Publications
Brazil - October 2014
October 2014
Are you a TTR Subscriber?
Please log in to ttrdata.com to gain access to free reports and exclusive client discounts.
In October, the Brazilian transactional market registered 63 deals, both announced and closed, compared with 78 recorded in the same period last year. The investment volume generated this month was BRL 17,93bn, taking into account deals with disclosed values. In the last ten months, January to October, a total of 651 transactions were registered; 96 were investments made by venture capital funds.
This month 64,5% of all transactions with disclosed values, were for amounts inferior to BRL 200m. On the other hand, in the period between January and October, 73,3% of the deals were of this type, generating approximately BRL 11,2bn.
US-based acquirers were the most active, in October, with seven acquisitions registered, and followed by Spanish acquirers with three. On the other hand, Brazilian companies chose to carry out their acquisitions in Chile, Peru, Colombia and France.
In the private equity sector, a total of 59 deals were recorded so far this year, generating approximately BRL 15,7bn. The retail and distribution sector received most of the investments. Regarding the venture capital segment, 96 investments were carried out in the last ten months, which generated approximately BRL 1bn.
The Brazilian capital markets registered the first IPO conclusion this year, through an issuance by Ourofino of primary and secondary shares. The offer generated BRL 363,46m, with a price per share of BRL 27.
TTR’s highlighted deal, was the acquisition of Dudalina, through a merger. The company’s economic value disclosed in the appraisal report was approximately BRL 1,75bn.
Sponsored by:
Dudalina - Clothing manufacturer.
Financial Advisors
Legal Advisors
