Ran a competitive auction that produced four offers and negotiated a premium valuation from a strategic buyer, an all-cash deal for 100% of the company.
San Antonio, Texas
Boutique M&A Advisory & Consulting Services
pa·sa·de·ra (n.) Spanish, a stepping stone
Pasadera Capital, LLC is a San Antonio-based boutique M&A advisory firm focused on mergers and acquisitions and strategic consulting for middle‑market companies.
We partner with business owners and families on complex mergers and acquisitions, negotiating with the strategic and private equity buyers on the other side of the table, with tailored advice aligned with long‑term strategic objectives.
Our Approach
The judgment of a large institution. The focus of a boutique.
Our approach combines senior-level attention, deep industry experience, and hands-on execution throughout the transaction process. Clients benefit from the insight and judgment of a larger institution, delivered with the focus, responsiveness, and customization of a boutique firm.
The Pasadera Difference
- Senior partner attention
- Local expertise with global reach
- Trusted advocates for our clients
- Broad experience base
- “Roll up our sleeves” philosophy
Core Services
What we do
Mergers & Acquisitions
- Sell-side / divestitures
- Buy-side / acquisitions
- Mergers & joint ventures
- Distressed & special situations
- Due diligence
- Transaction support
Consulting & Strategic Services
- Strategic & financial consulting
- Alternatives assessment
- Pre-transaction positioning
- Recapitalizations (ownership transfers)
- Restructuring & turnaround
- Debt restructuring
- Bankruptcy & insolvency consulting
- Valuations & feasibility studies
How an engagement unfolds
Listen & Assess
We start with the business itself: value drivers, detractors, valuation, and your alternatives.
Position & Prepare
Pre-transaction positioning, an integrated financial model, and compelling marketing materials.
Go to Market
A curated universe of strategic acquirers, private equity, public companies, family offices, and unconventional buyers, run as an auction or a quiet process.
Negotiate & Structure
Valuation and deal structure negotiated with senior partners at the table. We advise on financing alternatives.
Close
Diligence and documentation driven through to a successful close, and on to the other side.
Industry Experience
Broad experience across sectors
Pasadera is industry agnostic. We work with companies, both domestic and international, across virtually any sector. The industries below are just a few recent examples of our experience:
Representative Engagements
Experience that closes
A selection of engagements led by our team. Client names are withheld out of respect for confidentiality; references are available upon request. Every transaction is different, and past results do not guarantee future outcomes.
Conducted an in-depth marketability study and valuation, then ran a limited sale process that delivered a premium valuation and all-cash structure.
Represented a primary shareholder in the complex sale of distressed, multi-stakeholder assets to a publicly traded strategic acquirer.
Prepared and positioned the company for sale, then sold a majority interest to a private equity firm at a favorable enterprise value. Owners took chips off the table, and as part of the buyer’s transaction the existing debt was refinanced on a non-recourse basis.
Built a fully integrated financial model quantifying the company's expansion plans and sold 100% of the business to a national strategic acquirer.
Advised a senior management team on a management-led buyout from a corporate parent, helping structure the transaction. The management team arranged its own financing.
Advised on and helped negotiate the acquisition of a complementary competitor through closing, and modeled the merger’s impact. We also advised on the company’s debt structure, including consolidating equipment notes into a single asset-backed term loan, which the company’s existing lender arranged.
Engaged after an owner's unexpected passing; worked with trustees to convert financials to GAAP, valued the business and real estate, and ran a formal auction process.
Negotiated and structured the acquisition of a financially distressed, related-party company, a structure that reflected economic reality while preserving family relationships.
We roll up our sleeves and stand beside our clients, from the first conversation to the closing table.
Our Home
Rooted in San Antonio
From our offices on El Prado, we have spent decades working alongside business owners and families across South Texas. We know this market and the people who built it.
That local foundation, paired with national and global reach, lets us bring institutional capability to the companies that define our region, with the focus and familiarity of a firm that calls San Antonio home.
Our Team
Senior partners on every engagement
Common Questions
Frequently asked
How do I sell my business in San Antonio?
Most owners begin with a confidential conversation about their goals, the company’s value drivers, and the alternatives worth considering. As a San Antonio M&A advisory firm, Pasadera Capital prepares and positions your company, then runs a focused process to qualified strategic and private equity buyers, whether as quiet outreach or a competitive auction. Senior partners stay at the table through negotiation and closing, so you are never handed off.
What is the difference between a business broker and an M&A advisory firm?
For owners weighing a business broker against an M&A advisory firm, the difference comes down to deal size, process, and the depth of senior involvement. Business brokers typically handle smaller, main street businesses and often work from a listing model. M&A advisory firms serve middle market companies, building a tailored process, marketing materials, and a financial model to reach the right strategic and private equity buyers. Pasadera Capital works at that level, leading mergers and acquisitions for established companies where structure, positioning, and senior judgment shape the outcome.
How much is my business worth?
Most middle market companies are valued as a multiple of EBITDA, but the right multiple depends on your industry, growth, customer concentration, recurring revenue, and the quality of your earnings. A thorough business valuation looks past a single rule of thumb to the factors a real buyer will scrutinize. We help owners across San Antonio and South Texas understand where their company stands and what could strengthen its position before going to market.
How do EBITDA multiples work in a business valuation?
An EBITDA multiple translates a company’s earnings into an estimated enterprise value, so a business earning a given level of EBITDA at a five times multiple would be valued accordingly. The multiple itself is not fixed. It moves with industry, scale, growth, margins, and risk factors such as customer concentration. As part of M&A and transaction readiness consulting, we help owners see which of these drivers a buyer will weigh most heavily.
Will my interest in selling stay confidential?
Confidentiality is central to how we work. Conversations with Pasadera Capital are private, and any market process is run to protect your identity, your employees, and your relationships until you choose to disclose. Buyers receive information in stages under appropriate agreements, so sensitive details are shared only with qualified parties at the right time.
Why choose a San Antonio M&A advisor to sell a middle-market company?
A firm rooted in Texas understands the regional market, the buyers active here, and the way local owners and families think about a transaction. Recapitalizations and partial sales, often a sale of a majority interest to a private equity buyer, are a common piece of exit planning and succession for business owners in the San Antonio market, letting owners realize liquidity while retaining a minority stake and a continued role. From our San Antonio offices, Pasadera Capital pairs that local familiarity with national and global reach across mergers and acquisitions. The result is institutional capability delivered with the focus and responsiveness of a boutique.
Pasadera Capital, LLC provides mergers & acquisitions and strategic consulting services solely in connection with the transfer of ownership and control of privately held companies, in reliance on the exemption from broker-dealer registration in Section 15(b)(13) of the Securities Exchange Act of 1934 and corresponding state exemptions. It is not a registered broker-dealer or FINRA member and does not sell or place securities, raise capital for a fee, take custody of client funds or securities, or provide personalized investment advice.
Considering a transaction?
Whether you are exploring a sale, an acquisition, or simply want to understand your alternatives, the conversation is confidential, and it starts with an email.
info@pasaderacapital.com115 W. El Prado Drive, Suite 1 · San Antonio, Texas 78212
