
Francisco J. Cerezo
PartnerChair, US-Latin America practice
Chair, Latin America Corporate & Finance
US-Iberian Initiative Co-Leader
Francisco Cerezo serves as Chair of DLA Piper's US-Latin America Practice and Chair of Latin America Corporate & Finance. He focuses his practice on corporate and international matters, advising US and foreign companies, private equity funds, family groups and sovereigns doing business globally and with a focus in the Americas and the Caribbean.
He has extensive experience in corporate and financial services, cross-border transactions, strategic corporate counseling, mergers and acquisitions, private equity, and public-private partnerships. He regularly counsels global companies and private equity funds doing business in the Americas on matters ranging from complex transactions and market entry issues to compliance and general corporate strategic counsel.
Francisco also serves as principal outside counsel to several significant family groups on matters ranging from corporate governance and succession planning to representing their underlying portfolio companies in billions of dollars of transactions, ranging from banking and energy to telecom and retail.
Chambers Global recognized him for Corporate/M&A work and cited for "his impressive client list including leading Latin American companies in industries as diverse as financial services, telecoms and tourism, and he has enjoyed notable highlights."
The Legal 500 United States recognized him in the area of mergers and acquisitions and referred to him as "an excellent lawyer and strategic thinker. His roots and experience in the region and his capacity to foster relations set him apart from his peers."
Hispanic Business Magazine recognized him as one of the "50 Influentials," which profiles 50 of the most influential Hispanics in the United States across industries.
Latinvex recognized him as one of Latin America's Top 100 lawyers, and he was further recognized by the Global M&A Network as one of the Top 50 of Americas M&A Dealmakers in the South America and Latin America Dealmakers categories.
EXPERIENCE
Significant Representations
- The selling shareholders in the sale of one of the largest ecotourism operators in Ecuador
- Represented the owner of a 30 MW hybrid biofuel-coal power plant in the Caribbean in connection with all aspects of the construction through completion of the plant. DLA Piper's efforts on behalf of the client included all aspects of the administration of the engineering, procurement, and construction (EPC) contract, including interactions with the contractor, as well as the contractor's termination, negotiations with subcontractors, and other steps required for completion
- Advised on joint venture arrangements for the joint investment on renewable energy projects in Guatemala and Latin America region
- A Latin American utility in connection with the development of various power generation projects, including wind and solar projects in the Caribbean
- A Vancouver-based integrated forest products company on its acquisition of 70 percent of Swedish-based privately owned sawmill company
- An insurance company in the sale of its Latin American business in Argentina, Brazil, Colombia, Ecuador and Mexico
- A Costa Rican cable television operator in its sale to a multinational telecommunications company
- The purchaser in the acquisition of one of the Caribbean's largest commercial and retail fuel and lubricants operations
- The purchaser in the acquisition of one of the largest utility companies in the Caribbean
- A private equity fund in its joint venture with a global energy company for the establishment of one of the largest retail fuel operations in the Caribbean
- The selling shareholders of one of the leading mobile operators in El Salvador to a global telecom operator
- The selling shareholders of one of the leading mobile operators in Guatemala to a global telecom operator
- A potential buyer in the bid/sales process of one of the largest mobile operators in the Dominican Republic
- The selling shareholders of one of the leading mobile operators in Colombia to a global telecom operator
- The selling shareholders of one of the leading mobile operators in Costa Rica to a global telecom operator
- A broadband network services company in several private placements of its convertible preferred stock
- A Canadian telecom company in the acquisition of a significant equity stake in a leading Colombian mobile operator
- Advising a leading Central American mobile operator on the implementation of its compliance program, including the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act
- A private equity fund in its joint venture with a global energy company for the establishment of one of the largest retail fuel operations in the Caribbean
- The selling shareholders in the sale of one of the largest banks in Ecuador
- The purchaser in the acquisition of one of the Caribbean's largest commercial and retail fuel and lubricants operations
- The purchaser in the acquisition of one of the largest utilities in the Caribbean
- The Government of Puerto Rico, including several instrumentalities, on numerous matters ranging from public-private partnerships and finance to economic development and policy matters
- A Japanese multinational in the divestiture of its Latin American assets
- Latin American holding company in the divestiture of several of its resort properties and in the development of other resorts in the Caribbean
- An investment group in the formation and management of a New York headquartered hedge fund with assets under management in excess of US$1 billion
- A European infrastructure company in a proposed public-private partnership with the Florida Department of Transportation to lease, operate, maintain and receive toll revenues from the 78-mile stretch of I-75
- One of the largest banks in Central America in the sale of 19 percent of its equity to a major US financial institution
- A Spanish media and Internet company in its acquisition of 100 percent of the capital stock of a US consulting company
- A Latin American private equity fund in several acquisitions and strategic investments
- A major Spanish bank in private equity investments throughout Latin America
- A US venture capital firm in numerous private equity investments
- An international travel services company in its acquisition of majority control of one of the largest ecotourism and travel-related services company in Latin America
- A Latin American mobile phone operator in a private equity investment by several international telecom operators
- A large multinational Latin American food group in its acquisition of a candy manufacturer and distributor in the US and in several asset purchases throughout the United States and Latin America
- A European rail company, and its rail services partners in the US and Europe, in compliance with principles of both US and EU law
- A European luxury goods company in a joint venture agreement for the launching of a perfume line
- A venture capital firm in the acquisition of a US toy manufacturer
- Selling shareholders in the sale of a telecommunications company to a private equity fund
- A European industrial and construction products company in its acquisition of a US company
- The seller in the sale of a major subprime mortgage lender to one of the largest banks in the United States
- A broadband network services company in several private placements of its convertible preferred stock
- A significant Latin American publicly traded company in its establishment of a Euro-commercial paper program
- A European financial services institution in the establishment of a Euro certificate of deposit program in the Dominican Republic
- A significant Mexican publicly traded company in its compliance and securities work before the Securities and Exchange Commission (SEC) and New York Stock Exchange
- A major investment bank as underwriter's co-counsel in a multibillion-dollar bond issuance by a state agency
- An online brokerage company in its secondary public offering
- A United States underwriter in a public offering of a banking institution in Puerto Rico
- A major investment bank as underwriter's counsel in certificates of participation issuance
- Spanish
- French
- J.D., Columbia University School of Law
- LL.M., Complutense University of Madrid
Graduate Fellow, Latin American Literature, University of Virginia
B.A., Washington University
Awards
Chambers USA
- Florida, Latin America Investment
Chambers Latin America
- Band 5, International Counsel: Corporate/M&A, (2025)
Chambers Global
- Band 5, Latin America – International Counsel: Corporate/M&A, (2025)
- Foreign Expert, Latin America-wide, USA Corporate/M&A
The Legal 500 Latin America
- Recommended, Latin America International Firms: Corporate/M&A
- Recommended, Latin America International Firms, City Focus: Miami The Legal 500 comments, "Impressed sources report that Francisco Cerezo, 'doesn't take any chances with the quality of the work and provides very high-level support. He is always available and excels not only in terms of legal acumen but also in understanding our needs.'"
Additional Recognitions
- Corporate/M&A, Latin Lawyer 250, (2016 – present)
- Latin America's Top 100 Lawyers, Latinvex, (2015 – present)
- Top 50 – Americas M&A Dealmaker, South America and Latin America, Global M&A Network
- 50 Influentials, Hispanic Business Magazine
- Profiles 50 of the most influential Hispanics in the United States across industries
- Rising Star, International, Mergers and Acquisitions, and Securities and Corporate Finance, Florida Super Lawyers, (2014 – present)
- Notable Practitioner, IFLR 1000
- Florida Trailblazer: Innovators & Thought Leaders, Daily Business Review, (2020)
Thought Leadership
- Featured Q&A, Latin Counsel, July 2020
- Visiting Lecturer, Advanced Post-Graduate Program on Mergers & Acquisitions, Torcuato di Tella University, Buenos Aires, Argentina, (2019 – present)
- "PROMESA becomes law: All businesses in Puerto Rico will be affected," July 5, 2016
- "Argentina: Foreign investors and the coming Macri presidency," December 2, 2015
Seminars
- Speaker, "Sealing the Deal: Expert Strategies for Complex Negotiations," Leaders League Alliance Summit, June 10, 2025
- Panelist, "Challenges Facing Family Businesses," Business Council Alliance for Ibero-America (CEAPI), VIII Ibero-American Congress, June 3, 2025
- Speaker, "Fireside chat: Navigating Geopolitical Realignment and Strategic Competition," Forecast 2025: Cross-border opportunities across the Americas, DLA Piper, May 29, 2025
- Speaker, "Navigating M&A in Latin America – Strategic insights for in-house counsel," Webinar, February 25, 2025
- Moderator, "Navigating shifting tides amid political and regulatory changes," Regional Miami Meeting, The Latin American Corporate Counsel Association (LACCA), December 4, 2024
- Introductory Speaker, Chambers Latin America Awards 2024, November 22, 2024
- Speaker, "Forecast 2025: Opportunities and challenges in the Americas," DLA Piper and Chambers Panel, November 22, 2024
- Panelist, "Bringing the world closer: Cross-border investment opportunities for global markets," October 23, 2024
- Speaker, "What is DLA Piper's LatAm offering and what are the cross-border opportunities?" Internal Webinar, LatAm Week 2024, October 21, 2024
- Moderator, "Island Interconnection as a Foundation for Energy Resilience," ICON Summit, October 15, 2024
- Panelist, "Initial stages of an M&A transaction: Key considerations for legal managers and in-house counsel," September 25, 2024
- Panelist, "Responsible Stewardship of wealth and what does that mean for dynastic structures?" Mexico City Conference, International Bar Association (IBA), September 19, 2024
- Panelist, "Entrepreneurship from the Family Office, from one to multiple companies," Business Council Alliance for Ibero-America (CEAPI), VIII Ibero-American Congress, June 17, 2024
- Speaker, Latin America Private Equity Powerlist Launch Roundtable, The Legal 500 and DLA Piper, April 4, 2024
- Panelist, "Latin America & the UK: Trends and Investment Strategies in a Renewed Relationship," UK Geographies Fortnight, March 20, 2024
- Speaker, "Discussing Dubai – Miami Investment Opportunities and What's on the Horizon," January 31, 2024
- Panelist, DLA Piper's Latin America Panorama, January 24, 2024
- Guest Lecturer, "Search Funds and M&A – Entrepreneurship through Acquisition," MBA Program, Columbia University Business School, Spring 2021
- Speaker and Honoree, Latino Leadership, Annual Master Mind Latino Conference, The European Institute of Efficient Intelligences (IEIE), October 2019
- Panelist, "The Role of Business, Technology and Innovation in Rebuilding Puerto Rico," Our Future Symposium, Florida International University, June 2018
- Panel Moderator, "Cornerstone of Puerto Rico's Recovery," P3 Summit, June 2018
- Panelist, United Nations Latino Impact Summit, November 2017
- Speaker, "Puerto Rico's Crisis and Puerto Rican Diaspora," Albizu University and Ana G. Méndez University System, June 2016
- Panelist, "Cuba: Technology as an Engine of Economic Development," Corporate Counsel Conference, Hispanic National Bar Association, March 2016
- Panelist, "A New Tomorrow, Emerging Issues in US – Cuba Relations,'' University of Pennsylvania Law School Conference, January 2016
- Panelist, ''CUBA: Investment, Trade, and Financial Guarantees,'' Microjuris.com and The Inter-American Federation of Lawyers Conference, November 2015
- Panelist, "Cross-border deals between Latin American and European companies: The untold stories by both in-house and outside counsel who lived through them...and survived," Annual Conference, International Bar Association, October 2015
- Panelist, "Panel Explores Business Opportunities in Cuba," Latin American Business Council (CEAL) Conference, August 2015
- Panelist, "Premiere Entrepreneur Series," Roundtable Discussion and Networking Breakfast, February 2013
- Panelist, Business Advisory Board Roundtable, Daily Business Review, November 2012
- Moderator, "International Forum – Brazil – M&A Report," International Summit, The M&A Advisor, October 2012
- Panelist, Real Estate and Economic Outlook Roundtable, Daily Business Review, December 2011
- Moderator, Latin American Real Estate Opportunity and Private Fund Investing Forum, International Management Network, April 2009
- Speaker, "Spheres of Influence: How Foreign Investors are Impacting South Florida's Economy," Commercial Real Estate Women (CREW) Miami, October 2008
- Panelist, Latin American Corporate Counsel Association Roundtable, Latin Lawyer, Argentina, October 2008
- Panelist, Latin American Corporate Counsel Association Roundtable, Latin Lawyer, Costa Rica, June 2008
- Panelist, Latin American Corporate Counsel Association Roundtable, Latin Lawyer, Mexico, February 2008
Media Mentions
He has been featured or cited in numerous publications, including the American Lawyer, Latin Lawyer, Miami Herald, Financier Worldwide and the Daily Business Review. He is also a regular television commentator on matters of international and corporate law, with appearances on CNN en Español, CNN Headline News and NBC's Today Show.
- Quoted, "US buyers pay highest prices to snap up Spanish property," Reuters, April 10, 2025
- Interviewed, "Francisco Cerezo, from DLA Piper: 'We will continue to invest in key markets such as Mexico and Brazil, developing local talent and strengthening ties with other regions such as Europe and Asia'," Legal Leader, February 3, 2025
- Quoted, "Trump and Latin America: Lawyers Brace for US's Hardline Approach to Region," Law.com, November 26, 2024
- Interviewed, "We are seeing more interest from local customers in getting involved outside Chile," Financial Journal, October 24, 2024
- Interviewed, "Getting The Development Formula Right," Global Finance Magazine, October 11, 2024
- Interviewed, "DLA Piper Appoints Mauricio Valdespino and Edgar Romo as Co-Directors to Strengthen its Office in Mexico. What is Your Regional Strategy?" LexLatin, September 27, 2024
- Interviewed, "Embracing change: 'The legal market in Latin America is undergoing significant generational transitions'," Latin Counsel, September 16, 2024
- Quoted, "DLA Piper Announces New Leadership in Mexico," Legal Leader, September 6, 2024
- Interviewed, "DLA Piper Names Co-Leaders For Growing Mexico City Office," Law360, September 5, 2024
- Quoted, "DLA Piper Announces New Leadership in Mexico," Top Ranked Legal, September 4, 2024
- Quoted, "DLA Piper Announces New Co-Managing Partners in Mexico," Latin Counsel, September 3, 2024
- Interviewed, "Cruise Ship Port Improvements Expected in Caribbean, LatAm Regions," Infralogic, September 3, 2024
- Interviewed, "The strategy behind DLA Piper's expansion in Latin America," Lex Latin, May 20, 2024
- Interviewed, "DLA Piper Bullish on Latin America," Latinvex, May 15, 2024
- Quoted, "Latham, Linklaters Lead 1Q Cross-Border M&A in Latin America," Law.com International, April 5, 2024
- Interviewed, "Global Tensions Stall Cross-Border Deals As Gov'ts Regroup," Law360, April 1, 2024
- Interviewed, "Investing in Latin America: What challenges will governments and companies face in 2024?" LexLatin, December 19, 2023
- Interviewed, "'View From the Top' – An interview with Francisco J Cerezo, Partner, DLA Piper – Chair, US Latin America," Top Ranked Legal, September 2023
- Quoted, "DLA Piper nabs Mattos Filho's New York office head," Latin Lawyer, September 25, 2023
- Quoted, "Passing the torch," Latin Lawyer, August 31, 2023
- Mentioned, "Celebrate your success on the island," The New Day, June 23, 2023
- Quoted, "DLA Piper wins Latin Lawyer's 2023 Deal of the Year award in two categories," Legal Leader, May 25, 2023
- Quoted, "Allen & Overy partner boosts DLA Piper LatAm group," Latin Lawyer, May 25, 2023
- Mentioned, "Firms steer US-Mexico fibre optics buy," Latin Lawyer, May 23, 2023
- Quoted, "DLA Piper Lawyers and Practices Ranked in Latest Edition of The Legal 500 Latin America," CityBiz, October 24, 2022
- Quoted, "DLA Piper Argentina advises Itaú on the acquisition of minority stakes in Uruguayan fintech companies Prex and Paigo," Lawyers.com, April 1, 2022
- Mentioned, "Itaú's Acquisition of a Minority Stakes in Prex and Paigo," Global Legal Chronicle, April 2, 2022
- Mentioned, "Customer empowerment: the expectations of in-house teams versus law firms," LexLatin, March 1st, 2022
- Profiled, "Francisco Cerezo Named to the Daily Business Review's 2020 List of Florida Trailblazers," Daily Business Review, September 10, 2020
- Quoted, "China Seizes Opportunities in Latin America," American Lawyer, January 4, 2017
- Profiled, "Hispanic Attorneys in Miami Rise to Prominence in International Practice," Daily Business Review, July 2016
- Quoted, "A Closer Look At The Latin America M&A Market," Law360, April 25, 2016
- Quoted, "Sound and Fury, Trade Rhetoric From The Political Campaigns Is Causing Heartburn For International Lawyers Who Crave Stability," Focus Latin America, June 2016
- Quoted, "The year ahead: A glimpse at the economic outlook for South Florida," Miami Herald, January 2015
- Profiled, "Francisco Cerezo: 'Overall, Latin America will continue to attract investment'," American Economy, December 2014
- Quoted, "US M&A In The Emerging Markets," Financier Worldwide, December 2013
- Quoted, "Poised for Growth: Identifying M&A Opportunities in Spain," Merrill DataSite White Papers, October 2013
- Mentioned, "Best Practices of the Best Dealmakers: Valuable Guidance from 51 of the Most Active Middle Market M&A Practitioners," (2013)
- Mentioned, "This is Miami: More Than Just a Winter Playground," NBC's Today Show, February 2013
- Quoted, "Law Firm Work Abroad Continues to Grow as Services Battle Trade Sectors," Miami Today, July 2012
- Quoted, "International Appeal Should Continue to aid Miami's Recovery," Miami Today, May 2012
- Profiled, "Top Dealmakers of the Year," Daily Business Review, May 2012
- Quoted, "Latin America Impacts and Links Report," Miami Today, May 2012
- Quoted, "Daily Business Review Business Advisory Board Special Report on the Recovery of South Florida's Economy," Daily Business Review, April 2012
- Profiled, "Twelve to Watch in 2012," Attorney at Law Magazine, January 2012
- Quoted, "Researching a Foreign Market Can Lead to Key Partnerships," South Florida Business Journal, January 2012
- Profiled, "The Fantastic Team," Life and Success, October 2011
- Quoted, "Miami Law Firms Expanding Global Reach," The Miami Herald, September 2011
- Quoted, "Talking Point: M&A in Latin America," Financier Worldwide, September 2011
- Interviewed, "Dealmakers," Daily Business Review, August 2011
PODCASTS
- "Tech, emerging growth and venture capital across the globe: A conversation with Adrián García Aranyos and Matías Zegers," DLA Piper, June 11, 2025
- "Global outlook and the reaffirmed case for Spain: A conversation with Ignacio de La Torre," DLA Piper, February 26, 2025
- "Americas forecast 2025: Opportunities and challenges with Ambassador McKinley," DLA Piper, December 17, 2024
- "From US security & intelligence services to the private sector, navigating and mitigating risk – A conversation with DC Page," DLA Piper, October 17, 2024
- "Deepening ties between the Iberian Peninsula and the Americas – A conversation with Nuria Vilanova," DLA Piper, September 9, 2024
- "Bridges and opportunities between Europe and the Americas – A conversation with Pablo Casado," DLA Piper, July 23, 2024
- "Brazil: A conversation on the landscape of opportunities ahead," DLA Piper, June 14, 2024
- "A former CIA agent on the DLA Piper team | Francisco Cerezo (DLA Piper)," The Legal Podcast, May 9, 2024
- "Economic ties between the UK and Latin America: A conversation with Vincent Keaveny, former Lord Mayor and Sheriff of the City of London and partner at DLA Piper," DLA Piper, March 28, 2024
- "Artificial Intelligence and Latin America, A Brave New World: A conversation with Tony Navarro," DLA Piper, February 8, 2024
- "State of Affairs in Latin America – A conversation with Ambassador Michael McKinley," DLA Piper, January 25, 2024
Memberships And Affiliations
- Council of the Americas
- Consejo Empresarial de América Latina (CEAL)
- Consejo Empresarial Alianza por Iberoamérica (CEAPI)
- American Bar Association
- International Bar Association
- New York State Bar Association
- Florida State Bar Association
Community Involvement
- Board Member, DLA Piper Global Scholarships Programme
- Lawyers for Children America, Inc.
- Columbia University School of Law Alumni Association
- Advisory Board Member, PRxPR