In the Brazilian payments industry, there were 4 M&A deals announced in Q2 2023, worth a total value of $96.5m, according to GlobalData’s Deals Database. The $94.5m merger of grupocard and movilway group and granito solucoes em pagamentos was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Brazil increased by 286% in Q2 2023 compared with the previous quarter’s total of $25m. Related deal volume increased by 300% in Q2 2023 versus the previous quarter.
The top-ranked legal advisorss supporting these M&A deals in Brazil Q2 2023 were Bronstein, Zilberberg, Chueiri & Potenza Advogados; Demarest e Almeida Advogados; FM/Derraik Advogados with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.