Newsletter

By: Alejandro Rosales Mayr After a decade tilting left, the pendulum has swung decisively. Across the region, voters in Argentina, Ecuador, Bolivia, Chile, Colombia, Costa Rica, Honduras, and Peru have backed more market-oriented leaders, parties, or platforms promising stronger growth, greater security, and better governance. In Argentina, Ecuador, Bolivia, and Honduras, the shift was especially pronounced: voters rejected state-led economic models in favor of greater integr

Chile's M&A market is institutionally anchored, and more predictable than most of its regional peers. The 2025 transaction set reflects that profile: enterprise SaaS roll-ups, critical infrastructure, and large-cap healthcare, with cross-border buyers from Norway and Brazil leading on disclosed value.

This is the fifth report in Frontera Capital Advisors' six-part Latin America M&A series. Prior posts covered the regional overview, Brazil, Mexico, and Colombia. This post examines Argentina's specific market dynamics, the structural characteristics that define deal-making in the country, and the outlook for 2026.

Colombia's M&A market in 2025 demonstrated resilience where it might have buckled: large-cap foreign capital continued to commit to infrastructure concessions, banking consolidation advanced despite a challenging policy environment, and the energy transition generated meaningful domestic deal flow. The market is institutionally anchored — but it is navigating a post-political reset and an election cycle that will define the investment backdrop for the next several years. This

By: Raymond A. Pérez National Capitol Building, Havana, Cuba The boats are still – but that can change at the drop of a regime. Washington has managed Cuba through the same framework for sixty years. The results are documented and unremarkable. But before we proceed, let’s be clear – the Cuban government failed its people. If we are looking to assign blame, we have enough evidence. Sixty-seven years is sufficient evidence. The embargo, a strategy that came in response to

Angel of Independence, Mexico City Mexico's M&A market remained resilient through 2025, with a value uptick driven by high-conviction transactions in manufacturing, energy, financial services, and infrastructure. The structural thesis underpinning deal activity — nearshoring, the energy transition, and Mexico's deepening integration with North American supply chains — is not a short-cycle phenomenon. It is reshaping the country's corporate landscape in ways that will generate

Rio de Janeiro, Brazil Brazil is Latin America's dominant M&A market by volume and value — and by most measures, the most structurally distinct. Where cross-border deals define deal flow across the rest of the region, Brazil's market is anchored by a robust domestic transaction base. That distinction shapes every dimension of how the market is analyzed and how deals are executed. This is the second post in Frontera Capital Advisors' six-part Latin America M&A series. The regi

By: Raymond A. Perez The DeLorean is ready and Washington is turning the key. The only question is – where is it heading? Venezuela holds the world’s largest proven oil reserves (303b barrels) substantial gold deposits, and meaningful reserves of bauxite, iron ore, diamonds and other emerging critical minerals that has attracted the attention of every major mining house and sovereign interest from Beijing to Brussels. The treasure is real. And so is the risk that the Venezu

Latin America's M&A market closed 2025 with deal value rising 18% to US$119.8 billion despite lower volume. Frontera Capital Advisors examines the macro backdrop, cross-border activity, six structural investment themes, and the risks shaping deal-making across the region in 2026.

Latin America and the Caribbean enter 2026 with modest but improving macroeconomic conditions, though growth remains constrained by structural and external headwinds. Regional GDP growth is expected to remain muted, with forecasts clustering in the low-2 percent, supported by easing inflation, gradually improving financial conditions, and resilient commodity prices, particularly for metal and food exporters.