Latin America's best bank for advisory 2020: BR Partners
Awards for Excellence 2020
The 2020 award for the best bank for advisory goes to BR Partners. It is an outstanding growth story: the investment bank boutique was opened just 10 years ago by founder and chief executive Ricardo Lacerda, previously of Citi and Goldman Sachs in Brazil.
BR Partners won this award in 2016 in recognition of the impressive growth it had achieved, but little did we think that in four years’ time the bank would top the Brazilian M&A rankings, beating both the resurgent international banks and the dominant local balance sheet-driven investment banking franchises in the region’s largest market.
BR Partners advised on 22 M&A deals with a combined value of $14.8 billion. The bank’s strong relationship with Petrobras has helped as the quasi-sovereign pursued a strong programme of disposals, which points to a large potential pipeline of federal and state privatizations in the years ahead.
The team led by Lacerda has now conducted 15 sales for the energy company – seven of which closed in 2019; including the R$1.5