Tech M&A Activity in Latin America was robust with 129 seen during the first three quarters of 2024. Both strategic and financial buyers were active with PE firms being the acquirer in 19% of these transactions.

Top buyers included strategic acquirers Selbetti, Vela Software, Senior Sistemas, Serasa Experian, Fleetcor Technologies, and GIC. Selbetti was the most active buyer with 4 deals, followed by Vela Software and Senior Sistemas with 3 deals each, while Serasa Experian, Fleetcor Technologies, and GIC each completed 2 deals.

As transaction values were disclosed in only 12% of deals through September 2024, buyers continued to keep their M&A strategies private. Total disclosed deal values reached $1.8B.