1. Deals Analysis
November 26, 2021

Technology industry M&A deals total $522.7m in South and Central America in October 2021

By Carmen

Total technology industry M&A deals worth $522.7m were announced in South and Central America in October 2021, led by B3’s $324.67m acquisition of Neoway Tecnologia Integrada Assessoria e Negocios, according to GlobalData’s deals database.

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The value marked an increase of 231.6% over the previous month of $157.62m and a rise of 123.4% when compared with the last 12-month average of $234.01m.

South and Central America held a 2.09% share of the global technology industry M&A deal value that totalled $24.97bn in October 2021. With a 1.52% share and deals worth $378.69m, Brazil was the top country in South and Central America’s M&A deal value across technology industry.

In terms of M&A deal activity, South and Central America recorded 26 deals during October 2021, marking an increase of 4.00% over the previous month and a rise of 73.33% over the 12-month average. Brazil recorded 15 deals during the month.

South and Central America technology industry M&A deals in October 2021: Top deals

The top five technology industry M&A deals accounted for 98.7% of the overall value during October 2021.

The combined value of the top five technology deals stood at $515.86m, against the overall value of $522.7m recorded for the month.

The top five technology industry M&A deals of October 2021 tracked by GlobalData were:

1) B3 $324.67m acquisition deal with Neoway Tecnologia Integrada Assessoria e Negocios

2) The $144m acquisition of S.A. de and Telefonica Moviles El Salvador by Telefonica Centroamerica Inversiones

3) Locaweb Servicos de Internet $32.65m acquisition deal with Squid Digital Media Channel

4) The $7.45m acquisition of Economatica by TC Traders Club

5) Neogrid Informatica $7.09m acquisition deal with Lett Servicos de Informacao

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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