德安华（Kroll）：2025年巴西并购交易及估值报告（英文版）（18页）.pdf

1、2025InsightsBrazil TransactionsLearn Executive Summary2 -5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,00020182019202020212022202320242025USAEuropeAsiaLatAmMiddle EastAfrica3#of TransactionsM&A Market OverviewWorld and LatAm Perspective40.43739.21935.92343.74242.20738.15836.29944.634Euro

2、pe40.6%Asia 25.4%Africa 0.7%Middle East1.4%LatAm5.5%USA26.4%M&A Global2025Brazil54.7%Colombia6.0%Argentina7.0%Chile7.1%Mexico11.6%Others13.6%M&A LatAm2025Sources:Mergermarket,S&P Capital IQ,Mergers and Acquisitions Blog and Kroll analysisM&A Market OverviewBrazilIn 2025,M&A activity in Brazil regist

3、ered 1,341 transactionsa 5.9%decrease when compared with the same period of 2024(1,426 transactions).Most active sectors include technology(software/IT),financial services,energy,food and beverages,and healthcare equipment and services.Sectors to watch:mining(traditional and new materials),energy(re

4、newables/energy transitions related),environmental management,infrastructure(including concessions/privatizations),water/sewage and logistics.4OverviewSources:Mergermarket,S&P Capital IQ,Mergers and Acquisitions Blog and Kroll analysis731 837 775 831 833 995 1,100 1,627 1,543 1,400 1,426 1,341 14.5%

5、-7.4%7.2%0.2%19.4%10.6%47.9%-5.2%-9.3%1.9%-5.96%201420152016201720182019202020212022202320242025#Announced Transactions 20142025#of TransactionsVariation% 11184125116126112114107127141123140114139128798984100108129120130121202420255M&A Market OverviewBrazilNumber of Announced TransactionsStrategic v

6、s.Financial BuyerSources:Mergermarket,S&P Capital IQ,Mergers and Acquisitions Blog and Kroll analysisNational vs.Foreign InvestorsOrigin of Foreign Investors30.5%69.5%15.4%84.6%1.5%5.3%5.8%18.0%33.0%36.4%AustraliaLatAmCanadaOthersUSAEuropeQ2:252 transactionsAvg:84 transactionsQ1:381 transactionsAvg: