Ranking Tech M&A Latin America
Deals and investments February 2025
Overview 2026 – M&A market in LatAm
Latin America’s transactional market recorded 280 M&A deals between January and February 2026, reaching a total value of US$14.38B, according to TTR Data and Datasite. While deal volume declined 43% year-on-year, total value increased 59%, reflecting a market increasingly driven by fewer but significantly larger transactions.
M&A Tech LatAm overview – Feb ’26
Tech M&A activity in Latin America recorded 15 transactions in February 2026, representing a 7% increase compared to January and signaling a modest rebound after the slower start of the year. While deal flow remains below the peaks observed in 2025—such as February (27 deals) and September (25 deals)—activity continues to reflect a selective acquisition environment, where buyers prioritize strategic capabilities, market expansion, and technology integration.
Trend insight: The market remains active but disciplined, with companies increasingly pursuing targeted acquisitions to accelerate growth and strengthen competitive positioning across the region.
Trends by country
In February 2026, Brazil remained the dominant market, accounting for 59% of total transactions across M&A and venture investments in the region. The country continues to concentrate the largest share of activity, supported by strong deal flow in fintech, SaaS, AI, and digital infrastructure.
Argentina ranked second with 16% of total transactions, driven by activity in fintech, HR tech, and proptech, while Mexico and Colombia followed with 11% each, reflecting continued investor interest in financial infrastructure and cross-border fintech solutions.
Chile represented 3% of the region’s activity, maintaining a more selective deal environment.
Trends by vertical industry
Fintech & Payments remained the dominant sector, accounting for 41% of total transactions, driven by continued investment in financial infrastructure, credit platforms, and cross-border payment solutions across the region.
AI, Data and Enterprise Software followed with 34%, reflecting strong demand for automation, analytics, and vertical SaaS platforms across industries ranging from energy and education to enterprise productivity.
Meanwhile, PropTech, Logistics & Mobility, and HealthTech maintained smaller but relevant shares of activity, highlighting ongoing digital transformation across real estate, supply chains, and healthcare services.
Explore the full report below for deeper insights and a breakdown of tech deals and investments by country and sector.
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