Fernando Alonso and Uriel A. Mendieta

Hunton & Williams

Fernando Alonso and Uriel A. Mendieta led a Hunton & Williams team advising Banco de Sabadell S.A. and its U.S. subsidiary, Sabadell United Bank, on the bank's $1 billion sale to IberiaBank Corp.

Under the deal that closed last summer, IberiaBank acquired Sabadell United Bank from Banco de Sabadell in a stock and cash transaction merging Sabadell United into Lafayette, Louisiana-based IberiaBank.

Sabadell United had 25 offices in South Florida and three more serving Hillsborough, Sarasota, and Collier counties. As of June 30, Sabadell United had assets totaling $5.7 billion, gross loans of $4.1 billion and total deposits of $4.4 billion. The combined bank has $28 billion in assets.

Alonso has a long history with Sabadell, initially helping the bank expand into the Florida market when he represented the Spanish lender in its $2 billion asset acquisition from Banco Bilbao Vizcaya Argentaria S.A., better known as BBVA, in 2008.

Alonso has been practicing corporate law for more than 25 years and is a leader in international law as chairman of the firm's Latin American practice group. He regularly represents foreign clients on U.S. acquisitions and domestic companies pursuing international expansion.

Mendieta focuses on general corporate representation, including mergers and acquisitions as a partner on the firm's Latin America team.

He also advised a publicly traded U.S. company on its acquisition of operations and expansion into Brazil, an international financial institution on the sale of its money remittance business to a U.S.-based electronic processing and payment platform, and a syndicate of lenders on an asset-based revolving line of credit in Latin America.