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.

This content was updated on 18 July 2023

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.