B8 Partners

What B8 Partners does

B8 Partners is a privately-held Brazilian boutique financial advisory firm headquartered in São Paulo's Itaim Bibi district, with additional offices in Rio de Janeiro and Jaraguá do Sul. The firm delivers three core service lines to enterprises, business owners, founders, and investors: Mergers and Acquisitions advisory (buy-side and sell-side mandates, valuation, due diligence, negotiation, structuring, and post-merger integration), Corporate Debt and Credit (DCM origination and structuring across debentures, CRI, CRA, FIDC, commercial notes, mezzanine, and project finance), and Alternative Investments advisory (private equity, venture capital, real estate, infrastructure, distressed assets, direct lending, digital assets, and judicial claims). The firm is led by Managing Director Partners Marcelo Liberman (Investment Banking), Beny Fard (Dívida & Crédito, former BTG Pactual executive), Rubens Neistein (Investimentos Alternativos), and Partner Rafael Donato (Dívida e Crédito Corporativo), with 11 total employees and a stated track record of 150+ transactions and R$5 billion+ transacted across 15+ industry sectors.

The firm's technology layer consists of a proprietary AI engine that automates M&A processes (valuation, due diligence, negotiation, structuring, and post-fusion integration) and AI-supported balance-sheet and guarantee analysis for credit operations. A subsidiary fintech platform, DeFin, was launched in February 2025 to provide "Investment Banking as a Service" for tokenized real-world assets, including collateral audit, qualified custody, and programmable covenants. A research division has been publishing market analysis, reports, and compliance co-branded materials on digital assets since 2017.

B8 operates a hybrid go-to-market combining direct enterprise field sales led by senior partners, an Originator Partner Program that pays revenue share to accounting, law, and investment advisory firms that originate structured capital mandates (minimum R$5 million ticket), and a self-serve/digital distribution layer through DeFin for tokenized credit. Revenue is generated primarily through transaction-based M&A advisory fees, professional services fees for debt structuring and alternative investments advisory, affiliate/referral revenue share, and corporate credit service fees, with research and education as ancillary income. The firm has no disclosed institutional investors, parent company, or external ownership.

Name

B8 Partners

Legal name

B8 Partners

Website

https://b8.partners

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

B8 Partners is a São Paulo-based boutique financial advisory firm serving Brazilian enterprises and investors with M&A advisory, corporate debt and credit structuring, and alternative investments, supported by a proprietary AI engine and a tokenized real-world assets platform (DeFin).

Ownership category

akta.pro rank

Product category

Investment Banking Advisory

NAICS

Investment Banking and Securities Intermediation (52315)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Loan Brokers (6163)

akta.pro primary industry

M&A / Corporate Finance Finders (Deal Origination) (FSAEAMAD)

akta.pro secondary industries

B2B Channel Partners & Referral Agencies (Cross-Industry Referral) (FSAEAMAN), Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

Keywords

• Investment banking advisory
• Mergers and acquisitions
• Debt capital markets
• Alternative investments
• Real world asset tokenization

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. M&A Advisory Fees: Advisory fees for mergers and acquisitions transactions including buy-side and sell-side mandates, valuation, due diligence, negotiation, structuring, and post-fusion integration services. Revenue is transaction-based, generated upon completion of M&A deals.
2. Debt and Credit Structuring: Fees from structuring and distributing debt instruments including debentures, structured operations, project finance, mezzanine financing, commercial notes, FIDC, CRI, CRA. Services include origination, structuring, and distribution of debt titles for small and middle market companies.
3. Corporate Credit Services: Revenue from corporate credit services including business checking accounts, credit lines, receivables anticipation, construction financing, and business insurance. Fees generated through interest spreads and service charges.
4. Alternative Investments Advisory: Advisory services for alternative investments including private equity, LBO, venture capital, real estate, infrastructure, hedge funds, special situations, distressed assets, direct lending, commodities, art, legal claims (judicial assets), and digital assets (crypto wallets and tokenized assets/RWA).
5. Originator Partner Revenue Share: Revenue sharing with channel partners (originators) who bring capital demand opportunities from their client base. Partners earn a portion of revenue for structured operations they originate, creating a recurring referral-based income stream.
6. Research and Education: Revenue through research publications, market analysis reports in traditional financial market language, co-branded compliance materials, and continuous education and training for teams in digital assets.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

B8 Partners is a boutique financial advisory firm that advises companies, entrepreneurs, and investors across three core service lines: Mergers & Acquisitions (buy-side and sell-side mandates, valuation, due diligence, negotiation, structuring, and post-fusion integration), Debt and Corporate Credit (origination, structuring, and distribution of debentures, FIDC, CRI, CRA, commercial notes, project finance, mezzanine), and Alternative Investments (private equity, venture capital, real estate, infrastructure, distressed assets, and digital assets). The firm operates the DeFin platform for tokenized real-world asset (RWA) governance and runs an Originator Partner Program for channel referrals with minimum tickets of R$5 million.

Product overview

B8 Partners is a boutique financial advisory firm offering a one-stop-shop approach to capital markets. The product portfolio centers on three core service lines — Mergers & Acquisitions (M&A), Debt & Corporate Credit (DCM), and Alternative Investments — supported by a proprietary fintech platform called DeFin for tokenized assets (RWA). Additional offerings include Research services for digital assets education and an Originator Program for partner firms to originate structured capital operations starting at R$5 million. The DeFin platform provides the technology layer for orchestrating credit tokenization with end-to-end governance, while the advisory services are delivered by senior professionals with 20+ years of market experience.

Differentiator

Problem solved

Functional benefit

Brands

• DeFin: Fintech platform focused on Investment Banking as a Service, focused on Tokenized Assets (RWA)

Products and services

• Mergers & Acquisitions (M&A) Advisory Full advisory service for M&A transactions including buy-side and sell-side mandates, valuation, due diligence, negotiation, structuring, and post-merger integration, supported by proprietary AI algorithms for market timing and investment-thesis alignment. Targets enterprises, entrepreneurs, and investors across multiple sectors.
• Debt and Corporate Credit (Dívida e Crédito Corporativo) Corporate debt and credit advisory covering DCM operations (debentures, structured operations, project finance, mezzanine financing, FIDC, CRI, CRA, commercial notes) and corporate banking services (business accounts, credit lines, receivables advancement, construction financing, insurance, FX). Targets companies seeking structured financing across small/middle-market to large enterprises.
• Alternative Investments Advisory (Investimentos Alternativos) Alternative investment advisory covering Equity & Assets (private equity, LBO, venture capital, real estate, infrastructure, hedge funds, special situations, distressed assets, direct lending, commodities), Legal Claims (judicial assets), and Digital Assets (managed crypto and tokenized portfolios). Targets investors and entrepreneurs seeking differentiated opportunities.
• DeFin Platform Fintech platform focused on Investment Banking as a Service for Tokenized Assets (RWA). Provides technology infrastructure for structuring, auditing, and monitoring real assets with end-to-end governance (collateral audit, qualified custody, programmable covenants) for the digital credit market.
• Research Services (Digital Assets) Research, curation, and education in digital assets delivered in traditional financial-market language, including co-branded compliance materials and continuous training for teams. Active since 2017, with 50+ reports and 200+ articles and analyses published.
• Originator Program (Para Originadores) Partner program enabling accounting, legal, and investment advisory firms to originate structured capital operations for their business clients, with minimum captation tickets starting at R$5 million; partners receive a revenue share for structured operations originated.

Quantifiable outcome

• 150+ transactions completed with R$5 billion+ transacted
• +3 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Regional players

• LarrainVial: Independent Chilean investment bank and asset manager offering M&A advisory, DCM, equities, and alternative investments across Latin America. Comparable as a regional boutique IB competitor pursuing a similar one-stop-shop model in a neighboring South American market.

Direct peers

• Gávea Investimentos: Brazilian boutique alternative-asset manager founded by former central-bank governor Arminio Fraga, focused on PE, hedge funds, and credit. Comparable to B8 Partners as a senior-led independent advisory platform serving sophisticated Brazilian clients across M&A and alternative investment mandates.
• Vinci Partners: Brazilian independent alternative-asset and investment-advisory firm (PE, credit, infrastructure, wealth management). Most directly comparable to B8 Partners given its boutique scale and simultaneous offering of M&A advisory, private credit, and alternative investment products to corporate and high-net-worth clients in Brazil.
• Pátria Investimentos: One of Brazil's largest independent alternative-investment and advisory platforms covering PE, infrastructure, credit, and public-equity mandates. Comparable to B8 Partners in its integrated M&A advisory + alternative-investment + credit structuring proposition targeted at Brazilian corporates and business owners.

Broad incumbents

• BTG Pactual: Largest independent investment bank in Latin America, offering full M&A, DCM, ECM, wealth management, and asset management. Directly relevant to B8 Partners because its former employer of founding partner Beny Fard and currently the dominant Brazilian competitor across all three of B8's service lines.
• XP Inc. Brazilian financial-services platform spanning investment distribution, wealth advisory, investment banking, and asset management. Comparable as a competitor for both the alternative-investments advisory franchise and the originator-channel distribution model that B8 is building with its Originator Partner Program.
• Banco Bradesco BBI: Investment-banking division of Banco Bradesco, among Brazil's top three M&A and DCM advisors. Relevant incumbent peer given its parallel activity in debentures, CRIs, CRAs, and FIDC structuring — the same debt instruments B8 structures through its DCM practice.
• Itaú BBA: Investment-banking arm of Itaú Unibanco, one of the principal full-service IB competitors in Brazil for M&A advisory, debt structuring (debentures, CRIs, CRAs), and equity origination. Represents the incumbent benchmark against which B8's boutique offerings compete on mid-market and large-cap mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/b8partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 B8 Partners