Q3 2026

Over 60% of sellers in the LATAM Tech space were based in Brazil, making it by far the largest source of targets. Chile accounted for 10% of deals, followed by Mexico at 8%, Argentina at 7%, and Colombia at 5%. The remaining transactions were distributed across smaller markets, with Rest of World accounting for 5%, while Uruguay, El Salvador, and Peru each represented 1% of deals.

Companies based in Brazil accounted for 32% of acquisitions, followed by the US at 21% and Canada at 9%. The UK represented 7% of buyers, while France and Chile each accounted for 4%. Germany represented 3%, while Mexico, Argentina, Norway, and Italy each accounted for 2% of acquisitions. The remaining 12% came from buyers across other countries, while 60% of transactions were cross-border.