Carey was highlighted in the report M&A in Latin America 2026: A Guide for US & UK Legal Advisors, prepared by TTR Data, as the local firm with the highest number of inbound transactions in Chile – that is, operations with investment from the United States and the United Kingdom – and as one of the most active in Latin America in this segment, ranking fifth regionally by number of operations.
This result comes amid a structural adjustment in the mergers and acquisitions market in the region. During 2025, 2,826 transactions were recorded in Latin America, representing a slight 1% decrease in volume but a 31% increase in value added, reaching approximately US$115 billion. Simultaneously, the average size of transactions grew by 32%, confirming a trend toward larger and more complex deals.
The ranking was constructed from an analysis of inbound buy-side transactions, identifying firms that have consistently been selected to advise international investors on acquiring assets in the region. This approach allows for isolating the most demanding segment of the market—characterized by complex, highly coordinated, cross-border transactions—and distinguishing those firms that act as true entry points for foreign capital in Latin America.
In Chile, the report indicates 272 transactions with an aggregate value of USD 6.84 billion, positioning the country among the most active markets in the region. In the inbound sector, 121 transactions were recorded for USD 5.34 billion, representing a 14% increase in the number of transactions compared to the previous year. The most dynamic sectors were technology—by number of transactions—and natural resources—by value—reflecting the country’s role in industries linked to digital infrastructure, the energy transition, and critical minerals.
In this context, Carey positions itself as the firm with the highest number of inbound transactions in Chile and as one of the most active studios in Latin America in this type of operation, consolidating a practice focused on cross-border transactions and coordination with international firms.
Key trends shaping the development of M&A in the region
The report also identifies three key trends shaping M&A development in the region: increased investment in critical infrastructure linked to the digital economy; the consolidation of corporate structures through controlling acquisitions; and the growing importance of securing supply chains in strategic sectors such as energy, mining, and food.
“In an environment where the market has evolved towards fewer transactions, but of greater scale and sophistication, Carey’s leadership is explained by its experience and execution capabilities in this type of transaction. The fact that the firm tops the ranking in Chile and is among the most active in the region demonstrates a solid and consistent practice in this segment,” stated Jaime Carey.
In this scenario, Carey’s positioning reflects a practice aligned with the main market dynamics, focusing on highly complex operations, strategic industries, and international investment flows to Chile.
