South Andes Capital

What South Andes Capital does

South Andes Capital is an independent financial advisory firm headquartered in Santiago, Chile, founded in 1993. The firm specializes in three service lines: mergers and acquisitions advisory (including company and asset sales, strategic partnerships, capital increases, and acquisitions for market entry), bidding process advisory (design and execution of competitive bidding for long-term supplies, concessions, and lease contracts), and corporate finance advisory (business model design, company and asset valuation, investment project structuring, asset restructuring, and commercial agreement negotiation). It serves large domestic and international companies, institutional investors, investment funds, family offices, and shareholders of medium-sized family-owned businesses across sectors including electricity, water and wastewater, ports, mining, real estate, telecommunications, forestry, agro-industrial, financial, and industrial.

The firm operates with a team of 8 senior executives and partners who have worked together for more than 24 years, and has advised on aggregate transaction value of approximately US$18,000 million, including 23 transactions above US$100 million. Approximately one-third of clients are foreign companies or institutions. Since 2010, South Andes Capital has been the exclusive Chilean member of IMAP, a global M&A advisory association with presence in 51 countries, 60+ offices, and 450+ professionals, which IMAP ranked 7th worldwide in 2025 for transactions up to US$500 million.

Revenue is generated through bespoke, engagement-based professional services fees tied to transaction complexity and scope, with no publicly disclosed pricing tiers. The go-to-market model is direct, senior partner-led advisory, supplemented by referrals through the IMAP network for cross-border mandates and inbound interest into Chile. Marketing is anchored in IMAP-published sector reports and industry events rather than performance or product marketing, consistent with a relationship-driven advisory practice.

Name

South Andes Capital

Legal name

South Andes Capital

Website

https://southandes.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

South Andes Capital is an independent Santiago-based M&A and corporate finance advisory firm founded in 1993, serving large enterprises, institutional investors, family offices, and mid-market family-owned businesses in Chile and cross-border via the IMAP network.

Ownership category

akta.pro rank

Product category

Investment Banking and M&A Advisory

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

Keywords

• Mergers and acquisitions advisory
• Corporate finance advisory
• Competitive bidding processes
• Company valuation services
• Investment banking services

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Mergers & Acquisitions Advisory: Advisory fees for sale and purchase of companies including controlling or minority interest stakes, strategic assets, and projects. Company mergers, incorporation of strategic and financial partners, capital increases, and entry to new markets through acquisitions.
2. Bidding Process Advisory: Design and execution of competitive bidding processes for procurement of long-term strategic supplies, concession awards, and lease contracts. Financial advisory for participation in competitive bidding processes.
3. Corporate Finance Advisory: Business model design, commercial schemes, and investment project structuring. Company and asset valuation, investment project evaluation, asset restructuring, and negotiation of commercial agreements.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

South Andes Capital is an independent financial advisory firm that provides M&A advisory (sale and purchase of companies, mergers, capital increases, market entry via acquisitions), competitive bidding process design and execution (for strategic supplies, concessions, and lease contracts), and corporate finance advisory (business model design, valuation of companies and assets, investment project structuring, asset restructuring, and negotiation of commercial agreements). Services are delivered directly by senior partners across sectors including electricity, water/wastewater, ports, mining, real estate, telecommunications, forestry, agro-industrial, financial, and industrial.

Product overview

South Andes Capital is a financial advisory firm (not a software/technology company) offering three core service lines: (1) Fusiones y Adquisiciones (M&A) for company and asset transactions, (2) Procesos de Licitación for competitive bidding process design and execution, and (3) Finanzas Corporativas for business modeling, valuation, and restructuring. These services are delivered directly by the firm's team of partners and executives, with no modular software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Fusiones y Adquisiciones (M&A Advisory)

Quantifiable outcome

• US$18,000 million in total transactions advised
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• IMAP (International M&A Partners)coreStrategic or Co-development Partner · 1 January 2010Since 2010, South Andes Capital has been the exclusive member for Chile of IMAP, an organization of M&A advisory firms founded in 1973. IMAP has presence in 51 countries with 60+ offices and 450+ professionals. In 2025, IMAP ranked 7th worldwide in transactions up to US$500 million, with 254 transactions closed totaling US$16 billion. This partnership enables South Andes to execute transactions for international clients in Chile and for local clients abroad.

Scale indicators11 records

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• UBS Investment Bank: UBS Investment Bank is a global bulge-bracket firm (post-Credit Suisse integration) with significant advisory and capital markets capability across Latin America. Comparable as a competitor for large cross-border M&A and strategic transactions involving Chilean clients and assets.
• Morgan Stanley: Morgan Stanley is a global bulge-bracket investment bank with a Latin American M&A advisory franchise covering large strategics and financial sponsors. It competes with South Andes Capital on cross-border mandates where global sector expertise and capital markets execution are required.
• Scotiabank Chile: Scotiabank Chile (acquirer of Celfin Capital) operates an investment banking and advisory practice serving Chilean corporates and institutions. It competes with South Andes Capital for mid- and large-cap advisory mandates and provides an integrated banking + advisory offering.
• Citi: Citi is a global bulge-bracket bank with a long-established Chilean presence and an active investment banking and capital markets business. It competes with South Andes Capital for large-cap M&A mandates involving Chilean corporates and infrastructure assets.
• Goldman Sachs: Goldman Sachs is a global bulge-bracket bank with a strong investment banking division serving Latin American corporates, financial sponsors, and sovereigns. Comparable as a competitor on cross-border and mega-cap M&A mandates involving Chilean assets or counterparties.
• J.P. Morgan: J.P. Morgan is a global bulge-bracket investment bank with an active Chilean and Latin American M&A practice serving large corporates, governments, and institutional investors. It competes with South Andes Capital on larger transactions where balance sheet and global coverage outweigh boutique differentiation.

Direct peers

• Banco BICE: BICE is a Chilean bank with an active corporate finance and M&A advisory practice serving large domestic corporates and institutional clients. It directly competes with South Andes Capital for advisory mandates in the Chilean mid- and large-cap deal market.
• Banco Itaú BBA: Itaú BBA is the investment banking arm of Itaú Unibanco with deep M&A advisory capability across Latin America, including meaningful Chile and Andean-region coverage. Comparable to South Andes Capital in servicing strategic and financial buyers on mid-market LatAm deals.
• BTG Pactual: BTG Pactual is a leading Latin American investment bank with strong M&A advisory presence across Brazil, Mexico, Chile and other LatAm markets. It is a direct competitor for cross-border and Chilean-region transactions involving infrastructure, energy, and mining — core verticals for South Andes Capital.
• Larraín Vial: Larraín Vial is a major Chilean investment bank and asset manager with a corporate finance and M&A advisory practice serving large corporates and institutional clients across Chile and the broader Andean region. It competes head-to-head with South Andes Capital for mid- to large-cap Chilean M&A mandates.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/south-andes-capital

Revenue estimate

Valuation estimate

Number of profiles

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 South Andes Capital