The M&A Monthly Report from Transactional Track Record (TTR) shows that since the beginning of 2019, 82 transactions have been registered in Portugal, mostly from the Technology segment, which was the leader of transactions with 18 operations and a 64% growth. The good results of the Technology sector meant it overturned the Real Estate segment that had been the leader of M&A transactions since 2015 and which only registered 16 transactions this year.
As for the number of cross-border businesses, the Portuguese market registered 35 inbound agreements in which foreign companies acquired Portuguese entities. Portuguese companies took 12 business opportunities in the external market during the first three months of the year.
According to the Report, Haitong Bank leads the financial advisory ranking in terms of value, with a total of 118 million euros.