Dealmaking fell 19% by volume and 29% by aggregate value across Latin America in 3Q23, compared with the same period of 2022, according to a quarterly report published by TTR Data. 

The figures include M&As, private equity, venture capital and asset acquisition transactions. In January-April, there was a 32% year-on-year drop in the number of deals and a 35% decline in the aggregate value.

Brazil was the top dealmaking market of the six Latin American countries included in the study, leading by deal volume and aggregate value in the quarter. In terms of volume, Chile took second place, followed by Mexico, Colombia, Argentina and Peru. 

However, the ranking was slightly different based on aggregate value, with Mexico in second place, followed by Chile, Peru, Colombia and Argentina, in that order.

In Brazil the transactional market saw a total of 1,425 deals and 158bn reais (US$31.2bn) in value year-to-September, down 27.5% and by 35.2% year-on-year, respectively, according to TTR.

In 3Q23 alone, TTR tracked 452 announced and completed transactions for a total value of 57.7bn reais.

Source: Business News Americas / BN Americas - Chile