In the South and Central America financial services industry, there were 27 M&A deals announced in Q2 2023, worth a total value of $4.7bn, according to GlobalData’s Deals Database. The $3bn acquisition of alphacat managers and validus reinsurance by renaissancere 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 South and Central America increased by 147% in Q2 2023 compared with the previous quarter’s total of $1.9bn and rose by 243% as compared to Q2 2022. Related deal volume increased by 108% in Q2 2023 versus the previous quarter and was 80% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in South and Central America in Q2 2023 were JPMorgan Chase & Co; Alvarez & Marsal Holdings; Evercore with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in South and Central America Q2 2023 were Demarest e Almeida Advogados; Debevoise & Plimpton; Pinheiro Neto Advogados with 3, 2, 2 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.