Mexican Mergers and Acquisitions Drop 44% by May; Software Industry Leads Transactions

Web Editor

June 9, 2025

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Overview of the Mexican Mergers and Acquisitions Market

As of May 2025, Mexico has seen a total of 88 mergers and acquisitions (M&A) deals, both announced and closed, amounting to a combined value of $4.8 billion. This represents a 44% decrease in the number of transactions and a 16% reduction in their total value compared to the same period last year.

May 2025 M&A Activity

In May alone, 16 transactions were recorded, totaling $2.264 billion, according to the latest monthly report from TTR Data.

Sectoral Analysis

By sector, the software industry has been the most active in May with a total of 12 transactions.

Cross-Border Investments

Mexican companies have primarily invested in Argentina (5 transactions) and Colombia (4 transactions). Argentina leads in terms of investment value, with a total of $1.237 billion.

Meanwhile, the United States and Spain have been the countries most active in acquiring Mexican companies, with 22 and 5 transactions, respectively.

Private Equity, Venture Capital, and Asset Acquisitions

The report has counted a total of 3 private equity transactions worth $55 million. This represents an 89% decrease in the number of transactions and an 89% reduction in their value compared to the previous year.

  • Venture Capital: There were 28 operations valued at $500 million, a 24% decrease in the number of transactions but a 13% increase in total value compared to May 2024.
  • Asset Acquisitions: A total of 14 transactions were recorded, worth $145 million. This indicates a 60% decrease in the number of transactions and an 81% reduction in capital mobilized compared to May 2024.

Key Questions and Answers

  1. What is the current state of Mexican mergers and acquisitions? By May 2025, there have been 88 M&A deals worth $4.8 billion, representing a 44% decrease in transactions and a 16% reduction in their total value compared to the same period last year.
  2. Which sectors are most active in Mexican M&A? The software industry has been the most active sector in May 2025, with 12 transactions.
  3. Where are Mexican companies investing cross-border? Mexican companies have primarily invested in Argentina (5 transactions) and Colombia (4 transactions), with Argentina leading in investment value at $1.237 billion.
  4. Which countries are most active in acquiring Mexican companies? The United States and Spain have been the most active countries in acquiring Mexican companies, with 22 and 5 transactions, respectively.
  5. How have private equity, venture capital, and asset acquisitions performed?
    • Private Equity: There have been 3 transactions worth $55 million, an 89% decrease in the number of transactions and their value compared to the previous year.
    • Venture Capital: There were 28 operations valued at $500 million, a 24% decrease in the number of transactions but a 13% increase in total value compared to May 2024.
    • Asset Acquisitions: A total of 14 transactions were recorded, worth $145 million. This indicates a 60% decrease in the number of transactions and an 81% reduction in capital mobilized compared to May 2024.