The Latin American transactional market recorded a total of 1,062 mergers and acquisitions, both announced and completed, in the first half of 2026, for an aggregate amount of USD 49,107 million, according to the latest report by TTR Data in collaboration with Datasite and Aon.
These figures represent a 30% decrease in the number of transactions and a 6% decrease in their value, compared to the figures recorded in the first half of 2025.
Private Equity y Venture Capital
In the first half of 2026, a total of 71 private equity transactions were recorded, of which 18 have an aggregate non-confidential value of USD 10,014m, which represents a 14% decrease in the number of transactions and a 102% increase in their value, compared to the same period in 2025.
Regarding the venture capital segment, in the first half of the year 174 transactions have been carried out, of which 150 have an aggregate non-confidential value of USD 2.318m, which represents a decrease of 38% in the number of transactions and an increase of 13% in the capital mobilized, in year-on-year terms.
Meanwhile, Colombia drops one place in the ranking with 79 transactions (a 28% decrease) and a 62% increase in its mobilized capital (USD 7.03 billion). Finally, Peru sees a decrease in activity with 47 transactions (a 23% decrease), but registers a 431% increase in its mobilized capital (USD 4.177 billion).
Asset Acquisition
In the first half of 2026, a total of 273 asset acquisition transactions were recorded, of which 140 had an aggregate non-confidential value of USD 7.586 billion. This represents a 2% decrease in the number of transactions and a 36% decrease in their value compared to the same period in 2025.
Transaction ranking by country
In 2026, by number of transactions, Brazil led the ranking of the most active countries in the region with 593 deals (35% decrease) and a 15% increase in capital mobilized (USD 32,557m), year-on-year, which makes the country, along with Argentina, Colombia, Mexico and Peru, among the countries with positive results in the region.
Meanwhile, Chile moves up in the rankings, with 163 transactions (a 13% decrease) and a 13% decrease in capital mobilized (USD 3.595m). Argentina follows in the rankings, with 129 transactions (a 5% decrease) and a 38% increase in value (USD 4.672m) compared to the same period last year.
Meanwhile, Mexico drops in the rankings with 118 transactions, representing a 19% decrease in the number of transactions and a 21% increase in their value (USD 10.911 billion) year-over-year. Colombia, for its part, registers 91 transactions (a 29% decrease) but a 50% increase in capital mobilized (USD 7.230 billion).
Peru, for its part, has registered 58 transactions (a decrease of 21%) and an increase of 313% in its mobilized capital (USD 4,337m), compared to the first half of 2025.
Cross-Border Scope
In the cross-border sphere, the investment appetite of Latin American companies abroad stands out until the first half of 2026, especially in Europe and North America, where 42 and 22 transactions have been carried out, respectively.
Meanwhile, the companies that have carried out the most strategic transactions in Latin America come from North America, with 163, Europe (146), and Asia (37).
