TTR In The Press
Bloomberg Línea
August 2023, Daniel Salazar Castellanos
Number of M&As In Latin America Falls By 20% In First Half
Venture capital outlays have reduced by 34% in volume to July, while Brazil remains the most active market, followed by Chile and Mexico
Bogotá — Amid a business landscape marked by high inflation and strong interest rates, the mergers and acquisitions (M&A) market continues to suffer in Latin America, while segments such as venture capital remains subdued.
According to the latest monthly report by TTR Data and Datasite, an estimated total of 1,757 M&A transactions took place win Latin America to July, for an aggregate amount of $45.30 billion, a 20% drop, while the volume of capital invested in deals contracted by 34% compared to the same period in 2022, according to the report.
In July alone, there were a total of 206 M&A deals, among announced and closed, for an aggregate amount of $6.76 billion.
Which countries lead the M&A scene?
By number of transactions, Brazil is the most active market in the region with 1,075 transactions (a decrease of 30%), and capital mobilized for $25.23 billion, down 38% on first-halft 2022.
Brazil is followed by Chile with 223 transactions (up 21%) with a combined value of $48.99 billion (down 23%)
Source: Bloomberg Línea
