In the Brazilian financial services industry, there were 11 M&A deals announced in Q3 2023, worth a total value of $5.9m, according to GlobalData’s Deals Database. The $5.9m acquisition of Agis Corretora by Alper Consultoria e Corretora de Seguros was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2023 unveils the driving forces behind the M&A activities in the industry, providing crucial insights into trends and shifts. Buy the report here.
In value terms, M&A activity in Brazil decreased by 100% in Q3 2023 compared with the previous quarter’s total of $1.8bn and fell by 97% as compared to Q3 2022. Related deal volume decreased by 27% in Q3 2023 versus the previous quarter and was 57% higher than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in Brazil in Q3 2023 were UBS Group; Alvarez & Marsal Holdings; JPMorgan Chase & Co with 2, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Brazil Q3 2023 were Demarest e Almeida Advogados; Machado, Meyer, Sendacz e Opice Advogados; Pinheiro Neto Advogados with 3, 2, 2 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.