Machado Meyer is one of the largest firms in Brazil. Founded in 1972, the firm has grown from their head office in São Paulo to add three other offices in Brazil in Rio de Janeiro, Belo Horizonte and Brasília and one international office in New York.
Focusses / specialisms
In banking work the firm mostly represents lenders.
The capital markets team represents both issuers and underwriters and works on debt and equity transactions.
The M&A group represents strategic buyers, private equity firms and sellers in a variety of transactions.
The project development and finance groups represents mostly developers.
Across all practice areas the firm has a particular specialisation in the telecoms, oil and gas, financial services, energy, retail, education and mining industries.
Because the firm mostly represents lenders it has strong relationships with banks, especially multinational banks, including Banco BTG Pactual, Banco Citibank, BNP Paribas, BBVA Securities, Bank of America, Barclays Capital and Crédit Agricole. It also maintains strong relationships with important state-owned Brazilian companies such as Petrobras.
Research period review: 30th edition (2019/2020)
During the research period the firm was active across banking, capital markets, M&A and projects.
Recent banking transactions completed by the team include several in the burgeoning fintech sector.
The capital markets team worked on equity transactions such as public offerings, secondary offerings and follow on offerings and on debt transactions such as debentures and bond issuances.
The M&A team was active on high value acquisitions in across several sectors.
The project finance and development teams conducted a lot of work in the sanitation, renewable energy and transportation industries. Many of the projects were greenfield developments.
Deal highlights: 30th edition (2019/2020)
Mosaico Negócios de Internet R$50 million hybrid debt financing
Concessionária Rota das Bandeiras R$2.43 billion debentures issuance
Petrobras R$34.4 billion sale of TAG
Rumo Rodovia Norte-Sul sub-concession agreement
Farallon Latin America and Mubadala Investment Company R$1.65 billion acquisition of Concessionária Rota das Bandeiras
“Good technical expertise on contract law. In addition to the appropriate contract law knowledge, the firm is very experienced in preparing and supporting complex contracts administration.”
Capital markets : Debt
“Accurate responses, understanding of the law/local regulation and independence.”
“Great organisation and commitment.”
“Knowledgeable of the issuer industry.”
“The firm acts with a lot of technical knowledge, seeking to understand the company's business and with availability.”
“Associates and partners are extremely accessible, and know a lot of the details of the deals.”
“We had very close contact- solving everything quickly with high degree of professionalism.”
Capital markets : Equity
“Machado Meyer is a renowned firm which is business oriented, agile and focused on finding a safe and practical solution which best fits the company's need.”
“Technical precision and very quick responsiveness.”
“Partners and senior associates are always on the top of issues throughout the transactions and are always reachable. Although some law firms keep junior associates in the frontline of the legal work with the purpose to be more cost-effective, the quality of the legal work decreases rampantly. This does not happen with Machado Meyer.”
“Straight forward approach with solid technical skills.”
“The service is excellent, they have high qualified lawyers, they accomplish all deadlines, they are easy to deal.”
“Incredible availability from all team members and a great response time.”
“Good availability and quick responses.”
“Always available to help, especially with challenging schedules.”
“Very professional. High quality of the lawyers and prompt responses.”
“Although being a top tier and one of the biggest law firms in Brazil, the partners and associates are always available and willing to help, also proposing paramount legal solutions to solve any existing issue.”
Restructuring and insolvency
“The lawyers with whom I worked at this law firm provide advice that has the right mix of technical analysis and commercial awareness. They are responsive and understand the complex issues that arise in cross-border insolvencies and restructurings.”
“Technical background, team management, availability and competence on problem solving situations.”
“Although being a senior partner, he is always available to assist in a kind manner. He provides robust legal solutions for complex issues.”
“Always available, responsive and kind.”
“Commitment, proactive, responsible and straight to the point.”
“His service, communication and knowledge. He is a high qualified lawyer.”
“Responsiveness, full knowledge of the Brazilian capital markets, pro deal and brings solutions to the table.”
“Very proactive, know a lot of debt capital markets, and very fast.”
“Guilherme Azevedo has become a primary point of contact over the last years.”
“Understanding of local regulation and ability to intermediate discussions.”
“Technical knowledge and availability.”
“Gustavo has a deep knowledge of capital market, M&A and corporate law, is very accessible, agile without losing work quality, and focused in finding the best solution for the business. It is a pleasure to work with him.”
“Very qualified and professional. One of the best lawyers in Brazil.”
Luciana Costa Engelberg
“Luciana is always available and always complies with very tight deadlines, she is very creative in presenting alternative solutions, she is very pleasant to work with and interacts well with all areas/levels.”
“Mauro has solid legal knowledge.”
“Renato is very skilled at providing complex and technical advice in a manner that is easy for both clients and other practitioners to understand.”
“Theoretical and practical expertise on contract law. The lawyer is able to bring some of the best solutions regarding complex contracts issues.”