Peru’s M&A market shrinks in Q1 2025: deal volume down 39%
The Peruvian transactional market has registered in the first quarter of 2025 a total of 25 mergers and acquisitions, between announced and closed, for an aggregate amount of USD 202m, according to TTR Data’s quarterly report.
These figures represent a 39% decrease in the number of transactions and a 64% decrease in their value, compared to the same period in 2024.
In terms of sectors, the software industry has been the most active of the year, with a total of four transactions, a decrease of 20% compared to the same period last year.
Despite the quarter’s shrinkage, key law firms were ranked the most active. In the TTR data ranking of legal advisors, by value, Miranda & Amado Abogados and Payet, Rey, Cauvi, Pérez Abogados lead with USD 102.21m.
For the first quarter of 2025, TTR Data has selected Banco Santander’s acquisition of CrediScotia Financiera as a highlight transaction, with Payet, Rey, Cauvi, Pérez Abogados representing Scotiabank Perú in the deal.
Payet, Rey, Cauvi, Pérez’s team was led by partners Susan Castillo, Vanessa Watanabe and David Kuroiwa, along with associates Carla Sinchi, Paula D’Medina and Fernando Díaz.
On the Due Diligence side, the transaction was advised by Miranda & Amado Abogados.
By number of transactions, Rodrigo, Elías & Medrano Abogados leads with 4 transactions in the first quarter of 2025.
