Latham Ranked Top International M&A Advisor in Latin America

Latham & Watkins was named the top international M&A advisor in Latin America by deal volume in 2024 according to Latinvex. During the year, Latham advised on 30 deals that announced in the region worth a combined US$14.5 billion. This is the second-straight year Latinvex has recognized Latham as Latin America’s leading M&A advisor highlighting the firm’s position as the go-to firm in the region.

Latham’s transactions include advising:

• Grupo Financiero Galicia, the largest private financial group in Argentina, on the US$550 million acquisition of HSBC’s Argentina business, which includes more than 100 branches and provides banking, asset management, and insurance services.
• Energy Capital Partners in its US$2.555 billion take-private acquisition of Atlantica, a sustainable energy infrastructure company with significant operations in Chile, Colombia, Mexico, Peru, and Uruguay.
• Softys in its acquisition of the Brazilian business activities which develops, manufactures, commercializes, and distributes diapers and pants for the baby care market from Ontex Group NV.
• Amber Energy in its pending US$7.3 billion acquisition of PDV Holding, Inc., the parent of CITGO Petroleum Corporation (CITGO). The transaction was the largest announced M&A deal in Latin America in 2024.
• Apollo on its US$600 million investment to acquire a 50% interest in a joint venture entity related to the Vale Oman Distribution Center (VODC) from Vale S.A. VODC operates a maritime terminal in Sohar, Oman, with a large deep-water jetty and an integrated iron ore blending and distribution center with a nominal capacity of 40 Mtpy.
• Almar Water Solutions and Transelec on the acquisition of a 144-kilometer seawater impulsion system from Minera Centinela.