L40º operates as a Miami-headquartered M&A boutique that specializes in sell-side advisory for companies in the AI and software sectors.
Runtime’s initial foray into Latin America occurs as North American software acquirers are increasingly scanning 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 practice concentrating on software, technology, and AI enterprises, revealed that it functioned as the exclusive M&A advisor to Elipse.ai during its purchase by Runtime Enterprises Inc. This deal represents the Canadian software holding firm’s first-ever investment in Latin America.
Elipse.ai, a Chilean AI company, specializes in creating conversational AI agents for voice interactions, telephony systems, and WhatsApp. It serves more than 100 corporate clients across seven nations, boasting a significant foothold in the healthcare sector. Runtime Enterprises, meanwhile, is a Canadian holding entity that concentrates on securing and retaining software and technology-enabled service companies over extended periods.
This multi-million-dollar agreement provides Elipse.ai with long-term financial backing to fuel its upcoming phase of global growth and sustained investment in artificial intelligence. Subsequent to the acquisition, the company will preserve its current brand, management team, and operational autonomy. Specific financial details were not made public.
“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 Acquirer Appetite for Latin American Software
Runtime’s first investment in Latin America arrives as North American and other international software holding companies are widening their acquisition searches into this region, thereby enlarging the pool of possible buyers for established Latin American tech firms.
L40° is observing heightened interest from software holding companies, strategic purchasers, and financial investors who are assessing Latin American enterprises with recurring revenue streams, solid customer bases, and the capacity for international scaling.
The Elipse.ai process exemplified this trend. The enterprise drew attention from both strategic and financial acquirers and received several LOIs, including offers from Latin American parties. It ultimately finalized the deal with Runtime, an international buyer entering the area for the first time.
Regional and international purchasers do not always evaluate the same business in an identical manner. Variances in strategic goals, geographic aspirations, accessible capital, and ownership frameworks can affect both valuation and deal structure. Consequently, a more diverse cross-border buyer pool becomes especially valuable for Latin American technology firms.
“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 closely examine a company’s ability to expand across different markets, alongside considerations like customer concentration, revenue retention, and corporate structure. For firms already functioning across multiple jurisdictions, having clear legal entities, properly managed intercompany relationships, and transfer-pricing documentation can become crucial aspects of cross-border due diligence.
Details of the Transaction
Elipse.ai has created an AI-driven communications platform that merges generative AI voice agents, enterprise telephony, WhatsApp, and messaging to automate both inbound and outbound customer interactions.
Its technology facilitates tasks such as appointment scheduling and confirmations, contact campaigns, and automated call management. The company holds a notably strong position within healthcare organizations throughout Latin America.
The firm handles more than 20 million appointments every year, and its technology is utilized by healthcare institutions serving roughly 25% of Chile’s Fonasa beneficiary population.
Elipse.ai currently operates in Chile, Peru, Colombia, Mexico, Argentina, Venezuela, and Spain. In partnership with Runtime, the company aims to surpass US$10 million in annual recurring revenue during 2027.
Runtime acquires and retains software and technology-enabled service businesses under a long-term ownership structure. Following this transaction, Elipse.ai will keep its current identity and leadership while gaining extra resources to support international growth and ongoing investment in its AI capabilities.
About Elipse.ai
Elipse.ai develops AI solutions that automate conversations via voice, telephony, WhatsApp, and messaging for healthcare and service organizations in Latin America. The company serves over 100 corporate 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 for the long term. Its model enables portfolio firms to preserve their identity, management, and operational autonomy while receiving growth-oriented support.
About L40°
L40° is a cross-border M&A advisory firm concentrating on software, technology, and artificial intelligence companies. The practice assists founders and shareholders throughout sell-side strategic transactions, from positioning and buyer outreach through negotiation, due diligence, and closing.
L40° has finished 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
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