Brazil: TozziniFreire is among the firms with the highest number of women working on M&As in Brazil

Published on May 2, 2024

Brazil, the largest transactional market in Latin America, has seen important changes in its business dynamics, notably the increase in female participation in major deals.

The volume of female participation in the mergers and acquisitions market grew slightly (around 0.5%) in 2023, when compared to the previous year, according to data from the latest report, produced by Transactional Track Record (TTR) and iDeals.

In line with its diversity programs and corporate values, which seek to promote gender equality at all hierarchical levels, TozziniFreire has followed this movement and proven this trend by increasing the number of women playing a leading role in transactional areas, especially M&A.

In a challenging year for the transactional market, partner Carla do Couto Hellu Battilana and associate Julia Helena Sampaio ranked among the 10 most active professionals in transactions in 2023, according to the report.

The most relevant cases these professionals have worked on include the sale of PerkinElmer's analytics, food, and business services businesses to New Mountain Capital for BRL 2.3 billion; and the acquisition, by McCain do Brasil, of 51% of the shareholders’ capital of the non-operational holding company TPZ Participações.

About TozziniFreire Advogados

TozziniFreire is a leading legal services organization in Latin America, operating in all areas of Business Law and with a relevant track record in serving local and foreign companies from the most diverse industries. With branch offices in several cities in Brazil (São Paulo, Rio de Janeiro, Brasília, Porto Alegre, and Campinas), including in New York, TozziniFreire strives to provide a unique standard of service quality and the same facilities to its clients throughout the country. We have played a key role in many of the most significant transactions in the Brazilian market, contributing to the growth of the country's economy in recent decades. The relevance of our work has been recognized by specialized national and international publications, considering independent research interviews with professionals from the largest companies in the world. TozziniFreire and its partners are constantly referred to as leaders handling notable matters in the most varied business law practices. For further information, follow us on our social media channels and check out our website at