Firms To Watch: Commercial, corporate and M&A

Boutique firm FGLamb Advogados was founded in 2020 and specialises in M&A and corporate law. The team is jointly led by founder of the firm Felipe G. Lamb and Stefano Donassolo.

Commercial, corporate and M&A in Brazil

Souto Correa Advogados

The ‘solid‘ corporate team at Souto Correa Advogados advises major companies and shareholders on M&A transactions, restructurings, joint venture agreements, and day-to-day corporate matters. Noted for its market knowledge, the group expertly handles foreign investment mandates, advising regional and global clients on establishing operations in Brazil. Additionally, the team often assists local companies in the sale of majority and minority stakes in business to foreign investors. Founding partner Carlos Souto acts for clients in the technology, finance, energy, consumer products, and manufacturing sectors, while fellow co-founder Gilberto Deon Corrêa Júnior has a thriving practice in restructuring and insolvency matters. Raquel Stein advises on commercial contracts and international transactions, and Rodrigo Tellechea is skilled in consultancy and litigation matters in corporate law. Fernanda Girardi Tavares focuses on commercial, infrastructure, and real estate contracts.

Practice head(s):

Carlos Souto; Raquel Stein; Rodrigo Tellechea; Gilberto Corrêa Jr


‘Solid team, good market knowledge, excellent reputation, and a multi-disciplinary service.’

‘Raquel Stein is notable for the high quality of the work carried out.’

‘Souto Correa has been a very active and important partner, providing innovative advice and standing out for its socio-environmental awareness.’

‘Raquel Stein is always available and delivers quickly and with high quality.’

Key clients



Irani Papel e Embalagem

CMPC Celulose Riograndense

Southrock Capital

99 Tecnologia

Aeromot Aeronaves e Motores

Grupo BC

INGRAM Micro Brasil

Mercado Livre

Work highlights

  • Advised AEGEA Saneamento on its privatisation.
  • Advised Oleoplan on the sale of shares, representing 20% of the capital stock of FASA América Latina Participações Societárias.
  • Advising GDSUN on several contracts and documents with energy distributors, developers, and customers.

TozziniFreire Advogados

The ‘highly educated and professional‘ corporate and foreign investment team at TozziniFreire Advogados works alongside the firm’s antitrust, financial regulation, IP, and data privacy teams to handle cross-border transactions, including M&A and corporate restructurings. The group acts for clients operating in a multitude of industries, including transport, chemicals, food and beverage, agriculture, healthcare, and banking, and is singled out for its experience in venture capital and deals involving start-ups. Chaired by the ‘organised and talented‘ private equity and foreign investment expert Maria Bofill and contract law specialist Luis Renato Ferreira da Silva, the practice was strengthened by the the addition of Fernanda Fossati from Veirano Advogados in August 2022, which bolstered the group’s succession planning, commercial agreements and infrastructure projects offering. Associates Daniel Born Roman and Bruna Braga Luz De Oliveira are strong in contractual matters.

Practice head(s):

Maria Bofill; Luis Renato Ferreria da Silva


‘The M&A team is highly educated and professional. The collaboration with the clients’ in-house teams and the technical advice provided is perfect.’

‘The team is very well structured, with qualified people ready to solve any type of demand. It is distinguished by the agility, availability, and quality of the services provided.’

‘Maria Bofill is organised and talented.’

‘Multidisciplinary, qualified team with quick response to questions.’

‘The team responds promptly to our demands. Dynamic, ethical professionals with a strong technical backgrounds. They stand out for being close, attentive and involved with our matters, thus being able to objectively and firmly meet our needs.’

‘Daniel Born Roman and Maria Bofill – ethics, firmness, spontaneity, technique, objectivity.’

‘TozziniFreire Advogados is one of the largest and most recognised full-service law firms in Brazil, maintaining this position and consistent reputation over the last few decades. Rarely can we find a team with so many talents gathered in the same place. It differentiates itself in the national market of law firms/lawyers for its careful management of its people, use of technology and appreciation of diversity.’

‘Fernanda Fossati’s in-depth knowledge and attention to detail protects our company in contractual matters. Combined with the aforementioned legal knowledge, she has great expertise in the infrastructure and energy sectors, our focus of activity, making our interaction much more fluid and our operations safer/protected.’

Key clients


Magazine Luiza

Ormec Engenharia

Phosphea Brasil Comercio de Fosfatos

SLC Agrícola

Vento Pampeiro Empreendimentos de Energia Renovável

Lojas Renner

Aegro Holding

RVC Venture CapitalParticipações e Investimentos

Sodexo do Brasil Comercial

Vulcabras Azaleia

Stahl Brasil


Work highlights

  • Advised Thoughtworks and its Brazilian subsidiary on the acquisition of Handmade Design.
  • Assisting Magazine Luiza with its restructuring, which includes merging different subsidiaries.
  • Acted for the quotaholders of Ormec Engenharia in the sale of 100% of the company’s quotas to the GPS Group.

CMT – Carvalho, Machado e Timm Advogados

CMT – Carvalho, Machado e Timm Advogados' corporate law practice assists companies of all sizes with managing their business operations in Brazil. In addition to their strong capabilities in M&A transactions, corporate restructurings and commercial agreements involving a variety of industries, lawyers are skilled at handling investment funds and capital markets-related matters on behalf of a wide range of clients, from exclusive funds to real estate brokers. Rafael Bicca Machado leads the team alongside Giordano Andrei Dos Santos. Another notable name is recently promoted partner Victoria Duarte, who has a strong focus on commercial contracts, and is especially active in the oil and gas, pulp and paper, pharmaceutical, and technology sectors.

Practice head(s):

Rafael Bicca Machado; Giordano Andrei dos Santos

Key clients

Empresas Randon



Philip Morris

Serra Diesel



Grupo Panvel


Banco de Lage Landen

Petronia Capital

Work highlights

  • Assisted Randon in the acquisition of DBserver.
  • Advised Quiq on the establishment of a joint venture for managing food delivery, marketplace, and logistics.
  • Acted on the structuring of a strategic partnership between 4all and Spain Startup.

Silveiro Advogados

Silveiro Advogados fields a strong team of corporate and business law specialists, who regularly advise on M&A, restructurings, capital markets, and real estate-related transactions. Practice head Pedro Chagas,an excellent corporate attorney’, handles a balanced transactional workload, where national and foreign investments feature alongside joint ventures, private equity, and venture capital deals. With significant experience in commercial contracts and cross-border matters, Julie Griebler is knowledgeable of supply chain matters.

Practice head(s):

Pedro Chagas


‘The team is competent, committed, and very effective.’

‘One of the best firms that sends monthly reports with summaries of work. They are very organised, reliable, and they have great knowledge.’

‘The team led by Pedro Chagas is efficient, thorough, and always to the point in its legal advice.’

Key clients

Telefônica Brasil

Banco Cooperativo Sicredi

Hana Micron

HT Micron Semicondures

Sim Rede de Postos

Pet Support Assistência Veterinária

Sunset Agenciamento e Intermediação

Sou Cloud Serviços Gerenciados em Nuvem

Cromai Tecnologias Agrícolas

Otto GmbH & CO

MV Dance


Work highlights

  • Advised Telefônica on two contracts regarding the shared use of network coverage infrastructure.
  • Advised Rede Sim on the negotiation and the drafting of a share purchase agreement with the sellers.
  • Advised Hana Micron on the purchase of 12.55% of HT Micron Semicondutores from the public investment fund of Inova Empresa Fundo de Investimento Multiestratégia.

Veirano Advogados

Clients in the education, agribusiness, renewable energy, and financial services sectors routinely turn to Veirano Advogados' Porto Alegre office for advice on complex M&A transactions, with a particular emphasis on buy-side instructions. The practice also offers assistance to clients in the negotiation of commercial agreements and the drafting of domestic and international commercial contracts. Corporate and transactional specialist Fernando Verzoni, who is dual qualified in Brazil and New York, is the regional head of the corporate and M&A practice in Southern Brazil. Verzoni is supported by the 'calm, competent, and always supportive' Diego Fraga Lerner, whose areas of expertise cover M&A, infrastructure projects, commercial contracts, and real estate transactions.

Practice head(s):

Fernando Verzoni


‘The support is excellent, both in terms of the technical offering and also in terms of response time and controls.’

‘Veirano has proved, year after year, that it is a law firm extremely committed to the interests of the client.’

‘Diego Lerner is calm, competent, and always supportive.’

‘Diego Lerner is an excellent professional who takes matters seriously and he demonstrates extensive knowledge in the area in which he operates.’

‘I consider this to be an exceptional team. They are very precise in their responses and recommendations, are very diligent and always available when needed. Additionally, they are excellent people, very respectful.’

Key clients

Yara Brasil Fertilizantes

Arauco Forest Brasil

S.Oleum Brasil Agro Industrial

Philip Morris do Brasil

Borrachas Vipal

BSBios Indústria e Comércio de Biodiesel Sul Brasil

Yara Growth Ventures

Omega Green

ECB Holding

Associação dos Produtores de Biocombustível do Brasil

Work highlights

  • Advised Yara Growth Ventures on a R$145m series B funding round of Agrolend.
  • Assisted Borrachas Vipal in obtaining its registration as a publicly-traded company in Brazil and listing in the Novo Mercado segment of the Brazilian Stock Exchange.
  • Advised BSBios on the acquisition of a swiss company operating a second generation biodiesel plant in Switzerland.

Gerson Branco Advogados

Gerson Branco Advogados is well equipped to advise on M&A transactions, commercial contracts and agreements across an array of industries, including agribusiness, telecoms, construction, entertainment and education. Contractual liability and risk assessments are other areas of activity for the department, which also showcases strength in tax, environment, and corporate governance-related matters. Gerson Luiz Carlos Branco takes the lead on corporate and litigation work. He oversees the department with contract law and corporate reorganisations specialist Diogo Merten Cruz, and Flaviana Rampazzo Soares, who 'stands out for her knowledge of commercial contracts' and dispute resolution. Another core member of the team is Lenine Munari Mariano da Rocha, who is skilled in corporate and contractual issues.

Practice head(s):

Gerson Luiz Carlos Branco; Diogo Merten Cruz; Flaviana Rampazzo Soares


‘Excellent service, always with agility and promptness in solving problems.’

‘Diogo Merten Cruz is always attentive to the possibilities of solving the problems presented, with agility and efficiency.’

‘Highly qualified team in multiple areas.’

Key clients

Dakota Group

Tornak Holding

TKPAR Participações

RBS Ventures

051 Capital Gestão de Recursos

Grupo Soma

Cerealle Tecnologia em Alimentos

Granjas 4 irmãos

Encorp Engenharia e Construções

Agropecuária Maragogipe

Raiz Educação

MDM Participações e Empreendimentos

Integra Consultoria

AGM Operadora Portuária and Serra Morena Corretora

Agropecuária Mapocho

Ekvilibro Flp1

Kaefe Engenharia e Empreendimentos Imobiliários

Convex Research Publicações

Bronze Administração e Investimentos

Work highlights

  • Advising Tornak Group’s controlled company Gexperience Empreendimentos on all business matters.
  • Assisted 051 Capital Gestão de Recursos in negotiations with a subsidiary of Mitsui & Co., which resulted in the acquisition of a farm called Fazenda Xingu.
  • Advising TKPAR Participações on negotiations to acquire the control of RBS Rádios and other media companies of RBS Group.

Ilarraz Advogados

Ilarraz Advogados handles a mix of corporate, tax, environmental, administrative, contractual, and digital law matters, and is also skilled in compliance. The firm, which has been growing its M&A and investment structuring offering, provides support to a diverse client roster, comprised of companies from the construction, real estate, logistics, technology, agribusiness, food, and energy sectors. Practice head Lucas Martins Dias advises national and international clients on M&A transactions and project finance, while Larissa Verri Boratti specialises in environmental and regulatory matters. The team was strengthened by the arrival of recently promoted partner Gabriela Caroline Debarba from Zavagna Gralha Advogados, who brings experience in M&A, venture capital and private equity deals.

Practice head(s):

Lucas Martins Dias


‘The firm is very reliable and has provided excellent services to its clients. The attention of the partners and the team is very professional and is highly valued. It always has a personalised service and the responsible partners are close to the client and the matters entrusted to them.’

‘The frm delivers quality and excellent work.’

‘The partners are very prepared and available. They are constantly updating themselves and provide excellent service in a personal and direct way, without delegating to others on the team, which gives clients great security.’