Founder-led Mid-Market M&A Boutique · Unlocking Liquidity · Engineering Strategic Outcomes
Complex assets. Convinced capital.
Zion Search Capital prepares, originates and executes mid-market transactions across LATAM for Private Equity funds, Family Offices and strategic acquirers.
Santiago · LATAM · Global Reach
Est. 2024
We engineer exits. We don't run processes.
A specialized M&A boutique focused on the USD 20–120M segment of Latin America. Built by operators with real exit experience — not by analysts.
End-to-end execution, built around the founder.
Our service stack addresses the lower-middle market's actual gaps — not just transactional execution, but the preparation, structuring and post-deal continuity that engineer real outcomes.
Real outcomes. Real founders. Real exits.
AI & Data
Exalítica
Acquired by Deloitte Canada
Outcome
Undisclosed valuation — first AI company acquired in South America
Clinical Diagnostics & Biotech
Galénica
International PE fund entry
Outcome
7.1x EBITDA exit multiple
Fintech
Refy
Growth & Capital Strategy
Outcome
Assets divested in 2025
Operators turned advisors.
Zion was built by founders with direct experience creating, scaling and selling companies. That track record translates into an owner's mindset applied to every mandate.
The best exits are engineered.
Let's design the outcome.
Santiago · Chile — Originating in LATAM. Monetizing globally.
Managing Partner & Co-Founder
Andrés Awnetwant U.
aawnet@zscapital.clChief Legal Officer & Co-Founder
David Ancelovici
dancelovici@zscapital.cl