Expande Capital
Expande Capital is a Costa Rica-based boutique financial consulting firm founded in 2018 that delivers financial diagnostics, strategic accompaniment, corporate finance advisory, and investor matching services to small and medium-sized enterprises.
- Company typePrivate
- Founded2018
- HeadquartersSan José, Costa Rica
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Expande Capital does
Expande Capital is a boutique financial consulting firm headquartered in Santa Ana, San José, Costa Rica, founded in 2018 by Peruvian finance professional Andrés Gruter Sayán. The firm delivers four integrated service lines to small and medium-sized enterprises (SMEs) and management teams: Diagnóstico Financiero (financial diagnostic across commercial effectiveness, profitability, liquidity, solvency, and value creation), Acompañamiento Estratégico (ongoing strategic accompaniment with periodic board meetings), Finanzas Corporativas (corporate finance advisory covering valuation, M&A support, capital structure analysis, private debt structuring, and dividend policy), and Servicios para Inversionistas (investor matching with a curated private capital network and a monitoring web platform). Service delivery is supported by a proprietary secure electronic client portal with authenticated access to financial analyses, video/audio presentations, operational indicators, and budgets.
The firm is led by a founder with 19+ years of experience spanning Citibank Peru treasury, BNP Paribas – Andes operations, and cross-border advisory work in Germany and Costa Rica, holding an MBA from the University of Chicago Booth School of Business. Disclosed case studies include Euro Concept Costa Rica S.A. (furniture manufacturing, outsourced CFO function), Lo Bodeguita del Medio (Cuban restaurant franchise, periodic performance analysis), and ONE Entertainment (event production, financial analysis and fiscalization of major concerts).
Commercially, Expande Capital operates a sales-led, quote-based, project-or-retainer professional services model with no publicly disclosed pricing. GTM is contact-driven via website forms, email, and WhatsApp, supplemented by content marketing across LinkedIn, Facebook, Instagram, YouTube, and a Spanish-language newsletter. The firm is privately held by its founder with no external investment, no parent company, and serves primarily the Costa Rican market with latent capacity for broader Latin American engagement. No revenue figures, funding events, certifications, patents, or partnership disclosures are present in the source material.
Expande Capital firmographics
Firmographics- Name
- Expande Capital
- Legal name
- Expande Capital
- Website
- https://expande.capital
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Expande Capital is a Costa Rica-based boutique financial consulting firm founded in 2018 that delivers financial diagnostics, strategic accompaniment, corporate finance advisory, and investor matching services to small and medium-sized enterprises.
- Ownership category
- akta.pro rank
Expande Capital industry classification
Industry- Product category
- Financial Consulting & Corporate Advisory Services
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE)
- akta.pro secondary industries
- Corporate Finance & Capital Advisory (BPAHADAB), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Debt Advisory & Financing Advisory (FSAEAGAD)
Keywords
Where Expande Capital is headquartered
LocationHeadquarters
- HQ city
- San José
- HQ country
- Costa Rica
- HQ region
- Latin America
Offices1 record
Markets served
Expande Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Financial Consulting Services: Professional consulting fees charged for financial advisory services including diagnostic, strategic accompaniment, corporate finance, and investor services. Revenue appears to be project-based or retainer arrangements tailored to SME needs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom consulting engagement pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Expande Capital product offering
Product offeringCore offering
Expande Capital is a boutique financial consulting firm that sells four advisory services to small and medium-sized enterprises in Costa Rica: Diagnóstico Financiero (financial diagnosis), Acompañamiento Estratégico (continuous strategic accompaniment via periodic board meetings and a secure electronic portal), Finanzas Corporativas (corporate finance including valuation, M&A, and capital structure), and Servicios para Inversionistas (deal sourcing and investor portfolio monitoring for a private investor network).
Product overview
Expande Capital is a boutique financial consulting firm offering four integrated service lines: Diagnóstico Financiero (financial diagnosis), Acompañamiento Estratégico (strategic accompaniment with an electronic portal), Finanzas Corporativas (corporate finance advisory), and Servicios para Inversionistas (investor services). The strategic accompaniment service includes a proprietary secure electronic platform for clients to access financial analyses, while the investor services include a separate web platform for monitoring investments. Together, these services address the full spectrum of financial advisory needs from diagnostic assessment to ongoing strategic support and capital market access.
Differentiator
Problem solved
Functional benefit
Products and services
- Diagnóstico Financiero A basic financial diagnostic service that quickly identifies areas of strength and weakness in a company, focused on commercial effectiveness, profitability, liquidity, solvency, and value creation. Results are presented graphically for intuitive understanding. Targeted at small and medium-sized enterprises needing a structured baseline assessment of their financial health.
- Acompañamiento Estratégico Continuous consulting service involving periodic board meetings with company management, shareholders, and investors to analyze financial performance. Includes access to a secure electronic platform with financial analyses, video/audio presentations, operational indicators, and budgets. Targeted at SMEs requiring ongoing CFO-level strategic support without a full-time executive hire.
- Finanzas Corporativas Corporate finance advisory services focused on strategic decision-making, including business valuation, M&A transactions, capital structure analysis, private debt structuring, and dividend policy evaluation. The team delivers investment banking-level services, targeted at SMEs undertaking transactions, fundraising, or capital structure reviews.
- Servicios para Inversionistas Services identifying high-growth-potential companies for a network of private investors. Includes building an investment board that periodically meets with selected entrepreneurs to evaluate investment opportunities, and a web platform for investors to monitor their investments. Targeted at private investors seeking qualified deal flow in Costa Rica and Latin America.
Companies that use Expande Capital
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Expande Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Expande Capital partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
Expande Capital competitors and assessment
Company assessmentBroad incumbents
- Grant Thornton: Global audit and advisory network serving dynamic mid-market companies. Comparable because it delivers corporate finance, M&A, and strategic advisory services to SMEs and growth-stage firms analogous to Expande Capital's target segment.
- BDO Global: Global accounting and advisory network with strong SME and mid-market focus across Latin America. Comparable to Expande Capital because it serves similar SME clients needing financial advisory, valuation, and corporate finance services, but at much larger scale and broader scope.
- EY-Parthenon: Strategy and corporate finance arm of EY offering M&A advisory, transaction support, and strategic consulting. Comparable to Expande Capital because its deal advisory and corporate finance work overlaps directly with the firm's Finanzas Corporativas and Diagnóstico Financiero service lines.
- Marcum LLP: US-focused accounting and advisory firm with strong middle-market and growth-company practice. Comparable to Expande Capital because it delivers corporate finance, valuation, and strategic advisory tailored to mid-sized and emerging businesses.
- Crowe Global: Global accounting and consulting firm with strong mid-market focus. Comparable to Expande Capital because it provides advisory, valuation, and corporate finance services to SMEs and growth companies with international operations.
- RSM International: Mid-market-focused global audit, tax, and consulting firm. Closely comparable to Expande Capital because its core positioning — premium advisory for mid-sized and growth companies — mirrors the SME advisory niche Expande targets.
- Baker Tilly: Global advisory, tax, and assurance firm focused on middle-market companies. Comparable to Expande Capital because it offers corporate finance advisory, valuation, and strategic financial services to growth-stage businesses similar to the firm's SME clientele.
- Deloitte (Latin America): Big 4 professional services firm with extensive corporate finance and SME advisory practices across LATAM. Comparable to Expande Capital as it offers M&A, valuation, and strategic advisory to mid-market companies, though at vastly larger scale and broader scope.
- CBIZ: US business advisory firm providing financial advisory, valuation, and corporate finance services to mid-market companies. Comparable to Expande Capital because it serves similar SME and growth-stage clients needing outsourced financial management and corporate finance support.
- KPMG (Latin America): Big 4 firm offering corporate finance, deal advisory, and strategy consulting. Comparable to Expande Capital because it serves similar SME and mid-market clients needing financial advisory, transaction support, and strategic guidance.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Expande Capital social profiles
Digital presenceExpande Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Expande Capital leadership team
Management profileNumber of profiles
Profiles5 records
Expande Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Expande Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Expande Capital
What does Expande Capital do?
Expande Capital is a boutique financial consulting firm that sells four advisory services to small and medium-sized enterprises in Costa Rica: Diagnóstico Financiero (financial diagnosis), Acompañamiento Estratégico (continuous strategic accompaniment via periodic board meetings and a secure electronic portal), Finanzas Corporativas (corporate finance including valuation, M&A, and capital structure), and Servicios para Inversionistas (deal sourcing and investor portfolio monitoring for a private investor network).
Is Expande Capital a public or private company?
Expande Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Expande Capital founded?
Expande Capital was founded in 2018. It employs 1 to 10 people.
Where is Expande Capital based?
Expande Capital is headquartered in San José, Costa Rica, in the Latin America region.
How does Expande Capital make money?
One revenue line is on record: financial Consulting Services.
Who are Expande Capital's main competitors?
Broad incumbents on record are Grant Thornton, BDO Global, EY-Parthenon, Marcum LLP, Crowe Global, RSM International, Baker Tilly, Deloitte (Latin America), CBIZ and KPMG (Latin America).
Does Expande Capital have an API?
No public API is recorded for Expande Capital.
What industry is Expande Capital in?
Expande Capital's product category is Financial Consulting & Corporate Advisory Services. Its primary akta.pro industry code is FSAEAGAE, Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps), with a secondary code of BPAHADAB, Corporate Finance & Capital Advisory. Its NAICS code is 523940 and its SIC code is 6282.