Insignia Financial Advisors · Panama City
Where Central America
Meets Global Capital.
We are an independent M&A advisory boutique, serving mid-market companies across Central America and the Caribbean with world-class transaction expertise and access to 57 partner firms in 49 countries.
Our Track Record
Trusted M&A advisor to leading companies across the region since 2010.
$1bn+
Total transaction value advised
14+
Years of advisory experience
57
Globalscope partner firms worldwide
49
Countries with Globalscope coverage
M&A AdvisoryCapital MarketsDebt StructuringReal Estate InvestmentSell-Side AdvisoryBuy-Side AdvisoryGlobalscope NetworkPanama · Costa Rica · ColombiaM&A AdvisoryCapital MarketsDebt StructuringReal Estate InvestmentSell-Side AdvisoryBuy-Side AdvisoryGlobalscope NetworkPanama · Costa Rica · Colombia
Who We Are
Independent advisory with deep regional roots and a global reach.
Insignia Financial Advisors is a leading independent boutique investment bank based in Panama, serving mid-market companies across Central America, the Caribbean and beyond. Since 2010, we have built a reputation for delivering world-class transaction advisory through deep sector expertise, independence, and a commitment to our clients' outcomes.
Truly Independent
No proprietary capital, no fund interests, no conflicts. Our only commitment is to our clients' best outcomes.
Regional Depth
Deep relationships across Panama, Costa Rica, Colombia, Guatemala and the wider Caribbean basin.
Global Access
Via Globalscope, we bring 57 partner firms and 49 countries of buyer and capital access to every mandate.
What We Do
Full-spectrum advisory across the entire transaction lifecycle.
From strategy through closing, we advise on the transactions that define our clients' futures.
01Sell-Side M&A
Full-process sell-side advisory including preparation, buyer identification, auction management, negotiation, and closing. We access both regional and cross-border buyers through Globalscope network.
02Buy-Side Advisory
Strategic acquisition support from target identification through due diligence, valuation, negotiation and integration planning. We source proprietary opportunities across the region.
03Capital Markets
Equity and debt capital raising, including structured finance, bond issuance, private placement, and listing advisory on the Bolsa de Valores de Panama via our relationship with Latinex.
04Real Estate Investment
Structuring and management of Sociedad de Inversion Inmobiliaria vehicles and REITs listed on Latinex. Debt restructuring, fund formation and capital raising for real estate assets.
05Debt Advisory
Debt structuring, refinancing, and lender negotiations across banking relationships in Panama and the region. Working capital optimization, factoring, and alternative lending solutions.
06Permanent Advisory
Monthly strategic and financial advisory through our BCM program, bringing M&A-grade financial discipline and value-creation methodology to management teams on a permanent retainer basis.
Insignia Financial Advisors is a proud member of Globalscope International M&A Advisors — one of the world's leading networks of independent M&A firms.
Member Since2016
Our Global Network · The Globalscope Advantage
The global reach of a
bulge-bracket bank —
the independence of a boutique.
Through our Globalscope membership, every Insignia mandate benefits from a curated global buyer universe, proprietary PE deal flow, and co-advisory partnerships across 49 countries. Our clients access the same cross-border reach as the world's largest investment banks — with the personal dedication of a partner-led boutique.
Insignia Financial Advisors is a proud member of Globalscope International M&A Advisors, one of the world's leading networks of independent M&A firms.
57
Independent member firms
100
M&A offices worldwide
400+
IB professionals in the network
49
Countries with dedicated coverage
$6.9bn
Transactions closed in 2024
5000+
Global PE firms direct access
Mergers & Acquisitions
Full-process M&A advisory — sell-side, buy-side, and merger transactions — executed with local expertise and activated global buyer access in every relevant geography.
Fundraising & Capital
Direct access to 5,000+ global private equity firms and institutional investors. Equity raises, growth capital, and debt fundraising executed through the Globalscope network.
Strategy & Restructuring
Business strategy, corporate restructuring, and turnaround advisory delivered by industry specialists with deep knowledge of local markets and global sector dynamics.
Cross-border buyer universe
When Insignia runs an auction process, we activate Globalscope partners in the buyer's home market, giving your company exposure to the right strategic acquirers globally.
Proprietary PE deal flow
Direct relationships with 5,000+ global PE firms help identify and approach the right financial buyers, translating access into stronger valuation outcomes.
35+ years of transactions
Globalscope has been executing cross-border M&A for over three decades. Sector data and precedent transactions inform valuation and negotiation strategy.
Partner-led, globally coordinated
Every Globalscope engagement is led by a senior partner. When Insignia co-advises on a cross-border deal, clients receive coordinated boutique execution.
Selected Transactions
A track record built on
results that speak for themselves.
Project Indigo · Sell-Side M&ALogistics & Distribution
Advised the majority shareholders of a leading logistics operator in the sale of a controlling stake to a strategic international buyer. Full auction process executed over 6 months with competitive tension maintained through closing.
Project Anchor · Capital MarketsReal Estate Investment Vehicle
Structured and listed a first-of-its-kind REIT on the Bolsa de Valores de Panama, coordinating regulatory approval and capital markets execution.
Project Horizon · Buy-SideFood & Beverage Acquisition
Supported a regional food company in the acquisition of a franchise operation across multiple Central American markets, including target identification, diligence and closing.
Senior Leadership
The partners who lead
every Insignia mandate.
JD
José R. Díaz
Managing Director & Co-Founder
FR
Fernando Robleto
Managing Director & Co-Founder
AC
Adriana Carles
Partner & Co-Founder
JG
José I. Galán
Partner & Co-Founder
IN
Isabel Navarro
Partner
Advisory Board
Senior advisors who strengthen
our capabilities and network.
Distinguished Advisor
Banking & Regulatory
Former Superintendencia de Bancos de Panama
Former Superintendencia de Bancos de Panama
Distinguished Advisor
Capital Markets
Regional capital markets & Latinex expertise
Regional capital markets & Latinex expertise
Distinguished Advisor
Legal & Structuring
Panama corporate law & transaction structuring
Panama corporate law & transaction structuring
Distinguished Advisor
International M&A
Globalscope cross-border transaction expertise
Globalscope cross-border transaction expertise
Ready to explore
your next strategic move?
Whether you are considering a sale, an acquisition, a capital raise, or simply want a confidential second opinion — Insignia is here to help.
