By Helder Fonseca, Partner, GVM Advogados, member of the DRT Alliance.
The global geopolitical landscape and uncertainties stemming from the Trump administration are prompting a drastic reallocation of global portfolios, and the Brazilian Mergers and Acquisitions (M&A) market is a direct beneficiary of this flight to emerging markets.
The recent surge in foreign participation in Brazilian M&As—rising from 31% to an impressive 41% of total transaction volume in 2025, totaling BRL 110 billion—is no statistical anomaly. It is a strategic repositioning of capital in search of resilient assets.
Let’s be brutal in our analysis: international capital is not coming to Brazil out of altruism or merely for its domestic consumption potential. It arrives because local assets, when viewed through the lens of hard currencies, are priced at attractive discounts and, crucially, generate real cash flow in sectors where global players need backing.
The Foreign Capital Compass: Why Brazil has become a Value Haven for M&A.
