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Chile is Latin America’s third largest M&A market, with 367 deals worth US$13.3 billion in 2024. Chile recorded 367 M&A deals worth about US$13.3 billion in 2024, behind only Brazil and Mexico. The country holds Latin America’s deepest private equity market, anchored by AFP pension funds and the state agency CORFO. The Startup VC builds […]

M&A in Brazil hit BRL 187.8 billion across 1,142 deals through August 2025, the largest deal market in Latin America. Foreign buyers now drive 41% of Brazil’s deal value. Most acquisitions close in three to six months. CADE clears about 95% of filings, and deals over BRL 750 million need its antitrust approval before closing.

Colombia closed 161 M&A deals in 2024, up 18% year over year, with disclosed value above US$5.9 billion. M&A in Colombia spans share and asset deals across banking, energy, software, and infrastructure. Foreign buyers can own 100% of a Colombian SAS. Deals above roughly US$22.8 million need antitrust clearance from the SIC before closing. The

Mexico is Latin America’s second-largest M&A market, with 359 deals worth US$17.06 billion recorded in 2024. Buyers and sellers complete Mexican deals using share or asset purchases. The CNA reviews large mergers, replacing COFECE in 2025. Foreign investors may own 100% of most companies and pay 25% or 35% capital gains tax. The Startup VC

Latin America’s SaaS market reached USD 21.4 billion in 2024 and grew 23%, the fastest of any region. The region recorded 219 tech M&A deals in 2025, up 25% from 2024, with software leading. Private SaaS companies trade near 4.8x to 5.3x ARR, while strong retention and growth can push multiples to 12x. The Startup

Country risk premiums add 1.1% to 9.7% to LatAm equity returns, above the US base of 4.23%. Damodaran’s January 2026 data sets the US base equity risk premium at 4.23%. Country risk premiums then range from 1.10% in Chile to 9.71% in Argentina. Brazil adds 3.24%, Mexico 2.46%, and Colombia 2.85% to the cost of

EBITDA multiples in Latin American M&A run 4x to 12x in 2026, with a 6.7x services median. EBITDA multiples in Latin America averaged 6.7x for services firms in 2025, down from 8.5x a year earlier. Chile prices near 9.7x, Brazil near 7.2x, and the region closed 2,650 deals worth about US$96 billion. The Startup VC,

Tax advisory firms in Latin America trade at 8x to 12x EBITDA when recurring revenue tops 70%, above the 6.7x regional median. Buyers acquire a tax advisory firm in Latin America by valuing recurring compliance revenue, structuring partner rollover equity of 5% to 20%, and managing client concentration below 15%. Latin America recorded 2,650 M&A

Buying a corporate secretarial services company in Latin America taps recurring entity revenue in a USD 12.9 billion global market. A corporate secretarial firm handles company formation, registered agent duties, and compliance for client entities. Buyers value these firms on recurring entity revenue. Multi-country platforms sell for 6x to 12x EBITDA. Vistra acquired Biz Latin

Buying a payroll company in Latin America gives you recurring revenue and sticky client contracts, in a regional EOR market worth about USD 235 million in 2025. Latin America’s payroll and EOR sector is consolidating fast. The global payroll services market will reach USD 18.24 billion by 2030, up from USD 12.94 billion in 2024.