GlobalData, a leading data and analytics company, has revealed its global league tables for top 10 legal advisers in South & Central America by value and volume for H1 2021 in its report, ‘Global and South & Central America M&A Report Legal Adviser League Tables H1 2021’.

According to GlobalData’s M&A report, a total of 485 M&A deals were announced in the sector during H1 2021, while deal value for the sector increased by 270% from $20bn in H1 2020 to $74bn in H1 2021.

Top advisers by value and volume

Pinheiro Neto Advogados was the top legal adviser for mergers and acquisitions (M&A) in South & Central America for H1 2021 by both value and volume, having advised on seven deals worth $11bn.

Mattos Filho Veiga Filho Marrey Jr e Quiroga occupied the second position by both deal value and volume with seven deals worth $10.6bn.

GlobalData lead analyst Tokala Ravi said: “In the legal adviser category, there was tough competition between Pinheiro Neto Advogados and Mattos Filho Veiga Filho Marrey Jr e Quiroga for the top spot, as both advised on seven deals, however, the former took the lead by a mere ~ $0.3bn.

“The billion-dollar merger of Hapvida Health System with Notre Dame Intermedica was instrumental in influencing the rankings by value. Interestingly, the top five advisers by value and three advisers by volume, were involved in this deal.”

Lefosse Advogados occupied the third position in terms of value with four deals worth $9.6bn, followed by Madrona Advogados with three deals worth $9.3bn, and Souza Mello e Torres Advogados with two deals worth $9.2bn.

Machado Meyer Sendacz e Opice occupied the third position in terms of volume with seven deals worth $2.6bn, followed by Demarest Advogados with seven deals worth $138m, and Barros & Errazuriz Abogados with six deals worth $1.5bn.

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.

To ensure further robustness to the data, the company also seeks submissions from leading advisers, through adviser submission forms on GlobalData’s website.