Mergers and acquisitions of companies in Portugal move 12.4 billion until November – O Jornal Económico
The Portuguese transactional market registered, until November, 468 transactions and had a turnover of 12.4 billion euros, with only 47% of the more than four dozen deals having been revealed to the market, according to the most recent report. published by the technological-financial platform Transactional Track Record (TTR) and by the transaction management software company Datasite.
The number of transactions thus registered an increase of 28% in the accumulated result for this year, compared to the same period in 2020, but there was a 32% decrease in the amount of capital mobilized. Last month alone, 45 Mergers & Acquisitions operations were registered, totaling 1.2 billion euros.
The deal highlighted by TTR last month was the sale, by SIBS, of its 25% stake in Via Verde to Ascendi and Brisa. One operation was advised by the law firms VdA and PLMJ.
Spain continues to be the country that invested the most in Portugal this year, with 56 operations. The United States came in second, with 41 operations. North American companies increased their acquisitions in the Portuguese market by 192%, mobilizing 1.5 billion euros in the period under review. The British made 25 purchases.
Unsurprisingly, the technology sector once again led the ranking as the most active, with 94 transactions, with real estate in second place, with 72 operations, and finance (banking and insurance), with a total of 48 transactions, was established. in third place.
“Until November 2021, 35 transactions of private equity with a total of 2.1 billion euros. There was a 2% decrease in the number of transactions compared to the same period in 2020. In venture capital, 103 rounds of investments were carried out with a total of 1.5 billion, representing an increase of 87% in the number of transactions ” , reads the report published this Monday.
Ranking of financial advisors (value and number of operations)
Credit Suisse – €1,755.40 million
Goldman Sachs – 1,683.40 million euros
Barclays – 1,155.40 million euros
Deloitte Corporate Finance – 528 million euros
Lazard and Banco Santander – 3 transactions
Classification of legal advisors (value and number)
Uría Menéndez – Proença de Carvalho – €3,728.65 million
VdA – 3,573.20 million euros
Linklaters Portugal – 1,810.04 million euros
Morais Leitão – 24 transactions
Garrigues Portugal – 21 transactions
SRS Advogados and PLMJ – 19 transactions