Mergers and acquisitions in 2026 in suspense, awaiting the plan of the next National Government

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Mergers and acquisitions in 2026 in suspense, awaiting the plan of the next National Government

TL;DR

  • Colombia ranked fourth in Latin America for M&A in 2025, rising to third in transaction value.
  • The country recorded 288 transactions exceeding US$10 billion in 2025.
  • The financial sector led M&A activity, characterized by larger, more sophisticated deals.
  • Structural factors, not just short-term ones, explain Colombia's rise in deal value.
  • Colombian financial companies are demonstrating strong regional investment and divestment capabilities.
  • Increased demand for governance, fiscal mitigation, and regulatory clarity is anticipated for 2026.
  • Upcoming elections are influencing investor caution and strategic planning for the next year.
  • Private equity and venture capital played a structural role, with fewer but higher-value transactions.
  • Fintech remains a strong sector for investment in Colombia, despite a dip in VC volume.
  • Investors in 2026 are expected to be more technical, cautious, and focused on impeccable execution.