Transactional and regulatory work highlights the firm's leading market position
In 2024, Mattos Filho participated in significant deals and regulatory matters involving many different sectors of Brazil’s economy. With the ability to act in complex and high-impact transactions, once again, the firm led the way in various international legal rankings, highlighting our professionals’ expertise.
Despite challenges in recent years, the Brazilian M&A market remained active, even in light of projected increases in the official interest rate (Selic) and international developments with potential domestic impacts.
This outlook should continue during 2025, especially in specific sectors such as infrastructure, agribusiness, and technology, which have marked potential for growth.
The M&A market in Brazil is moving forward cautiously, driven by a need for companies to capitalize and a return of private equity funds to traditional sectors. Business is gathering momentum, with a new wave of significant deals expected in 2025. If these deals complete, they have the potential to unlock other transactions and further boost activity in the market. Though macroeconomic challenges and political uncertainties persist, Brazil's dynamic geography should always present opportunities in M&A
Rodrigo Figueiredo Nascimento
Partner
The number of M&A transactions in the power sector should continue to rise, and we expect the project development area to heat up as well, including in regard to capacity auctions. The number of transactions in the oil and gas sector decreased after a wave of divestments came to an end, yet on the other hand, we still expect to see some significant transactions in terms of size, similar to those we were involved in during 2024 (Brava and PRIO-Sinochem). For the other infrastructure sectors, a series of government auctions for ports and other assets should keep us busy
Giovani Loss
Partner
It was a busy year for the restructuring market in Brazil in 2024 with some big cases, including the judicial reorganizations of Americanas, Light and Oi, Gol's Chapter 11, and Azul's financial restructuring, in addition to several other out-of-court reorganizations, bankruptcies and workouts. Naturally, this resulted in a strong year for our Restructuring & Insolvency practice, which was involved in several of these cases. Also, the special sits and capital solutions funds continued to be very active in 2024. There were many transactions involving the purchase of debt and legal claims, as well as structured financing for debtors in situations of insolvency or pre-insolvency. Due to the current domestic and global economic outlook, we believe 2025 signals an even more intense year in all these segments
Marcelo Ricupero
Partner
