Latin America's Leading Independent Advisory Firm
Since 1998, Volio Capital has advised founders, families, and institutions across 15 countries on more than 300 transactions — from $10 million divestitures to $300+ million cross-border acquisitions.
Deep Regional Insight Meets Global Financial Innovation
Volio Capital is an independent investment banking and asset management firm headquartered in San José, Costa Rica. We advise on mergers and acquisitions, capital raising, real estate finance, financial restructuring, and strategic transactions. Our asset management platform manages private equity and private credit strategies, including the Electric Mobility Fund — Costa Rica's first regulated private credit fund. Our clients include family-owned businesses, multinational corporations, financial sponsors, and institutional investors across Central America, the Caribbean, and broader Latin America.
Our Legacy, Your Advantage
28+
YEARS OF EXPERTISE
Founded in 1998. One of the longest-operating independent advisory firms in the region.
300+
SUCCESSFUL MANDATES
Average transaction size of ~$50M, reaching up to $300M+ per deal.
15+
COUNTRIES COVERED
Active across Costa Rica, Panama, Guatemala, El Salvador, Honduras, Dominican Republic, Colombia, Mexico, Peru, and beyond.
Featured transactions
A selection of mandates across Latin America since 1998
Cross-border transaction: client based in Canada; target based in Costa Rica.
Financial Institutions · M&A
Financial advisor to Scotiabank on its acquisition of Interfin.
US$300M
Cross-border transaction: client based in Costa Rica; acquirer based in Colombia.
Consumer · M&A
Exclusive financial advisor to POPS on its sale to Grupo Nutresa.
US$110M
Cross-border transaction: client based in the United States; target based in Puerto Rico.
Hospitality · Real Estate
Financial advisor to Caribbean Property Group on its acquisition of Dorado Beach, a Ritz-Carlton Reserve.
US$342M
Transaction in Costa Rica.
Healthcare · M&A
Exclusive financial advisor to Cefa Fischel on its sale to Cuestamoras.
Cross-border transaction: client based in Costa Rica; acquirer based in France.
Retail Healthcare · M&A
Exclusive financial advisor to Ópticas Visión on its sale to EssilorLuxottica.
Transaction in Costa Rica.
Energy · Structured Finance
Structuring agent for ICE on the securitization of the Peñas Blancas hydroelectric project.
US$70M
Our Leadership Team
Founding Partner
Jorge Volio
Managing Partner
Jose Maria Volio
Managing Director
Vinicio Ruiz
Director
Silvia de la Fuente
Director
Mariano Ruiz
Principal
Bernardo Alfaro
Senior Associate
Stefano Zoffoli
We Thrive In:
MERGERS + ACQUISITIONS
Advanced advisory and execution for complex M&A across Latin America.
CAPITAL MARKETS
Innovative capital strategies fueling tailored investments and growth.
PRIVATE EQUITY
Bespoke advisory turning investments into enduring value.
PRIVATE CREDIT
Tailored credit solutions for the region’s dynamic market.
REAL ESTATE FINANCE
Specialized financing that unlocks sustainable, long-term assets.
STRATEGY
Forward-thinking insights that empower your business to thrive.
Our values
INTEGRITY
Ethical excellence and innovative solutions.
PASSION
An owner’s mindset driving transformative results.
EXCELLENCE
Leading with exceptional ideas and flawless execution.
COLLABORATION
Teamwork that forges enduring partnerships.
COMMUNITY
Investing in the future by strengthening our communities.
”Renowned for our flawless mandate execution over the past 28 years, we’re committed to delivering principled, unbiased, and innovative solutions that drive lasting success across Latin America.”
- Jorge Volio, Founding Partner
