABLE LAW.- These general conditions are
governed by Spanish legislation. They are competent to resolve any controversy
or conflict arising from these general conditions, the USER expressly renouncing
any other jurisdiction that may correspond.

SIXTH.-In the event that any clause of the present document is declared null and
void, the remaining clauses will remain in force and will be interpreted taking into
account the will of the parties and the very purpose of the present conditions.
THE OWNER may not exercise any of the rights and powers conferred on this
document which does not imply in any case the waiver of them unless expressly
recognized by the OWNER.

Cristina Armijo

Cristina has a bilingual degree in Business Administration from CUNEF.

In 2018 she began her professional career at Inicia Corporate providing financial advisory services to different companies.

A year after graduating, she joined Banco Santander in the investment banking area, in the Global Transaction Banking Continental Europe department.

In 2020, she joined Ahorro Corporación in the department of mergers and acquisitions (M&A).

In 2021, she started working in the Financing department at Akerton Partners.

Alice Cadet

Alice holds a degree in Franco-Spanish Business Administration from the universities of ICADE and NEOMA Business School, specializing in Corporate Finance. She has completed financial courses in Spain and France.

In 2017 she joined Teva Pharma‘s financial department offering accounting services, payment and collection management, and operational flow analysis.

In 2018 she joined the M&A team of SD Partners as a financial analyst, in which he performs valuation tasks of technology startups and industrial property, search for financing and operations of mergers, acquisitions and spin-off.

In 2020, she joined the Corporate dept of Akerton Partners.

Olga González

Olga holds a degree in Bilingual Economics from the University of Oviedo. After completing her studies in July 2019, she joined an estate administration in Gijón where she worked in accounting, payment management, taxes and customer service.

At the end of 2019 she joined the Forensic department at Akerton Partners.

Arantxa Jiménez

Arantxa holds a degree in English Philology from the University of Alcalá de Henares. She has completed several accounting and finance courses at CEF and various language courses such as French or Italian.

In 2000 she joined the Fiat Group in Spain, becoming part of Fiat Ibérica, head of the Group in Spain.

In 2005 she joined Bergé Automotive Logitics where she carried out much of her work in the area of road transport insurance.

In 2013 she joined Akerton Partners.

Borja Hernández

In 2008 Borja began his career at Cajamar Bank as a private banking manager. In 2011, he joined the administrative department of Akerton Partners, S.L.In addition, he supports the different lines of business of the company (Back Office).

In 2017 he became part of the team of Annu Inversiones, S.L., where he participated in various transactions of assignment of receivables, loans and debt purchase.

Alberto Barquín

Alberto holds a degree in Business Administration and Management from the Carlos III University of Madrid, additionally he holds a Master’s degree in Higher Accounting from the U.N.E.D and a Master’s Degree in Business Administration and Management with a specialization in sports entities by the Polytechnic University of Madrid. Accredited with CAFI and EIP certificate required by MFID II for advice on complex investment products issued by the Institute of Stock Studies (IEB).

For two years he studied to be part of Inspector’s State Body for Financial Studies in Madrid. In 2012 he began his working career at Akerton Partners as a consultant in the financing department.

In 2016 he joined BBVA as a financial advisor in Commercial Banking, managing portfolios of private clients and SMEs, analyzing and managing financing operations, overdue risks and collective investment products.

In 2019 he returned to Akerton Partners to be part of the financial advisory team.

Juan Carlos Pomar

Area Manager

Juan Carlos holds a degree in Economics and Business Sciences with specialization in Auditing from the Complutense University of Madrid. In addition, he holds an MBA from the Instituto Empresas Madrid.

Juan Carlos began his career at Coopers & Lybrand in 1990 where he was responsible for clients in the commercial, service and Real Estate sectors.

In 1998 he joined Madritel (Auna’s Group subsidiary) as Administration and Accounting Manager where he led the implementation of the accounting processes and criteria and participated in the ERP common model definition (SAP) Chart of accounts and Administrative Manual of the Group.

In 2002 he moved, along with the Auna Group, to Barcelona as Administration and Accounting Director. There he was responsible for the integration processes of six of the cable operators of Auna.

In 2003 he returned to Madrid as Systems and Process Manager where his role was to determine, develop and implement ERP (SAP) Group improvements.

In 2005 France Telecom Group acquired Auna, and Juan Carlos continued as Systems and Process Manager, a role in which he was responsible for the process integration project of Amena, Auna and France Telecom Spain, and, later, Orange and (2007). He was also responsible for data migration and the new ERP (SAP) definition, collaborating on the economic budget (salary reviews, training, promotion, etc.) and acting as its representative on different committees of the Group.

He joined Ambers&Co in August 2008, and since July 2009, has been at Akerton Partners where he has participated in multiple financial projects for a group of companies across a range of sectors as well as the launch of the Lending platform.

José Luis Sanchidrián

Head of Public Incentives and Forensic

José Luis holds a degree in Economics and Business Sciences from the CEU San Pablo. He is registered as Auditor of Accounts on the Official Register of Auditors of Accounts (ROAC) , accredited to the SEC as Auditor of Listed Companies in the USA, and is a Real Estate Agent (API). He has experience leading consultancy and audit teams in projects at large companies.

In 1994 he joined Deloitte where he spent most of his professional career being responsible for financial auditing projects for national and international companies, financial consulting, review and internal control design (SOX), IPO processes, due diligence, business valuations, assessment on obtaining public incentives. He has experience across all sectors principally technology, media, telecommunications and energy (TMT – Energy). He has built up this experience and areas of expertise as a result of his last 8 years at Deloitte.

In 2009 he joined Akerton Partners as head of the Forensic department, a team responsible for the preparation of expert reports, economic estimation reports, advice on the application of accounting principles and the carrying out of Financing Due Diligence.

In recent years, he has produced various expert reports, such as judicial and judicial expert reports, which have been ratified in Courts of First Civil and Commercial Instance, Provincial Hearings, Higher Courts of Justice, Court of Auditors and the High Court.

He is also responsible for the Public Incentives department, the processing of R+D+i assistance and investment projects made by companies in all sectors.

Cristina Nieto

Head of the Financing Area

Cristina holds a degree in Business Administration and Management, with a major in Finance from CUNEF (part of Complutense University of Madrid). She has also completed an Executive MBA from ISEM Fashion Business School (part of University of Navarra). She has worked, while living in the United States (2012-2019), as a guest lecturer at the University of Texas, under the “Transportation Systems Management” program led by Dr. Walton to present the basic principles of financing transportation infrastructure projects.

In 2007 she joined the Project Finance Department of Cintra (Grupo Ferrovial) where she was responsible for Treasury. Within this role she acted as Project Finance Manager for several projects in Spain and Portugal.

In 2012 she moved to the United States (New York and later Austin) to develop new business opportunities as a Director, bidding and closing several projects across various states such as Virginia (US 460), Texas (North Tarrant segments Express 3A 3B) and North Carolina (I-77 Hot Lanes).

In 2015 she joined Miami-based VINCI Concessions (VINCI Group), as Head of the Project Finance Department for North America, bidding and closing the company’s first contract in Saskatchewan Province (Bypass Regina) as well as prequalifying and bidding on several projects in other jurisdictions (George Massey- Vancouver, South West Stoney Trail- Calgary, Gordie Howe-Detroit/Windsor or Purple Line-Maryland).

In 2017 she moved back to Austin as Director, joining PFM Financial Advisors, as Municipal Financial Advisor (Series 50) to develop PPP (Public Private Partnerships) projects advising different Departments of Transportation (Indiana Finance Authority, University of Georgia or Texas Department of Transportation, among others).

In 2019, she joined Akerton Partners as Head of the Financing Department.

Francisco Camacho

Founder and CEO

Francisco holds a degree in Economics and Business Sciences with specialization in Auditing from the Complutense University of Madrid, Advanced Direction programme in INSEAD (Fontainebleu). He has carried out financial courses in Spain, France and the USAC. He has also been a teacher and speaker at several universities, in addition to giving lectures. He is also a member of the REA, ICJ.

In 1984 he joined Arthur Andersen as Industrial Business Manager where he was responsible for several projects in both auditing and consulting.

In 1993 he joined Alstom as CFO and Council Secretary, working as Head of Finance and Advisor to several of the group’s companies in Canada, Mexico, France and Spain. Additionally, he was responsible for real estate projects in Spain, global cash flow, and financing projects in various countries.

In 2000 he joined Auna as Administration and Finance Director where he was responsible for various financing and debt restructurings, achieving in 2004, along with his team, the award for the best refinancing of the year (4.500M€), an award given by the magazine Euromoney.

In 2005 he was made CFO of the Auna Group, culminating in the sale of the Group to France Telecom (the mobile phone business) and to ONO (the fixed-line business) for € 12,800M. In 2006 he was appointed CFO Purchasing Director of Orange Spain by France Telecom Group.

In 2007 he was given the award for financial excellence in the category “Best financial manager of the year” by the Spanish Association of Financial and Corporate Treasurers (ASSET). This award aims to highlight actions implemented by the CFO of a company and their original financial solutions that have contributed to the success of the financial departments within a company and had an impact on the company’s performance.

In 2008 he founded the financial advisory firm today known as Akerton Partners.