Ranking Tech M&A Latin America
Deals and investments july 2025
Overview of M&A market in LatAm
Latin America’s M&A market recorded 1,591 transactions in the first seven months of 2025, with a total deal value of US $58.8 billion. This reflects a 6% decline in deal volume compared to the same period in 2024, accompanied by a notable 24% increase in total value—highlighting a trend toward fewer but larger and more strategic deals. – In July alone, the region saw 181 transactions worth US $10.55 billion, pointing to a particularly active month.
M&A Tech LatAm overview
July 2025 recorded 14 tech M&A transactions in Latin America—down from June (17) and May (15), and well below the February peak (27). The slowdown suggests a softer start to Q3 after a relatively stable Q2.Trend insight: Tech M&A volume in H1 2025 reached 118 transactions—up 30% from the 91 recorded in H1 2024, signaling a solid recovery in the region’s dealmaking momentum.
LatAm buyers accounted for 43% of tech M&A transactions in July 2025. Foreign acquirers regained majority control at 57%, reflecting renewed cross-border appetite.
Trends by country
Brazil remained the regional leader in tech M&A activity in July 2025, accounting for 58% of all transactions—continuing its dominance despite a gradual decline from earlier in the year. Mexico ranked second with 15%, followed closely by Colombia with 13%, while Argentina captured 8% and Chile 3%.
Trends by vertical industry
Fintech and insurtech led tech M&A activity in July 2025, representing 35% of all transactions. AI, data, and IT services followed closely with 30%, while health & wellness accounted for 10%. Retail & e-commerce captured 5%, and marketing & advertising together with sportstech each held 2.5%.
Deals and investments:
Some of the standout moves shaping current trends:
M&A:
- Confience–Labsoft Tecnologia (LatAm),
- Visma Latam–Talana (Chile/Perú)
- tapi –Arcus, a Mastercard company (México),
- FiT –Neurona Tecnología Financiera (Colombia),
- BigID–illow (Argentina).
Investments:
- Klar (México, US$190M)
- Plata Card (México, US$120M)
- Addi (Colombia, US$35M)
- Avista Colombia (Colombia, US$10M)
- Unblock (Argentina, US$13.5M)
Explore the full report below for deeper insights and a breakdown of tech deals and investments by country and sector.
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