Looking at sellers by geography, 55% were from Brazil, followed by Mexico at 15%, Chile at 9% and Argentina at 6%. Other noteworthy countries include Colombia, Panama, Paraguay, El Salvador, Peru and Costa Rica. 

As for the buyers, 24% were based in the US, followed by Brazil at 17%, Canada at 13% and Mexico at 7%. Acquirers headquartered in the United Kingdom and Norway each represented 6% of total transactions. Dealmaking remained highly international with 72% of transactions being cross-border.