Sullivan & Cromwell and Machado Meyer Sendacz e Opice were the top mergers and acquisitions (M&A) legal advisers in the South & Central American region in 2023 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Deals Database reveals that Sullivan & Cromwell achieved its leading position in terms of value by advising on $16.5 billion worth of deals. Meanwhile, Machado Meyer Sendacz e Opice led in terms of volume by advising on a total of 17 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Machado Meyer Sendacz e Opice recorded a marginal improvement in the number of deals advised and went ahead from occupying the second position by volume in 2022 to top the chart by this metric in 2023.

“Meanwhile, Sullivan & Cromwell was among the only three advisers with more than $10 billion in total deal value during the year and the only one to surpass $15 billion mark.”

Appleby Global Group occupied the second position in terms of value, by advising on $14.4 billion worth of deals, followed by McCarthy Tetrault with $10.3 billion, O’Melveny & Myers with $7.4 billion and Kirkland & Ellis with $5.7 billion.

Meanwhile, Demarest Advogados occupied the second position in terms of volume with 13 deals, followed by Bronstein, Zilberberg, Chueiri & Potenza Advogados with 13 deals, Madrona Fialho Advogados with 12 deals and Pinheiro Neto Advogados with 11 deals.