Overview of Latin American M&A Market
The transactional market in Latin America has recorded a total of 1,855 mergers and acquisitions (M&A) worth $65,252 million between announced and closed deals. This represents a 5% decrease in the number of transactions but a 21% increase in their value compared to the same period last year, according to TTR Data and Datasite.
By Country
Brazil leads the region with 1,142 transactions, a 5% increase, and $33,183 million in capital movement from January to August. Chile follows with 225 operations, a 3% decrease, and $4,330 million in value, a 61% drop compared to the same period in 2024.
Mexico drops one rank annually with 176 transactions, a 33% decrease, but sees a 23% rise in capital movement, totaling $15,419 million.
Argentina follows with 163 operations, a 7% increase, and $4,165 million in capital movement, a 23% decrease from the previous year. Argentina and Brazil are the only two countries with positive results in terms of transactions.
Colombia ranks penultimately with a 30% decrease in transactions, totaling 155, but increased capital movement by 77%, reaching $5,611 million. Brazil, Mexico, and Colombia are the only countries with increased capital movement so far this year.
Peru occupies the last place with 84 transactions, a 32% decrease, and $1,658 million in capital movement, a 38% drop.
Cross-Border Transactions and Private Equity, Venture Capital, and Asset Acquisitions
Latin American companies have focused on Europe and North America for cross-border transactions, completing 57 and 56 deals, respectively. Meanwhile, North American and European companies have been the most active in strategic Latin American M&A, with 277 and 246 transactions, respectively.
Private Equity: A total of 102 transactions worth $5,315 million have been recorded, representing a 30% decrease in transactions but a 20% increase in capital movement compared to the same period last year.
Venture Capital: There have been 353 transactions worth $2,852 million up to August, indicating a 21% decrease in transactions and a 9% drop in value compared to the previous year.
Asset Acquisitions: A total of 335 transactions worth $13,305 million have been registered, representing a 1% decrease in transactions but an 84% increase in value compared to the same period in 2024.
Key Questions and Answers
- What is the overall M&A market performance in Latin America in 2025? The region has seen a total of 1,855 M&A deals worth $65,252 million, with a 5% decrease in transactions but a 21% increase in their value compared to the same period last year.
- Which countries are leading in M&A activities? Brazil leads with 1,142 transactions and $33,183 million in capital movement. Argentina follows closely with positive results in transaction numbers.
- How has Mexico performed in 2025 regarding M&A transactions? Mexico experienced a 33% decrease in transactions but a 23% increase in capital movement.
- What are the trends in cross-border M&A activities? Latin American companies have focused on Europe and North America, with 57 and 56 transactions completed in these regions. North American and European companies have been the most active in Latin American M&A.
- How have private equity, venture capital, and asset acquisition segments performed? Private equity saw a 30% decrease in transactions but a 20% increase in capital movement. Venture capital recorded 353 transactions worth $2,852 million, with a 21% decrease in transactions and a 9% drop in value. Asset acquisitions had 335 transactions worth $13,305 million, representing a 1% decrease in transactions but an 84% increase in value compared to the same period in 2024.
