L40º is a Miami-headquartered M&A firm that specializes in sell-side advisory for AI and software companies.
Runtime’s initial foray into Latin America occurs as North American software acquirers increasingly turn to the region for technology acquisition prospects.
A transaction happens when buyer thesis, seller objectives and timing coincide. When one of the three is missing, nothing else will fix it.”— Manuel Amor, Partner at L40º MIAMI, FL, UNITED STATES, August 13, 2026 /EINPresswire.com/ — L40°, a cross-border M&A advisory firm concentrating on software, technology and AI enterprises, revealed that it acted as the exclusive M&A advisor to Elipse.ai regarding its acquisition by Runtime Enterprises Inc., which represents the Canadian software holding company’s first investment in Latin America.
Elipse.ai is a Chilean artificial intelligence company that specializes in conversational AI agents for voice, telephony and WhatsApp, catering to over 100 enterprise clients across seven countries, with a notable footprint in healthcare. Runtime Enterprises is a Canadian holding company that concentrates on acquiring and retaining software and technology-enabled services businesses over the long term.
This multi-million-dollar deal provides Elipse.ai with sustained backing to fuel its next phase of international growth and ongoing investment in artificial intelligence. Following the acquisition, the company will preserve its current brand, management team and operational autonomy. Specific financial details were kept confidential.
“From the beginning, we set out to build a solid company for the long term, always putting our customers and our team at the center,” said Aleksis Archiles, Co-CEO of Elipse.ai. “We found in Runtime a partner that shares that vision and understands that great companies are built with decades, not quarters, in mind.”
Growing Buyer Appetite for Latin American Software
Runtime’s first investment in Latin America happens as North American and other international software holding firms widen their acquisition searches into the region, thereby expanding the pool of potential buyers for established Latin American technology enterprises.
L40° is observing heightened interest from software holding companies, strategic acquirers and financial buyers who are evaluating Latin American businesses that feature recurring revenue, established customer bases and the capacity to expand internationally.
The Elipse.ai process exemplified this trend. The company drew interest from both strategic and financial buyers and received multiple LOIs, including from Latin American parties, before ultimately finalizing the transaction with Runtime, an international acquirer entering the region for the first time.
Regional and international buyers do not necessarily underwrite the same business in the same way. Differences in strategic priorities, geographic ambitions, available capital and ownership models can influence both valuation and transaction structure, making a broader cross-border buyer universe particularly relevant for Latin American technology companies.
“A transaction happens when buyer thesis, seller objectives and timing coincide. When one of the three is missing, nothing else will fix it,” said Manuel Amor, Partner at L40° and lead advisor on the transaction.
International buyers also tend to scrutinize the ability of a company to scale across markets, alongside factors such as customer concentration, revenue retention and corporate structure. For companies already operating across multiple jurisdictions, clean legal entities, intercompany relationships and transfer-pricing documentation can become important elements of cross-border diligence.
About the Transaction
Elipse.ai has developed an AI-powered communications platform that merges generative AI voice agents, enterprise telephony, WhatsApp and messaging to automate inbound and outbound customer conversations.
Its technology supports workflows such as appointment scheduling and confirmations, contact campaigns and automated call handling, with a particularly strong presence across healthcare organizations in Latin America.
The company handles more than 20 million appointments annually, and its technology is utilized by healthcare institutions that serve roughly 25% of Chile’s Fonasa beneficiary population.
Elipse.ai currently operates in Chile, Peru, Colombia, Mexico, Argentina, Venezuela and Spain. Together with Runtime, the company is aiming for more than US$10 million in annual recurring revenue during 2027.
Runtime acquires and holds software and technology-enabled services businesses using a long-term ownership model. Following the transaction, Elipse.ai will keep its existing identity and leadership while accessing additional resources to support international growth and continued investment in its AI capabilities.
About Elipse.ai
Elipse.ai creates AI solutions that automate conversations across voice, telephony, WhatsApp and messaging for healthcare and service organizations in Latin America. The company serves over 100 enterprise clients across seven countries and manages more than 20 million appointments annually.
About Runtime Enterprises
Runtime Enterprises is a Canadian holding company that focuses on acquiring and retaining software and technology-enabled services businesses over the long term. Its approach allows portfolio companies to preserve their identity, management and operational independence while receiving growth support.
About L40°
L40° is a cross-border M&A advisory firm concentrating on software, technology and artificial intelligence enterprises. The firm assists founders and shareholders throughout sell-side strategic transactions, from positioning and buyer outreach through negotiation, due diligence and closing.
L40° has finalized more than 180 technology transactions and operates from Miami, Madrid and Lisbon, advising technology companies on domestic and cross-border M&A.
Media Contact
Andrea Balletbo
L40°
andrea.b@l40.com
SOURCE: L40°
Andrea M Balletbo
L40 Partners Inc
+1 305-684-1818
email us here
Visit us on social media:
LinkedIn
