Looking at sellers by geography, 59% were from Brazil, followed by Chile at 17%, Argentina and Mexico at 5%, and Jamaica and Colombia at 3%. Other noteworthy countries include Uruguay, and Costa Rica. 

As for the buyers, 33% were based in Brazil, followed by the US at 22% and Chile at 10%. Acquirers headquartered in Canada and Australia each represented 5% of total transactions. Dealmaking remained highly international with 53% of transactions being cross-border.