The Latin American transactional market recorded a total of 173 mergers and acquisitions in January 2025, with an aggregate value of USD 2.385 billion, according to the latest report from TTR Data and Datasite. These figures represent a 23% decrease in the number of transactions and a 51% drop in value compared to January 2024.

Brazil continues to lead the regional ranking with 102 transactions, despite a 28% decrease in volume and a 62% decline in mobilized capital (USD 924 million). Chile follows with 25 transactions, showing a 7% decrease in volume and a 60% drop in value (USD 758 million) compared to the previous year.

Argentina stands out as the only country registering an increase in M&A transactions, with 15 deals (a 36% increase) and a 184% rise in mobilized capital (USD 186 million). Colombia experienced a 33% decrease with 14 transactions and a 96% drop in mobilized capital (USD 25 million).

Peru increased its activity with 12 transactions (a 20% decrease), but saw a 172% increase in deal value (USD 102 million). Mexico recorded the lowest number of transactions with 9 deals (a 55% decrease), yet experienced a 254% increase in mobilized capital (USD 560 million).

In the Private Equity segment, nine transactions were recorded, while Venture Capital saw 21 deals. Notably, Venture Capital transactions decreased by 57% during 2025. According to TTR, the deal of the month was Cementos Progreso’s acquisition of Cemex Dominicana.

Source: The Latinamerican Lawyer