Corporate and M&A: High-end in Brazil

BMA Advogados

Recommended for its ‘technical excellence and availability‘, the corporate and M&A practice at BMA Advogados acts for a variety of blue-chip clients – both buyers and sellers – in big-ticket transactions across a broad range of sectors, including healthcare, insurance, logistics and real estate. The group has a strong track record in innovative deals, and has recently advised on first-of-a-kind acquisitions in the football segment. Focused on M&A, corporate reorganisations and corporate law matters, Rafael Calabria in Rio jointly leads the department with São Paulo-based Roberto Dias Carneiro, who in addition to business transactions also advises public listed entities on CVM regulations and shareholder disputes. Monique Mavignier handles buy and sell-side public M&A and private equity deals. Amir Bocayuva Cunha is another name to note for M&A, joint ventures, contract negotiations and corporate disputes. In addition to public M&A, Ana Paula Reis assists with corporate governance issues and corporate restructurings. Paulo Cezar Aragão has recently advised on multi-billion-dollar M&A deals in the real estate and healthcare segments.

Responsables de la pratique:

Rafael Calabria; Roberto Dias Carneiro


Autres avocats clés:

Paulo Cezar Aragão; Monique Mavignier; Amir Bocayuva Cunha; Ana Paula Reis; Luis Loria Flaks; Thiago Pinho


Les références

‘Two aspects in particular differentiate BMA from others. The first and most important thing is to feel the client’s pain and fight for the best result. They always present correct, out-of-the-box solutions and are always one step ahead. The other aspect is the quality and care with which they deliver results.’

‘All professionals are of excellent quality and the partners remain in the project until the end.’

‘BMA has provided global service to the company I work for. And it surprises in all areas. It should be highlighted, and it is impressive, the fact that the firm is providing highly complex work with efficiency and excellence in various areas of law.’

Principaux clients

Bradesco SegurosSulAmérica


Raia Drogasil S.A.


Grupo Comolatti


ULTRACARGO LOGÍSTICA S.A.


Coritiba Foot Ball CluB


Toro Participações S.A.


Globo Comunicação e Participações S.A.


Bluefit Academias de Ginástica e Participações S.A.


Companhia de Navegação Norsul


Sul América


UBS


culligan latam ltda.


Virgo Fundo de Investimento em Participações Multiestratégia


Klabin S.A.


Sompo Seguros S.A.


Fleury S.A.


XP Malls


Principaux dossiers


Cescon Barrieu

Cescon Barrieu ‘has specialised and qualified professionals to deal with diverse and complex legal issues‘ in the context of high-value M&A transactions at the national and international level. Its impressive workload features takeovers, mergers, corporate restructurings and high-value acquisitions and sales in a wide range of industry sectors, such as education, energy, food and beverages, and sports. A leading authority in this market, founding partner Maria Cristina Cescon has a strong track record in industry-first transactions on behalf of major financial investors, public listed companies, privately held corporates and PE funds. She leads the practice alongside Marcos Flesch and Ronald Herscovici, who in addition to their strong M&A background advise on corporate governance issues. M&A, joint ventures and corporate reorganisation are among Darkson Delmondes Galvão‘s key areas of focus. Eduardo Lanna is a name to note for deals in the power sector, while Luciana De Castro Mares Torres is particularly active in the energy, retail and agribusiness spaces. Senior associate Maria Julia Argollo shines on matters concerning public companies, often advising on governance issues, M&A and corporate restructuring.

Responsables de la pratique:

Maria Cristina Cescon; Marcos Flesch; Ronald Herscovici


Autres avocats clés:

Darkson Delmondes Galvão; Eduardo Lanna; Luciana De Castro Mares Torres; Fernanda Montorfano; Marina Carvalho Faro; Maria Julia Argollo; Gabriel Mariano


Les références

‘Highly qualified team, eager to support the client with quality and at the speed required by the process.’

‘Marina Carvalho Faro: great ability to create intelligent solutions in an agile timeframe. Good communication with the client about the risks and points of attention in transactions and processes.’

‘The level of multidisciplinary expertise, seniority and availability of service is impressive!’

Principaux clients

AES Brasil Energia S.A.


Ambev


Appian Capital Advisory LLP


B3 S.A. – Brasil, Bolsa, Balcão


Banco BTG Pactual S.A.


Brookfield Asset Management


Camil Alimentos S.A.


Canada Pension Plan Investment Board -CPPIB


Centrais Elétricas Brasileiras S.A. –Eletrobras


Copa Energia


CVC Capital Partners


EDP – Energias do Brasil S.A.


Encora Holdings Limited


Smartfit


Enel Brasil


Equatorial Energia


Grupo Edenred


Hypera S.A. (previously Hypermarcas)


Inspired Education


JBS


Natura Cosméticos S.A.


Petro Rio


Suzano S.A.


Gafisa S.A.


Neoenergia S.A


Valmet O.J.


White Martins / Linde


Principaux dossiers


  • Advised EDP – Energias do Brasil S.A. on the transaction by means of which EDP – Energias de Portugal completed the public tender offer over EDP Brasil’s shares.
  • Advised Dori Alimentos S.A. on its sale to Ferrara Candy Company.
  • Advised CVC Capital Partners on the acquisition of 44.47% of the share capital of DFS Holding S.A.

Demarest Advogados

A ‘very experienced firm in the M&A segment‘, Demarest Advogados is home to a ‘high-performance team, extremely capable of solving complex and multidisciplinary issues in a timely manner‘. With extensive experience in both domestic and cross-border transactions, the group advises multinational corporations and private equity firms active in a range of industries, from agribusiness, to energy and consumer goods. Co-head Ana Carolina Botto Audi focuses on PE and venture capital investments, acting for a range of blue-chip clients. Fellow co-leader Thiago Sandim stands out for his wealth of experience in unsolicited takeover bids. Also at the helm of the practice, José Setti Diaz handles a mix of M&A deals and corporate reorganisations, with a particular focus on the agribusiness, chemicals, life sciences, mining and retail sectors. He will succeed corporate and M&A specialist Paulo Coelho da Rocha as managing partner in April 2025. Luciana Cossermelli Tornovsky is another notable practitioner in the field of M&A, joint ventures and corporate governance. The team has been further strengthened by the arrival of João Busin, the former corporate and M&A co-head at TozziniFreire Advogados, in May 2024. Marcelo Peloso stands out at the associate level for his involvement in M&A, PE deals, corporate reorganisations and foreign investments.

Responsables de la pratique:

Ana Carolina Botto Audi; José Setti Diaz; Thiago Sandim


Autres avocats clés:

João Busin; Paulo Coelho da Rocha; Luciana Cossermelli Tornovsky; Thiago Maia; Marcelo Peloso


Les références

‘Demarest has great commitment to clients and very high technical knowledge.’

‘Very experienced firm in the M&A segment with a highly qualified team. It is a full-service firm, with a structure to support all areas of law. With this, it is able to meet all client demands in an M&A transaction.’

‘Partner Thiago Sandim is distinguished by his seniority and experience. Thiago still maintains a hands-on approach, with direct involvement in cases. Highly recommended.’

Principaux clients

GIC


Syngenta


L Catterton


Syntagma Capital


Bayer


Softbank


CCR


Aqua Capital


Machado Meyer Sendacz e Opice Advogados

Offering legal support to an impressive client roster comprising Brazilian and international companies, financial investors, governmental entities, pension and investment funds, Machado Meyer Sendacz e Opice Advogados excels in big-ticket transactions at the domestic and international level. Its varied workload features public M&A, PE deals, joint ventures, asset divestments and privatisations in a wide range of industries, including financial services, retail, education, agribusiness, mining, telecoms and energy. The practice is under the joint leadership of Arthur Bardawil Penteado, who handles a combination of domestic and cross-border M&A, PE and corporate restructuring matters, and Guilherme Bueno Malouf, whose expertise covers share and asset deals, mergers, joint ventures and PE investments. Corporate law, governance and M&A specialist Adriana Pallis is a key point of contact for public listed and private companies, which also regularly turn to Mauro Cesar Leschziner for legal advice. Ivandro Maciel Sanchez Junior heads up the Latin American and Iberian desks, assisting several Spanish, Portuguese and Latin American clients with their investments in Brazil.

Responsables de la pratique:

Arthur Bardawil Penteado; Guilherme Bueno Malouf


Autres avocats clés:

Adriana Pallis; Mauro Cesar Leschziner; Elie Sherique; Ivandro Maciel Sanchez Junior; Mariana Meditsch


Les références

‘Respect for deadlines and excellent quality in analysis are strong points.’

‘The firm stands out mainly for the wide range of services offered to clients and the experience of the partners and team who work in transactions. In the M&A deals in which I worked together with the firm, the participation of areas adjacent, such as tax, litigation and environmental, was of great importance’

‘Mauro Cesar Leschziner has a lot of experience in M&A transactions in the most varied sectors of the economy and it is possible to notice that this experience accumulated over many years in the field helps him to deal with the problems that arise in transactions in a calm and objective manner.’

Principaux clients

Blackstone Tactical Group


BlackRock Inc


Petrobras


Engie Group


Itochu Corporation


DASA – Diagnósticos da América S.A.


Itaú-Unibanco S.A.


Klabin S.A.


XP Inc.


Banco Bradesco


Banco C6


Banco BTG Pactual


America Net


Principaux dossiers


  • Advised TotalEnergies on the negotiation of a transaction involving the creation of a joint venture (34% TTE/66% CDV) to jointly develop, build and operate the renewable portfolio of Casa dos Ventos.
  • Assisting Petrobras with the sale of 100% of its exploration and production rights in the offshore Albacora Leste field, located in ultradeep waters at the northern part of the Campos Basin, to Petro Rio Jaguar Petróleo—a wholly owned subsidiary of PetroRio—through the assignment of its rights.
  • Advised ArcelorMittal Brasil on the structuring of a joint venture with Casa dos Ventos for the development of a 553.5MW wind power project under the power self-production by equivalence regime.

Mattos Filho

Mattos Filho is consistently engaged in the most high-profile M&A transactions in the Brazilian market, acting on behalf of both sellers and buyers, including private equity funds. Drawing on the firm’s strong capabilities in tax and regulatory issues, the group is well placed to handle the entire lifecycle of deals – both domestic and cross-border – and is singled out for its stellar track record in public M&A in a host of sectors, most notably insurance, technology, energy, manufacturing, retail, and agribusiness. A key contact for publicly-held companies, foreign investors and PE funds, João Ricardo de Azevedo Ribeiro is a reference for corporate transactions, governance issues and strategic investments. Moacir Zilbovicius is a strong performer in public M&A, while Marcelo Sampaio Góes Ricupero focuses on PE and distressed deals. Pedro Whitaker De Souza Dias, who took on the role of managing partner in April 2024, has worked on several transactions in the healthcare, agribusiness and PE spaces. The latter is a notable area of practice for Rodrigo Figueiredo Nascimento; Sabrina Naritomi is especially active in the technology and infrastructure sectors. Paula Vieira de Oliveira, the firm’s resident partner in New York, maintains solid relationships with funds in the region.

Autres avocats clés:

João Ricardo de Azevedo Ribeiro; Marcelo Sampaio Góes Ricupero; Moacir Zilbovicius; Paula Vieira de Oliveira; Pedro Whitaker de Souza Dias; Rodrigo Figueiredo Nascimento; Sabrina Naritomi; Luciana Pietro Lorenzo; Guilherme Woo Terra; Victor Gelli; Camilla Martes; Anderson Jardim D’Avila; Gustavo Gumier Motta


Les références

‘The Mattos Filho team is a partner firm of the company in various transactions and makes a point of learning about our business to act as our legal advisers. The team that supports us is technically excellent, providing service within often extremely short deadlines and knowing how to provide their professional opinions. They go to great lengths to deliver and are extremely trustworthy. The team makes a lot of difference, in a positive way, in M&A negotiations.’

‘Marcelo Sampaio Góes Ricupero is a professional we can count on for his experience in the field. In addition to demonstrating respect for the parties we are negotiating with, he is available to talk to the client and show support in situations when necessary.’

Principaux clients

Liberty Mutual Group


Darling Ingredients Inc.


Visa


Cantu Store S.A.


Saudi Agricultural and Livestock Investment Company (SALIC)


Atlas Renewable Energy


GIC


Actis


Evertec Inc.


Newave Energia S.A.


Great Panther Mining Limited


Neurotech


Banco Alfa


Suzano S.A.


Stellantis


Advent International


Ferrara Candy Company


Vinci Concessions


Americanas


Cosan S.A.


Pátria Investimentos


Grupo Muffato


Orizon


XP Private Equity


Atakarejo Distribuidor de Alimentos e Bebidas S.A.


Warburg Pincus


Vinci Partners


Rumo S.A.


Equatorial Energia S.A.


Canada Pension Plan Investment Board


Mubadala


Ultrapar Participações S.A.


Compass Gás & Energia S.A.


Apax


CMOC


Two Sigma


Light


Bunzl plc


PPG Industries


CRM (Kopenhagen)


Fram Capital


Louis Dreyfus Company


Principaux dossiers


  • Advised Liberty Mutual Group on the sale of its divisions of personal, small commercial and life business in Brazil, as well as the Brazilian specialty and large commercial insurance business to HDI International and HDI Seguros for the total amount of $1.5bn.
  • Advised Saudi Agricultural and Livestock Investment Company – SALIC on the commitment to subscribe to newly issued shares of BRF S.A. for the total amount of up to R$4.5bn.
  • Advised Darling Ingredients Inc. on the acquisition of Gelnex (Brazil) and its affiliates in the US, Paraguay, Mexico and the Netherlands, for a total purchase price of approximately $1.2bn.

Pinheiro Neto Advogados

Led by the highly regarded Carlos Alberto Moreira Lima Jr, the sizeable corporate and M&A group at Pinheiro Neto Advogados handles a significant volume of large-cap deals on behalf of major multinational and domestic public corporations, privately-held companies, private equity funds and financial investors. The group is equally adept in public and private M&A transactions, and demonstrates strength in cross-jurisdictional mergers, acquisitions, disposals, and joint ventures in a variety of industries, including insurance, infrastructure, agribusiness, energy, life sciences and technology, to name a few. Co-managing partner Fernando Alves Meira possesses an impressive track record in multijurisdictional M&A. Marcelo Viveiros de Moura is especially active in the oil and gas and telecoms industries, while Miguel Tornovsky handles a mix of cross-border deals, corporate reorganisations and PE matters. João Marcelo Pacheco and Joamir Müller Romiti Alves are other names to note for PE and M&A mandates. PE fund managers and corporate clients regularly turn to Eduardo Paoliello Jr. for advice on transactional work. Camila Carvalho Gomes and Tiago Eler Silva handle buy and sell-side instructions in the context of PE and strategic deals in Latin America.

Responsables de la pratique:

Carlos Alberto Moreira Lima Jr


Autres avocats clés:

Fernando Alves Meira; Marcelo Viveiros de Moura; Miguel Tornovsky; João Marcelo Pacheco; Eduardo Paoliello Jr.; Vânia Marques Ribeiro; Pythagoras Carvalho; André Bernini; Joamir Müller Romiti Alves; Camila Carvalho Gomes; Tiago Eler Silva


Les références

‘High level of commitment and team capacity. We felt that the PNA team was part of our team from the beginning.’

‘We had the pleasure of working in particular with Fernando Alves Meira and Tiago Eler Silva. Tiago was the closest partner throughout the deal and helped us tremendously to evaluate the opportunity and risks involved, as well as to design and execute a winning negotiation strategy. I am sure that without their great support we would not have reached the end of the transaction.’

‘Knowledge, availability, easy access and joint action with the client.’

Principaux clients

JPMorgan


Natura &CO


Santander


H.I.G. Capital


Orizon


Bunzl


Publicis Groupe


Hospital Albert Einstein


Grupo Boticário


Bradesco BBI


Franco-Nevada Corporation


Kimberly-Clark


Banco Safra


Energisa


Greif


Cosan


Bain Capital LP


Serasa


Hubbell


Banco Modal


Principaux dossiers


Lefosse Advogados

Praised for its ‘technical knowledge and proximity to the client’s business‘, Lefosse Advogados has recently worked on many of the largest M&A deals in Brazil, and stands out for its credentials in transactions involving listed companies. Highlights from the past year have included high-value acquisitions, sales, joint ventures, and private equity investments – both domestic and cross-border – in the energy, cosmetics, healthcare, food, and financial services sectors. Leading the practice is Luiz Octavio Lopes, a key contact for some of the largest companies listed on the Brazilian Stock Exchange. Carlos Mello, an ‘experienced negotiator‘, is active in consequential M&A deals and corporate restructurings. Other noteworthy individuals include managing partner Rodrigo Junqueira and André Calumby, the latter of whom regularly acts for private and public companies, PE and VC funds in a wide range of transactions.

Responsables de la pratique:

Luiz Octavio Lopes


Autres avocats clés:

Carlos Mello; Rodrigo Junqueira; André Calumby; Leonardo Batista; Felipe Gibson; Ligia Padovani


Les références

‘Technical knowledge and proximity to the client’s business.’

‘I understand that the extensive experience combined mainly with the understanding of our company’s culture makes Lefosse Advogados a firm with a difference. The big advantage is that they are aligned with our way of structuring and negotiating a deal.’

‘Carlos Mello – leader and experienced negotiator.’

Principaux clients

Magazine Luiza


BTG Pactual


Itaú


Cargill


Pátria


Gol


Cielo


Marfrig


ArcelorMittal


Lavoro


SigulerGuff


GIC


Shell


Porto Seguro


Eneva


Bunge


Brookfield


Dasa


XP Investimentos


Syngenta


Suzano


Telefonica


Braskem


Unipar


Vinci Partners


Kinea Investimentos


Eletrobras


Elfa Medicamentos


Vibra


Auren Energia


CDPQ – Caisse de dépôt et placement du Québec


Macquarie


Principaux dossiers


  • Assisted L’Oréal with the acquisition of Aesop from the Brazilian company Natura&Co.
  • Acted as strategic legal adviser of the United Health Group (UHG) on the sale of UHG’s businesses in Brazil, including Amil and several hospitals, to the Brazilian businessman Jose Seripieri Filho for R$11bn.
  • Advised Marfrig Global Foods on the sale of 16 slaughtering plants located in Brazil, Uruguay, Chile and Argentina to Minerva for R$7.5bn.

Stocche Forbes Advogados

At Stocche Forbes Advogados, the corporate and M&A team is well positioned to handle big-ticket transactions – both investments and divestments – in a wide range of sectors, including but not limited to private equity, telecoms, real estate, education, agribusiness and energy. The latter is a particular area of strength for the group, which has a notable track record in M&A involving publicly held companies. André Mestriner Stocche is the trusted adviser to several clients engaged in high-value corporate deals, public offerings and restructurings. He jointly oversees the practice with Flavio Meyer, who handles buy and sell-side mandates on behalf of listed companies and PE funds, and Fabiano Milani. Cross-border transactions involving Brazilian assets are a key area of activity for Bruno Bercito, while Luciana Stracieri shines in M&A in the PE and real estate segments. Teo Silva Galvão is noted for his experience in distressed deals and foreign investments in regulated sectors.

Responsables de la pratique:

André Mestriner Stocche; Flavio Meyer; Fabiano Milani


Autres avocats clés:

Bruno Bercito; Luciana Stracieri; Rafael Andrade; Teo Silva Galvão


Les références

‘Most complete M&A team on the market. Always available, agile and seek sophisticated solutions for complex transactions. Special emphasis on publicly-held company transactions.’

‘High degree of partner engagement, proactive stance for business development.’

Principaux clients

Pátria Investimentos


Votorantim


DNA Capital


L. Catterton


Santander


Arezzo


Kinea


Brookfield


CPPIB


Atlas Renewables


Mubadala


DPaschoal


Veolia


GIC


BiobestGroupNV


Minerva


Forbes & Manhattan, Inc


Serena Energia


Energisa


Vale


Raizen


New Fortress


Cy Capital


IG4


Copel


Highline


Principaux dossiers


  • Advised Aligned Energy Holdings with respect to the Brazilian aspects of the worldwide acquisition of Odata Group’s data centre business.
  • Advised Minerva S.A. on the acquisition of 16 industrial slaughter and deboning plants for beef and sheep meat and a distribution centre in Brazil, Argentina, Chile and Uruguay held by Marfrig Global Foods.
  • Advised Biobest do Brasil S.A.i on the acquisition of approximately 85% of Biotrop Participações S.A., based on an enterprise value of R$2,8bn.

Lobo de Rizzo Advogados

Made up of highly qualified professionals, with extensive experience and specialisations in various areas of law‘, Lobo de Rizzo Advogados is prepared to handle high-end M&A, private equity deals and joint ventures on behalf of household name clients from the worlds of technology, food and beverage, infrastructure, energy and manufacturing, among other sectors. Otávio Lucas Solano Valério is especially active in transactions, commercial contracts and corporate matters in the food and beverage segment, while Rodrigo Millar De Castro Guerra is a name to note for Brazilian, North American and European companies seeking assistance with their investments in Brazil and Latin America. Founding partner Valdo Cestari De Rizzo often advises domestic and international players in M&A, joint ventures, contractual issues and corporate disputes.

Autres avocats clés:

José Eduardo Marretti; Otávio Lucas Solano Valério; Marcelo Droghetti; Rodrigo Millar de Castro Guerra; Valdo Cestari de Rizzo


Les références

‘This law firm stands out for several aspects that make it unique in the national legal market. The exceptional quality of the service provided is a notable differentiator. The team is made up of highly qualified professionals, with extensive experience and specialisations in various areas of law. This expertise allows it to offer effective legal solutions tailored to the client, ensuring maximum satisfaction and positive results. They are adept in innovative technologies that assist in M&A processes, making them more agile and competitive when compared to their competitors.’

‘Otávio Lucas Solano Valério and Rodrigo Millar de Castro Guerra are recommended.’

Principaux clients

Serasa S/A


Arco Educação


Afya Participações


Méthodos Laboratório


Nestlé


AZTEC Fundo de Investimento em Participações Multiestratégia


Zamp (Burger King)


Agasus S/A


Advent do Brasil


CRESCERA GROWTH CAPITAL


Vinci Partners


Duratex S/A


Starnet Telecomunicações Ltda


Cogna


MadeiraMadeira


Via Varejo S/A (Via)


Itausa


IMC – International Meal Company


Coca-Cola


Principaux dossiers


Tauil & Chequer Advogados

Public and private entities, as well as investment banks, private equity funds, pension funds and investors regularly turn to Tauil & Chequer Advogados for advice on big-ticket M&A transactions. Benefitting from access to an extensive international workload, the firm is well positioned to handle cross-border deals, with a special focus on the energy and infrastructure sectors. In addition to merger, spin-offs, and consolidations, the group is also skilled in corporate restructurings and governance issues. Carlos Motta, who has handled numerous deals in the infrastructure, energy, education, sports and technology segments, jointly leads the practice with Victor Galante, who brings together experience in M&A and project development, and energy specialist Alexandre Chequer. A key contact for companies, funds and financial institutions, Christian Roschmann ‘is highly accessible, easy to work with and has great experience both in Brazil and abroad‘. Lilian Toscani stands out for her knowledge of the agribusiness space. Associate Stefano Braga’s ‘effective performance and assertive contributions bring great quality to the negotiations carried out‘.

Responsables de la pratique:

Carlos Motta; Victor Galante; Alexandre Chequer


Autres avocats clés:

Christian Roschmann; Bruno Salzano; Lilian Toscani; Stefano Braga


Les références

‘Tauil’s M&A team is differentiated due to the synergy between their mastery and excellence in competition issues and the extensive knowledge of the business of the company they are advising. As a result, they add a lot of value to the business by providing practical alternatives that address concerns in this area of ​​law.’

‘Senior partner Christian Roschmann is highly accessible, easy to work with and has great experience both in Brazil and abroad. This allows his range of solutions for practical issues in each M&A operation to be widely used for the benefit of the company’s business. Associate Stefano Braga is a key member of the team. His effective performance and assertive contributions bring great quality to the negotiations carried out.’

‘The team is extremely technical and attentive to client needs, regardless of size and core segment. Always available and judicious in the different degrees of urgency of care.’

Principaux clients

Bunge Group


ArcelorMittal AS


Engie


Nuvini


Eletrobras


Mitsui & Co


Ibitu Energias Renováveis


Caisse de dépôt et placement du Québec (CDPQ)


Halifax


Furnas Centrais Elétricas S.A.


BTG Pactual Holding S.A.


Sullivan Street Partners


KILIMA


Monte Capital


23S Capital


EMnify GmbH


Hapag-Lloyd AG


Principaux dossiers


  • Advised the Bunge Group on its merger with the Viterra Group in Brazil.
  • Advised ArcelorMittal Brasil S.A. on the acquisition of the total corporate capital of Companhia Siderúrgica do Pecém (CSP) for $2.2bn.
  • Advised ENGIE Brasil on the acquisition of Atlas Energia Renovável do Brasil S.A. and Atlas Brasil Energia Holding 2 S.A., owner of photovoltaic complexes in Bahia, Ceará and Minas Gerais in Brazil, with a total installed capacity of 545MWac, from Global Infrastructure Partners – GIP.

Trench Rossi Watanabe

With extensive experience in inbound and outbound investments, Trench Rossi Watanabe is particularly well placed to assist with multijurisdictional transactions, drawing on its association with Baker McKenzie LLP. Buyers and sellers, including public listed and private companies, from an array of sectors – most notably energy, life sciences, agribusiness, education, technology and insurance – regularly turn to the team for advice on M&A, private equity and venture capital deals. The team is jointly led by a capable trio: Rio-based Anna Mello is a go-to adviser for energy and infrastructure clients; Daniel Facó brings together expertise in corporate transactions and capital markets; and Mauricio Pacheco stands out for his strong track record in private equity deals. The team was strengthened in August 2024 with the additions of Cristina de Freitas Bueno and Vitor Stern from Cescon Barrieu.

Responsables de la pratique:

Anna Mello; Daniel Facó; Mauricio Pacheco


Autres avocats clés:

Evaristo Lucena; Munique Stragliotto Isoppo; Cristina Bueno; Vitor Stern


Principaux clients

Abbott


Aegon Transamerica Group


Alisul (Supra)


Amcor / Bemis


Boehringer Ingelheim do Brasil Quím Farmacêutica Ltda


Bunge


Crescera Growth Capital


Daimler AG and Mercedes Bens do Brasil


Ecolab


EDP Energias Renováveis


Fedex


Froneri


Grupo Bimbo


Grupo SBF S.A.


GSK Brasil


Hotmart S.A.


Innospec Ltd.


J&J


Merck


Motorola Solutions


MRO Logistics


National Footbal League (NFL)


Pepsico


Petrobras


Petrobras Logistica De Gas S.A.


Procter & Gamble


Rhone Capital V L.P


Salesforce


Sembcorp Marine


Shell


Spotify


State Power Investment Corporation – SPIC


Takeda


Tencent Holdings Limited


Thoma Bravo LLC


Mongeral Aegon Group


Trouw Nutrition (Nutreco)


Unilever


Valid S.A.


Wiz Soluções E Corretagem De Seguros S.A.


Yara


Grupo Capitale


Vita Part. (Grupo Vita)


Zeg Energias Renováveis


Principaux dossiers


  • Advised Petronas Chemicals Group Berhad on the acquisition of Swedish specialty chemicals company Perstorp Holding AB.
  • Advised GSK Group on the separation of its consumer healthcare business to form Haleon plc, an independent listed company.

Veirano Advogados

Veirano Advogados manages a varied M&A workload, where high-end deals involving listed companies feature alongside joint ventures, private equity investments, asset deals and smaller transactions concerning family-owned businesses. Energy, mining, real estate, and technology are key sector focuses for the department, which is often retained by private equity and investment funds. Augusto Cesar Barbosa De Souza, who has a wealth of experience in buy and sell-side M&A involving domestic and international companies, and Lior Pinsky, who brings together expertise in M&A, capital markets and banking and finance matters, jointly oversee the corporate and M&A national practice. Corporate law and transactional expert Fernando Verzoni leads the Porto Alegre-based group. Managing partner Paula Surerus is noted for her experience in transactions in regulated sectors and corporate reorganisations. The firm was significantly strengthened in September 2023 by the arrival of a group of former Souto Correa Advogados lawyers, including Mauricio Negri Machado Paschoal, rated for being ‘very experienced, intelligent, creative and adaptive to all situations that may arise in a corporate deal‘.

Responsables de la pratique:

Augusto Cesar Barbosa de Souza; Fernando Verzoni; Lior Pinsky; Paula Surerus


Autres avocats clés:

Mauricio Negri Machado Paschoal; Clarissa Yokomizo; Diego Yago Rodrigues; Daniel Augusto Malatesta; Diogo Lerner; Renata Fialho de Oliveira; Vitor Rozenthal; Maria Cecília Vieira


Les références

‘The team finds alternatives to enable business for the client. Partner Diego Rodrigues always available and participates in all negotiation phases. He provides a lot of security to the client.’

‘Great team. Diego Lerner is one of the best lawyers that I have found in Brazil.

‘The firm has qualified professionals from different areas, and, in addition to being technically qualified, these professionals are very available to the client and always seek to find creative solutions for proposed situations.’

Principaux clients

AT&T


Bradesco


Yara Fertilizantes


Celulosa Arauco


Compass/Cosan


Be8 (formerly BSBios)


Grupo América Móvil


Isoeste


Intertek


Smurfit Kappa


Knauf Isopor


Glencore


Hydro


STEAG


CEMIG


Pirelli


Crenlo Engineered Cabs


Principaux dossiers


  • Advised Celulosa Arauco y Constitución and Inversiones Arauco Internacional Limitada on the share purchase agreement by which the clients have committed to sell to Klabin S.A. 100% of the corporate stake owned by sellers, directly and indirectly, in Arauco Florestal Arapoti S.A., Arauco Forest Brasil S.A., Empreendimentos Florestais Santa Cruz Ltda. and Florestal Vale do Corisco S.A.
  • Advised Compass on the formation of a joint venture with Orizon Energia e Gás Renovável Ltda. for the production, treatment, movement, and disposal of biogas and Biomethane.
  • Assisted Norsk Hydro ASA and Norsk Hydro Holland B.V. with the indirect sale to Glencore International AG of 45% of the capital stock of Mineração Rio do Norte S.A. and 30% of the capital stock of Alunorte – Alumina do Norte do Brasil S.A.

Campos Mello Advogados in cooperation with DLA Piper

A go-to in the market for cross-border deals, Campos Mello Advogados in cooperation with DLA Piper ‘stands out for bringing together very qualified professionals‘ who are skilled in the structuring and negotiation of high-value M&A, minority acquisitions, asset deals, corporate reorganisations and joint ventures, among other corporate matters. The team especially shines when acting for the buyer, and continues to be engaged in a multitude of mid-market transactions in a wide range of sectors, including energy, sports and technology. Fabiano Gallo, ‘a very experienced corporate and M&A lawyer‘ with in-depth knowledge of the energy and infrastructure segments, co-heads the practice with Miriam Machado Kleissl, who handles a mix of M&A work, private equity deals and debt restructuring. The ‘very practical, hands-on and always availableOduvaldo Lara Júnior is routinely instructed by listed companies, foreign investors and private equity funds. Renata Amorim is also noted for her expertise in M&A, private equity and venture capital mandates.

Responsables de la pratique:

Fabiano Gallo; Miriam Machado Kleissl


Autres avocats clés:

Carolina Marcondes Sant’Angelo; Oduvaldo Lara Júnior; Renata Amorim; Rafaella Chiachio; Camila Caetano; Mirella Kaufman; Norlan Navarro


Les références

‘This is a team with a lot of legal and technical knowledge, but also with a pro-business mentality, that is, with total alignment of interests.’

‘Oduvaldo Lara Júnior is very practical, hands-on and always available.’

‘Proactive team with good knowledge of the business and client structure in addition to the expected legal expertise. Presentation of out-of-the-box solutions to complex problems, and preventative legal advice.’

Principaux clients

5àSec


777 Partners


99x Holdings


Ambev


Australian Laboratories Pty


B3 S.A. – Brasil Bolsa Balcão


Banco Votorantim


Basf


Benevix Administradora de Benefícios S.A.


Bionowv


Blue Oak Investments


Brasim Administração de Bens Próprios Ltda.


Central de Custodia


Circlua


Dori Alimentos


Eneva S.A.


Evernex


Fazenda Itaoca Agropecuária S.A.


GE


GE Healthcare


Grupo Boticário


Grupo Morada do Sol


Grupo Pikolin/Sleep House


Grupo RCI


HI.PE Participações S.A.


Karpowership


Legrand Holding Inc


Localiza CO


Martinrea


Milano Empreendimentos e Participações S.A.


Nissan do Brasil Automóveis Ltda.


Perfin


Picchioni Corretora de Câmbio


Red House International School


Smollan Group


Solar Bebidas S.A.


Starboard


Statkraft


Statkraft


Sumitomo Corp


TDSYNNEX


Urca Energia


Vitru Educação


World Courier


WPP Group


Wunderman Thompson


You Incorporadora


Principaux dossiers


  • Assisted Lanxess and private equity investor Advent International with the joint venture formation in Brazil.
  • Advised Statkraft on the acquisiton of a stake in Statkraft Energias Renováveis.
  • Advised UK-Based Eagle Football Holdings on the acquisition of a stake in France-based Olympique Lyonnais Groupe.

Madrona Fialho Advogados

Formed at the beginning of 2023 through the merger of transactional force Madrona Advogados and Belo Horizonte powerhouse Fialho Salles Advogados, Madrona Fialho Advogados manages a balanced M&A workload where high-end corporate transactions – including mergers, business combinations, sales, acquisitions and joint ventures – feature alongside mid-market deals in an array of sectors. The team is proficient in both public M&A and private equity investments, and has recently handled significant matters in the energy, healthcare, education, technology, telecoms, agribusiness and financial services spaces. Danilo Mininel stands out for his knowledge of the technology industry, while Roberto Pary possesses a proven track record in transactions concerning publicly-held and private companies. Other notable individuals include José Senedesi, Ricardo Madrona, and Milena Coimbra, all of whom handle M&A, contractual matters and corporate reorganisations.

Responsables de la pratique:

Danilo Mininel; José Senedesi; Milena Coimbra; Ricardo Madrona; Roberto Pary


Les références

‘They were extremely creative in designing structures for the acquisition of a company listed on N1 of B3, thus bypassing the client’s main issues, optimising the fiscal/tax structure on the seller’s side, facilitating the path to building a transaction.’

‘Roberto Pary and Ricardo Madrona stand out.’

‘There was good faith and good intention to make the deal happen, without prejudice to the parties. The lawyer who handled this entire case was Danilo Mininel, standing out for concluding this entire transaction.’

Principaux clients

Americanet


Vinci Partners


Banco BTG Pactual


BRF


EB Capital


Embraer


Hapvida Group


Heinz Brasil S.A.


Pearson Education Do Brasil Ltda


Gerdau


Principaux dossiers


Pinheiro Guimarães

Known for its high level of collaboration and excellent work ethic‘, Pinheiro Guimarães acts for buyers, sellers, management and target companies in sophisticated M&A transactions, demonstrating particular strength in the banking and financial industry. In addition to its strong credentials in public M&A deals, including matters containing international components, the group is also active in the private equity space, where it advises major international and local funds on acquisitions, divestments and transactions involving distressed assets. Plinio Pinheiro Guimarães N. in Rio and São Paulo-based Francisco José Pinheiro Guimarães and Marcelo Lamy, the latter of whom is noted for being an ‘excellent negotiator and strategist‘ in the context of big-ticket M&A, jointly lead the team. Sérgio Ramos Yoshino possesses a strong track record in mandates involving the sale of distressed assets, divestment strategies and M&A in the context of debt restructuring. Maria Amélia Lisbão Senra has handled several transactions in the healthcare, entertainment, energy and banking sectors, while Carolina Cardoso Ramalho has knowledge of both M&A deals and corporate finance.

Responsables de la pratique:

Plinio Pinheiro Guimarães N.; Francisco José Pinheiro Guimarães; Marcelo Lamy


Autres avocats clés:

Fábio Yanitchkis Couto; Sérgio Ramos Yoshino; Maria Amélia Lisbão Senra; René Mostardeiro Brunet; Mariana Jost; Bernardo Bulhões; Renato Ruschi; Carolina Cardoso Ramalho


Les références

‘PGA’s team is known for its high level of collaboration and excellent work ethic. They have a keen sense of risk perception and can develop effective risk mitigation strategies for their clients. Their experience handling complex cases has given them valuable insights that make the process much smoother than other law firms. Moreover, the PGA team’s commitment to client service is evident in their readiness to provide comprehensive information and details about the case. Finally, the team can absorb very complex information from clients in the cases we’ve worked on, and this information has been faithfully incorporated into the legal documents, ensuring the best possible representation.’

‘PGA lawyers are all well prepared, giving us confidence in dealing with the challenges. We want to highlight Renato Ruschi’s exceptional drive and commitment to clients. He is highly competent and focused.’

‘PGA provides excellent service with knowledge of our market, promptness and competence.’

Principaux clients

BTG Pactual


Brookfield


Citibank


HSBC


GP Investments


Itau Unibanco


Gávea Investimentos


International Finance Corporation –


IFC


Organizações Globo


BHG S.A. – Brazil Hospitality Group


Sendas Distribuidora S.A.


Credit Suisse


Enel


Principia Capital Partners


Goldman Sachs


EB Capital


DNA Capital


EDF


GTIS Partners


BIONEXO


Participações Industriais do Nordeste


Cellera Farma


Air Bus / Helibrás


Arla Foods


Wilson Sons


CM Hospitalar / Grupo Viveo


Consigaz


Partners Group


Grupo de Moda Soma


Macquarie Capital


Klabin S.A.


Rede D’Or


Rock World S.A. (Rock in Rio)


B3 S.A. – Brasil, Bolsa, Balcão


CBSM – Companhia de Soluções de Marketing (Dotz)


CBOE Global Markets


BeeTech Global


Group 1 Automotive Inc.


Grupo Alfa


Grupo Matheus


BPS Capital


Associação Comercial de São Paulo


Principaux dossiers


  • Acted for Associação Comercial de São Paulo – ACSP, a key shareholder of Boa Vista Serviços S.A., in connection with the acquisition of Boa Vista Serviços S.A. by Equifax Inc., through its wholly-owned subsidiary incorporated in Brazil, in a deal that involved R$3.1bn.
  • Adised Credit Suisse CTVM S.A. on the tender offer of ordinary shares of Alliança Saúde e Participações S.A. by Fonte de Saúde Fundo de Investimento em Participações Multiestratégia, and its quotaholder, Lormont Participação S.A.
  • Assisted Itaú Unibanco, as investor, with the issuance of redeemable preferred shares by Argeb Energia Empreendimentos e Participações S.A., member of Argo Energia Group subscribed and paid-in by Itaú Unibanco S.A.

TozziniFreire Advogados

TozziniFreire Advogados is routinely sought out by a litany of Brazilian and international clients across the energy, infrastructure, technology, financial services, life sciences, and food and beverage sectors. The team is well placed to advise on public and private M&A deals, but has been particularly active in private equity-driven transactions. With in-depth knowledge of M&A and joint ventures, practice head Marcela Waksman Ejnisman is singled out for her experience in the TMT space. Other noteworthy practitioners include Oswaldo Dalla Torre, who focuses on corporate governance, contracts and M&A in an array of industries, including technology, mining, energy and agribusiness, and Silvia Castro Cunha Zono, who is especially active in the agribusiness sector. Victor Frias Françoso stands out at the associate level for his involvement in the practice. Former co-head João Busin is no longer at the firm.

Responsables de la pratique:

Marcela Waksman Ejnisman


Autres avocats clés:

Oswaldo Dalla Torre; Silvia Castro Cunha Zono; Victor Frias Françoso


Les références

‘Good senior lawyers.’

Principaux clients

Yokohama Rubber


PerkinElmer


SBA Torres


Matrix Energy Participações S.A


TPB Acquisition


OTPP


Adeoti (Shopping JK)


GEF Capital


Matera Systems Informática S.A


Munters AB


Makrosystems


Italac


CL&AM Capital


Síntese B2B


Cyrela


Worc Technologies


Europ Assistance


Proquimil Produtos Químicos Ltda.


ComDinheiro


MSW Capital


Vivante


FEMSA Servicios


Banco Next


Banco Bradesco


Grupo Notre Dame Intermédica


BNP Paribas


Principaux dossiers