Snapshot: LatAm dealmaking in January-November

Dealmaking in Latin America continues to trend up.

In January-November, the region’s six main dealmaking markets – Brazil, Mexico, Chile, Colombia, Argentina and Peru – saw total aggregate value rise 125% to US$136bn and number of deals grow 39.4% to 3,152.

Value was disclosed for around half of the deals, according to a report from research firm Transactional Track Record (TTR).

In terms of number of deals, venture capital has been a key growth driver. This type of deal was up 49% to 929 transactions and accounting for US$16.9bn of the overall January-November total, up 243% year-over-year. Investors, chiefly foreign players, have been drawn by the region's vibrant startup ecosystem.  

In January-October the overall number of deals in Latin America grew 39.5% to 2,817 as total aggregate value rose 130% to US$126bn, TTR said. Value was disclosed for 1,374 deals. 

A similar trend was seen earlier in the year. In January-August, the region saw 2,084 deals, with value disclosed for 1,031 and totaling US$100bn. Number of deals was up 36.9% and value 176%.

Activity was impacted in 2020, particularly in the first half, by COVID-19 uncertainty and sanitary restrictions.

Brazil is Latin America’s biggest dealmaking market, holding a wide lead over second-placed Mexico. 

TOP SIX DEALMAKING MARKETS IN JANUARY-NOVEMBER

Brazil 

Deals: 2,222 (up 51% year-on-year)
Aggregate deal value: US$86.75bn (up 145% year-on-year), based on 1,119 transactions of disclosed consideration.

Mexico

Deals: 344 (up 26% year-on-year)
Aggregate deal value: US$16.9bn (up 59% year-on-year), based on 182 transactions of disclosed consideration.

Chile

Deals: 300 (up 44% year-on-year)
Aggregate deal value: US$16.3bn (up 145% year-on-year), based on 169 transactions of disclosed consideration.

Colombia

Deals: 196 (up 35% year-on-year)
Aggregate deal value: US$11.1bn (up 150% year-on-year), based on 94 transactions of disclosed consideration.

Argentina

Deals: 173 (up 27% year-on-year)
Aggregate deal value: US$12bn (up 524% year-on-year), based on 96 transactions of disclosed consideration.

Peru

Deals: 100 (up 11% year-on-year)
Aggregate deal value: US$3.79bn (up 261% year-on-year), based on 43 transactions of disclosed value.