Mergers and acquisitions advisory
You sell your company once. Do it with someone who has negotiated mergers and acquisitions for 20 years.
Elit Capital advises family-owned and mid-sized companies, with annual revenue between R$ 40 million and R$ 200 million, on sales, acquisitions and capital raising. The partner leads every mandate, from the first diagnosis to signing.
Who we work with
SizeRevenue from R$ 40 million to R$ 200 million
ProfileFamily-owned and mid-sized companies
TransactionsSell-side, buy-side, capital raising and valuation
GeographyBrazil and Brazil–United States
20 years
dedicated to mergers and acquisitions
São Paulo and Miami
offices in Brazil and the United States
International
transactions in Brazil, Europe, the Middle East and the Americas
Solutions
What do you want to do?
01
Sell your company
Whether a full or partial sale to a strategic buyer or the entry of a fund or family office, we prepare the company, create competition among interested parties and protect the value that actually stays with the shareholders after the transaction’s adjustments and clauses.
02
Buy a company
From acquisition thesis to closing: we find and qualify targets, value them, negotiate and coordinate due diligence.
03
Raise capital
Equity partner, structured debt or hybrid solutions. We design the right capital structure to grow without losing control of the business.
04
Value your company
Independent valuation to sell, buy, bring in or buy out a partner, and plan succession. A defensible value range, based on the cash the company generates and the risk of that cash.
We also advise on Family businesses and succession · Brazil–US transactions
Transactions
Transactions advised by Elit Capital
In mergers and acquisitions, confidentiality is the rule: most of our clients prefer that their transactions not be disclosed. The transactions below are public and presented with our clients’ authorization.


Keeper
was acquired by
Delta Inc. Holding
SectorFinancial services and payments
Elit’s roleFinancial adviser to the sellers
Payment institution specialized in the financial management of graduating classes. Elit Capital advised the selling shareholders from structuring to closing.

Ibirá Participações
partner exit led
from diagnosis to closing
TypeCorporate restructuring
Elit’s roleExclusive financial adviser
Elit Capital structured the exit of one of the partners, negotiated the terms and provided technical support at every stage, preserving alignment between the remaining partner and the departing partner.
Other transactions advised by Elit Capital are protected by confidentiality agreements and cannot be disclosed. See all transactions
The founding partner’s experience before Elit
Transactions in which Daniel Rivera Alves took part during his career, as an employee of the companies indicated, before founding Elit Capital. The logos identify the companies involved; these transactions were not advised by Elit Capital. Approximate values, as publicly disclosed.




Acquisition of Grupo Ipiranga by Petrobras, Grupo Ultra and Braskem
Approximately US$ 4 billion
Daniel was at Petrobras


Acquisition of 100% of Suzano Petroquímica by Petrobras
Approximately R$ 2.7 billion
Daniel was at Petrobras


Increase of Petrobras’s stake in Braskem, in the consolidation of the petrochemical sector
Daniel was at Petrobras


Sale of the entire share capital of Politec to Indra
Approximately € 100 million
Daniel was at Politec


Acquisition of 100% of Ultracon by Politec
Daniel was at Politec

Acquisition of Search by Politec
Daniel was at Politec


Acquisition of 100% of Rodoviário Schio by JSL
Approximately R$ 250 million
Daniel was at JSL
Why Elit Capital
A partner’s experience, an economist’s rigor
The partner is at the table
You are not handed off to a junior analyst after the pitch meeting. Daniel Rivera Alves personally leads every stage of the negotiation.
Value is a range, not a wish
A company’s price is what the market is willing to pay, not what the owner would like to receive. We come to the table with information, positioning and competition among buyers.
A bridge between Brazil and the United States
With an office in Miami, we support Brazilian companies seeking buyers or acquisitions abroad, and foreign buyers looking at Brazil.
Process
How we work
- MandateDiagnosis, objectives and transaction team.
- PreparationBusiness plan, teaser and information memorandum.
- ValuationIndependent valuation and review of sensitive issues before the buyer’s due diligence.
- OutreachMapping and qualification of strategic and financial buyers, under confidentiality.
- NegotiationOffers, due diligence, price and terms.
- ClosingAgreement, signing and settlement.
You receive updates on status, timelines and next steps at every stage.

Founding partner
Daniel Rivera Alves
Economist from Universidade Gama Filho (UGF), with a postgraduate degree in Strategic Information Management from the Federal University of Rio de Janeiro (UFRJ), an MBA in Corporate Finance from FGV and executive education in M&A from Insper. 26 years of career, 20 of them dedicated to mergers and acquisitions, including Petrobras and Ernst & Young. At Elit Capital, he personally leads every mandate. He writes about mergers and acquisitions, valuation and the M&A market, and publishes articles on economics on Substack.
- Economist — Universidade Gama Filho (UGF)
- Postgraduate degree in Strategic Information Management — UFRJ
- MBA in Corporate Finance — FGV
- Executive education in mergers and acquisitions — Insper
- Economist registered with CORECON-SP (São Paulo Regional Council of Economics)
Before talking to buyers, talk to someone on your side.
The first conversation is confidential and without commitment. If you prefer, we sign a non-disclosure agreement before you share any information about the company.
