Alpax

What Alpax does

Alpax is an independent investment bank founded in 2003 by Patrice Guiol after ING exited most of its Latin American investment banking operations. The firm relocated its headquarters to Miami and now provides specialized financial advisory services focused exclusively on Latin America: mergers and acquisitions advisory (company sales, acquisitions, and joint ventures), fundraising (structured financing and debt restructuring), and standalone financial advisory (valuations and feasibility studies). Alpax serves enterprise clients through a six-office regional network spanning Miami, Bogotá, Quito, Santa Cruz de la Sierra, Buenos Aires, and Asunción, with apparent coverage extended to 35 countries through its 2015 membership in the AICA (Alliance of International Corporate Advisors) network.

Alpax's core offering is organized into three integrated service lines — M&A, fundraising, and financial advisory — and is delivered through a people-based model in which senior managers are directly engaged from origination to close on every engagement. The firm does not operate a proprietary technology platform; revenue depends entirely on the expertise of its 26 professionals, who combine approximately 75 years of senior investment banking experience and who serve clients across food and beverages, retail, logistics and distribution, real estate, financial institutions, and agribusiness. According to firm disclosures, Alpax has facilitated over 150 closed transactions or projects representing more than $5 billion in aggregate transaction value, with a stated track record of zero confidentiality breaches.

The revenue model is transaction-fee based, with compensation derived from M&A advisory completion fees and fundraising transaction fees. Pricing is quote-based and varies with deal size, complexity, and scope, consistent with standard boutique investment banking practice. Distribution is exclusively direct, senior-led enterprise engagement from regional offices rather than marketing-driven lead generation; client acquisition relies on professional referrals, repeat customers, and institutional relationships with multilateral lenders including IFC, IDB, IIC, CAF, and Bladex.

Name

Alpax

Legal name

Alpax Inc.

Website

https://alpax.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Alpax is a Miami-headquartered independent investment bank providing mergers and acquisitions, fundraising, and financial advisory services to enterprises across Latin America through six regional offices and the AICA international network.

Ownership category

akta.pro rank

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. M&A Advisory Fees: Financial advisory services for mergers and acquisitions including company sales, acquisitions, and joint ventures. Revenue is generated through professional advisory fees and transaction completion fees.
2. Fundraising Services: Assistance with structured financing and debt restructuring, generating fees for financial advisory and transaction completion.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Alpax is an independent investment bank providing financial advisory services on mergers and acquisitions, fundraising, and valuations in Latin America. Core offerings include M&A advisory (company sales, acquisitions, joint ventures), fundraising services (structured financing and debt restructuring), and financial advisory (valuations and feasibility studies), delivered through senior-led engagements across seven regional offices in the Americas.

Product overview

Alpax is an independent investment bank offering a unified suite of financial advisory services for Latin America. The core offerings consist of three integrated service lines: (1) Mergers & Acquisitions covering Sales, Acquisitions, and Joint Ventures; (2) Fundraising encompassing Structured Financing and Debt Restructuring; and (3) standalone Financial Advisory for valuations and feasibility studies. These services are delivered through a network of six regional offices spanning Miami, Bogota, Quito, Buenos Aires, Montevideo, and Asunción, with a combined team of 26 professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Mergers & Acquisitions Investment banking advisory services assisting clients in selling their company, acquiring a company, and finding strategic partners. Includes Sales, Acquisitions, and Joint Ventures services for Latin American mid-market and enterprise companies.
• Fundraising Financing services including obtaining lines of credit for clients and assisting with debt restructuring. Encompasses Structured Financing and Debt Restructuring offerings for Latin American corporates.
• Financial Advisory Valuations and feasibility studies providing financial analysis and strategic guidance to clients in Latin America.

Quantifiable outcome

• Over $5 billion in closed transaction values
• +2 more outcomes

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• AICA (Alliance of International Corporate Advisors)coreStrategic or Co-development Partner · 1 January 2015Alpax was admitted into the AICA network in 2015, giving access to 40 peers spread across 35 key countries. This membership enables Alpax to extend its regional coverage globally and identify targets or buyers for cross-border transactions. AICA is an organization with selective membership spanning across the Americas, Europe and Asia.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• GBM (Grupo Bursátil Mexicano): Independent Mexican broker-dealer with an active investment banking and M&A advisory practice serving Latin American corporates, providing a comparable independent regional advisory profile.
• Aldeva Partners: Mexico-based independent M&A advisory boutique serving mid-market clients in Latin America, with a similar senior-banker-led model and cross-border transaction focus as Alpax.
• LarrainVial: Chilean financial group with a strong investment banking and corporate advisory practice across Latin America, providing comparable M&A and capital markets advisory to mid-market clients.
• Serficor: Mexican independent advisory boutique focused on M&A and corporate finance for mid-market Latin American companies, with a comparable boutique profile and regional deal focus.
• IM Trust: Chilean investment bank with M&A advisory and capital markets services across Latin America, offering similar cross-border mid-market advisory capabilities.

Broad incumbents

• BTG Pactual: Largest Latin American investment bank with extensive M&A, equity capital markets and financing capabilities across the region; competes with Alpax on larger cross-border mandates.
• Goldman Sachs LatAm M&A: Global bulge-bracket with a longstanding Latin America M&A practice; competes for the largest cross-border transactions in the same regions as Alpax.
• J.P. Morgan LatAm M&A: Global bulge-bracket investment bank with an established Latin America M&A practice; competes for larger LATAM M&A mandates alongside regional boutiques.
• Itaú BBA: Brazilian investment banking arm of Itaú Unibanco with a leading M&A franchise across Latin America; relevant incumbent comparator for cross-border advisory mandates.
• Morgan Stanley LatAm M&A: Global bulge-bracket with an active Latin American M&A advisory business, particularly for larger cross-border transactions involving Latin American targets and acquirers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/alpaxinc
• Facebookfacebook.com/Alpax-Inc-166007270120897
• LinkedInlinkedin.com/company/alpax

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpax