Carey leads inbound M&A in Chile and ranks top 5 regionally

Carey has been recognized in the report M&A in Latin America 2026: A Guide for US & UK Legal Advisors, prepared by TTR Data, as the local firm with the highest number of inbound transactions in Chile—namely, deals involving investment from the United States and the United Kingdom—and as one of the most active firms in Latin America in this segment, ranking fifth regionally by number of transactions.

This result comes amid a structural adjustment in the region’s mergers and acquisitions market. In 2025, a total of 2,826 transactions were recorded in Latin America, reflecting a slight 1% decrease in volume but a 31% increase in aggregate value, reaching approximately US$115 billion. At the same time, the average deal size grew by 32%, confirming a trend toward larger and more complex transactions.

The ranking is based on the analysis of inbound buy-side transactions, identifying firms consistently selected to advise international investors on acquisitions in the region. This methodology isolates the most demanding segment of the market—characterized by cross-border, complex, and highly coordinated transactions—and highlights firms that effectively serve as entry points for foreign capital into Latin America.

In Chile, the report records 272 transactions totaling USD 6.84 billion, positioning the country among the most active markets in the region. Within the inbound segment, 121 transactions were reported for a total of USD 5.34 billion, representing a 14% increase in deal count year-on-year. The most dynamic sectors were technology—by number of deals—and natural resources—by value—reflecting Chile’s role in industries linked to digital infrastructure, energy transition, and critical minerals.

Against this backdrop, Carey ranks as the firm with the highest number of inbound transactions in Chile and as one of the most active firms in Latin America in this field, consolidating a practice focused on cross-border transactions and coordination with international firms.

The report also identifies three key trends shaping M&A activity in the region: increased investment in critical infrastructure linked to the digital economy; consolidation of corporate structures through control acquisitions; and the growing importance of securing supply chains in strategic sectors such as energy, mining, and food.

"In an environment where the market has evolved toward fewer but larger and more sophisticated transactions, Carey’s leadership is explained by its experience and execution capabilities in this type of deal. The firm’s position at the top in Chile and among the most active in the region reflects a solid and consistent practice in this segment," said Jaime Carey.

In this context, Carey’s positioning reflects a practice aligned with the main market dynamics, with a focus on high-complexity transactions, strategic industries, and international investment flows into Chile.

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