TTR In The Press

Capital Aberto

September 2023

International mergers and acquisitions involving Brazilian companies totalled R$ 145 billion up to August.

The number of international mergers and acquisitions involving Brazilian companies amounted to R$ 145.5 billion from January to August.

According to a survey by TTR Data and Tozzini Freire lawyer firm, there were 1,282 transactions. This represents a 27% decrease compared to the same period last year.

In August, there were 151 mergers and acquisitions recorded, both announced and completed. These transactions totaled R$ 16.8 billion.

The sector with the highest number of deals was Internet, Software & IT Services, with 254 transactions.

Next came the Business & Professional Support Services segment, with 197 transactions.

The United States and the United Kingdom, with 108 and 35 transactions, respectively, were the countries that invested the most in Brazil.

Conversely, Brazilian companies also chose the United States as their main investment destination, with 19 transactions, followed by the United Kingdom with seven operations.

In the Private Equity sector, there were a total of 57 transactions, amounting to R$ 17.6 billion. This represents a 21% decrease in the number of transactions compared to the same period in 2022. However, the capital mobilized increased by 28%.

There were also 378 Private Equity investment rounds, 41% fewer than last year, with a total movement of R$ 12.2 billion.

According to Thomas Monteiro, a partner at Olimpia Partners, despite the predominance of operations in the IT and professional services sectors, Brazil is uniquely positioned to benefit from M&A transactions in the agribusiness and energy sectors.

This is primarily due to three factors: its abundant natural resources, favorable climate, and substantial market size.

The operation highlighted by TTR Data in August was the completion of the $2.5 billion sale of Aesop by Natura to L’Oréal.


Source: Capital Aberto - Brazil 


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