Loading...
buyside-partners2025-06-05T17:24:42-03:00

LATAM Highlights

+75k

tech companies

+63k

unfunded tech companies

+20

Tech IPO

+usd$ 600B

Market Value

usd$ 140B

2028 Digital export market

33%

CAGR 2025-2028 Digital
export market

+50 unicorns

In 2017, Latin America had two unicorns; by 2021, the number rose to 34, showcasing rapid growth and a thriving entrepreneurial ecosystem with significant opportunities for tech investors.

Unlock opportunities in
Latam’s booming Tech sector

Latin America’s tech industry is evolving rapidly, making it a top destination for global investors. Our comprehensive report provides in-depth insights, including:

• Regional Highlights: Key data on market size, unicorn  growth, and digital exports.
• Investment Opportunities by Country: Detailed analysis of Brazil, Argentina, Mexico, and Chile, high lighting talent, incentives, and economic outlooks.
• Key Success Factors in Latam: Insights into talent  availability, infrastructure advantages, and economic  incentives.
• Leading Tech Verticals: Opportunities in Fintech, Healthtech, and Proptech driving innovation across the region.

Download the full report now to discover how Latam’s tech ecosystem can unlock unparalleled investment opportunities for you!

LATAM Highlights

Explore LATAM highlights! Click on each circle to uncover key insights about Talent, Economy, M&A, Geography, and Countries.

Uncover the potential of Latam’s
thriving tech ecosystem

Partner with Valio Ventures
for expert buy-side services

We have over 25 years of experience in Latin America’s technology market, helping companies shape their inorganic growth strategy in the region.

M&A Strategy

We advise the inorganic strategy for acquisition prospects, adding real value through our deep regional know-how an network.

Full M&A Process

We support our clients from the analysis and search for potential targets, leveraging a constantly updated database, all the way through to final negotiation and acquisition.

Integration & Advisory

We accelerate synergies between companies by ensuring a smooth post-acquisition integration and providing support for the “day after.”

Buy side playbook

Book a call today to explore the Latin American market
and discover our tailored buy-side M&A services.

Latam Market Insights

Subscribe

Subscribe to the latest newsletter by completing the following information.

Latam Market Insights

Subscribe

Subscribe to the latest newsletter by completing the following information.

Why Valio Ventures

Strategy

We help our clients align their goals and key business aspects with a wide range of inorganic market opportunities, developing a tailored and forward-thinking strategy that maximizes potential and drives sustainable future growth.

Experience

Founding partners with over 30 years of global experience in technology, focused on Latin America. As former founders of tech companies, they have navigated multiple inorganic processes and currently advise technology company boards.

Playbook

We conduct a comprehensive analysis of each target, evaluating their key KPIs, valuation, and shareholder expectations and collaborate on synergy analysis, negotiations, due diligence, and integration as needed.

Network

Our constantly updated research platform and extensive network of contacts enable us to reach target companies in both existing and new market segments.

Team

We have a team of analysts dedicated to researching and identifying potential targets, leveraging innovative sources and tools, as well as Salesforce for the structured management of the target pipeline.

Team

Marcelo Girotti

Managing Partner

From 1998 to August 2022, he held key leadership roles as an Officer, CEO, and President in regional technology companies, including Impsat, Global Crossing, Latinware and Grupo BGH, where he successfully managed operations with up to 2,000 employees and drove regional expansion strategies across Latin America for these companies. Since 1998, he has actively participated on the boards of several technology companies, demonstrating a strong entrepreneurial spirit. He has also founded startups such as Conexia and Latinware, further expanding their operations throughout Latin America. His extensive experience spans M&A, IPOs, private financing, and inorganic corporate strategy, making him a seasoned leader in fostering growth and transformation within the technology sector.

Sebastian Gryngarten

Managing Partner

With over 20 years of expertise in technology and digital transformation, he founded Cubika in 1999, which was later acquired by GlobalLogic in 2010. He directed GlobalLogic’s growth in Latin America through 2018. Over the years, he has founded multiple startups and served as an angel investor and advisor to entrepreneurs across various industries. He has extensive experience in leading international company growth, M&A, and financing. Since 2018, he has been an active board member and advisor, shaping strategic decisions and guiding innovation. Additionally, he is actively involved in regional tech and investment associations, enhancing industry collaboration and development.

Hugo Besana

Europe Associate Partner

With over 25 years of experience as a CFO with a commercial focus and an MBA, he has built a national and international career, including roles as CFO of Tetra Pak in the UK and Ireland, leading an operational merger and SAP implementation, and CFO of Mercado Abierto Electrónico (MAE) in Argentina, managing daily asset trading exceeding $20 billion. Known for developing teams and fostering organizational success, he has also served on Boards of Directors, contributing to strategic decision-making and business growth.

Ernesto Krawchik

Uruguay Associate Partner

With over 30 years of experience leading technology companies, from startups to blue chip multinationals, he has occupied CEO and top regional executive roles in Latam. He has been a public voice that has helped modelling Argentina profile as a nearshore hub and is reckoned as the creator of one of the most vibrant software technology parks in Argentina. Known for his visionary and team-oriented leadership, he served as a strategy advisor or board member to many companies in the region. Ernesto is a founding member of CUGO, the Uruguayan corporate governance association, and was elected its first Chairman of the audit committee.

Jaime Alberto Pelaez Espinosa

Colombia Associate Partner

With over 30 years of experience leading organizations in finance, technology, and telecommunications nationally and internationally, he specializes in strategic planning, financial restructuring, and corporate transformation. Key achievements include record-breaking results at Internexa S.A. as CEO and managing complex financial restructurings across industries. An M&A expert, he is now an independent consultant and board member. His academic background in administration and finance includes training at Northwestern Kellogg, MIT, PADE, EAFIT, and Universidad de los Andes, standing out for his strategic vision and operational excellence.

Marcelo Girotti

Managing Partner

From 1998 to August 2022, he held key leadership roles as an Officer, CEO, and President in regional technology companies, including Impsat, Global Crossing, Latinware and Grupo BGH, where he successfully managed operations with up to 2,000 employees. Throughout his career, he has been instrumental in driving regional expansion strategies across Latin America for these companies, leveraging his deep understanding of the market dynamics. Since 1998, he has actively participated on the boards of several technology companies, demonstrating a strong entrepreneurial spirit. He has also founded startups such as Conexia and Latinware, further expanding their operations throughout Latin America. His extensive experience spans M&A, IPOs, private financing, and inorganic corporate strategy, making him a seasoned leader in fostering growth and transformation within the technology sector.

Sebastian Gryngarten

Managing Partner

With over 20 years of expertise in technology and digital transformation, he founded Cubika in 1999, which was later acquired by GlobalLogic in 2010. He directed GlobalLogic’s growth in Latin America through 2018. Over the years, he has founded multiple startups and served as an angel investor and advisor to entrepreneurs across various industries. He has extensive experience in leading international company growth, M&A, and financing. Since 2018, he has been an active board member and advisor, shaping strategic decisions and guiding innovation. Additionally, he is actively involved in regional tech and investment associations, enhancing industry collaboration and development.

Hugo Besana

Europe Associate Partner

With over 25 years of experience as a CFO with a commercial focus and an MBA, he has built a national and international career, including roles as CFO of Tetra Pak in the UK and Ireland, leading an operational merger and SAP implementation, and CFO of Mercado Abierto Electrónico (MAE) in Argentina, managing daily asset trading exceeding $20 billion. Known for developing teams and fostering organizational success, he has also served on Boards of Directors, contributing to strategic decision-making and business growth.

Jesús Trujillo Murillo

Europe Associate Partner

With over 25 years of experience in capital markets, he has worked with corporate and institutional clients at leading investment banks, managing diverse financial transactions. His expertise spans “Origination-to-close” management of real estate equity, maritime debt/equity, NPLs backed by consumer/tangible assets, and structured credit. He has led transactions in corporate restructuring, direct lending, real estate, and non-performing loan portfolios, with deep knowledge of investments, capital markets, and regulatory frameworks. Notable achievements include financing non-bank funds in hospitality and services, showcasing his expertise in complex structured operations.

Jaime Alberto Pelaez Espinosa

Colombia Associate Partner

With over 30 years of experience leading organizations in finance, technology, and telecommunications nationally and internationally, he specializes in strategic planning, financial restructuring, and corporate transformation. Key achievements include record-breaking results at Internexa S.A. as CEO and managing complex financial restructurings across industries. An M&A expert, he is now an independent consultant and board member. His academic background in administration and finance includes training at Northwestern Kellogg, MIT, PADE, EAFIT, and Universidad de los Andes, standing out for his strategic vision and operational excellence.

Contact

Schedule a call to learn more about latin american market and buy side services

Go to Top