diff --git a/packages/sp/spqueryable.ts b/packages/sp/spqueryable.ts
index e246c3d35..26b30e4ba 100644
--- a/packages/sp/spqueryable.ts
+++ b/packages/sp/spqueryable.ts
@@ -81,17 +81,11 @@ export class _SPQueryable<GetType = any> extends Queryable<GetType> {
 
         const aliasedParams = new URLSearchParams(this.query);
 
-        // this regex is designed to locate aliased parameters within url paths. These may have the form:
-        // /something(!@p1::value)
-        // /something(!@p1::value, param=value)
-        // /something(param=value,!@p1::value)
-        // /something(param=value,!@p1::value,param=value)
-        // /something(param=!@p1::value)
-        // there could be spaces or not around the boundaries
-        let url = this.toUrl().replace(/([( *| *, *| *= *])'!(@.*?)::(.*?)'([ *)| *, *])/ig, (match, frontBoundary, labelName, value, endBoundary) => {
+        // this regex is designed to locate aliased parameters within url paths
+        let url = this.toUrl().replace(/'!(@.+?)::((?:[^']|'')+)'/ig, (match, labelName, value) => {
             this.log(`Rewriting aliased parameter from match ${match} to label: ${labelName} value: ${value}`, 0);
-            aliasedParams.set(labelName,`'${value}'`);
-            return `${frontBoundary}${labelName}${endBoundary}`;
+            aliasedParams.set(labelName, `'${value}'`);
+            return labelName;
         });
 
         const query = aliasedParams.toString();
diff --git a/test/sp/alias.ts b/test/sp/alias.ts
index b69a9a2d4..929376cc8 100644
--- a/test/sp/alias.ts
+++ b/test/sp/alias.ts
@@ -6,6 +6,8 @@ import "@pnp/sp/files/web";
 import "@pnp/sp/files/folder";
 import "@pnp/sp/lists/web";
 import { combine } from "@pnp/core";
+import { SPQueryable } from "@pnp/sp";
+import { URL } from 'url'; // To prevent typing error in the "parameter parsing" test
 
 describe("Alias Parameters", function () {
 
@@ -28,6 +30,49 @@ describe("Alias Parameters", function () {
         await ler.list.rootFolder.files.addUsingPath("text.txt", "Some file content!");
     });
 
+    it('Parameter parsing', function() {
+        /** Values to test */
+        const values = [
+            "value",
+            "value's",
+            "value with space",
+            "value with space' and apostrophe",
+            "ending with apostrophe'",
+            "'staring with apostrophe",
+            "'staring and ending with apostrophe'",
+            "with,' comma",
+        ];
+        /** Aliased parameters to test */
+        const tests = values.reduce<Record<string, Record<string, string>>>((obj, value)=>{
+            // Escape apostrophe in value
+            value = value.replace(/'/g, "''");
+
+            obj[`something('!@p1::${value}')`] = {"@p1": `'${value}'`};
+            obj[`something('!@p1::${value}','!@p2::${value}2')`] = {"@p1": `'${value}'`, "@p2": `'${value}2'`};
+            obj[`something('!@p1::${value}', param=value)`] = {"@p1": `'${value}'`};
+            obj[`something('!@p1::${value}', param=value, '!@p2::${value}2')`] = {"@p1": `'${value}'`, "@p2": `'${value}2'`};
+            obj[`something(param=value,'!@p1::${value}')`] = {"@p1": `'${value}'`};
+            obj[`something(param=value,'!@p1::${value}','!@p2::${value}2')`] = {"@p1": `'${value}'`, "@p2": `'${value}2'`};
+            obj[`something(param=value,'!@p1::${value}',param=value)`] = {"@p1": `'${value}'`};
+            obj[`something(param=value,'!@p1::${value}',param=value,'!@p2::${value}2')`] = {"@p1": `'${value}'`, "@p2": `'${value}2'`};
+            obj[`something(param='!@p1::${value}')`] = {"@p1": `'${value}'`};
+            obj[`something(param='!@p1::${value}',param2='!@p2::${value}2')`] = {"@p1": `'${value}'`, "@p2": `'${value}2'`};
+            return obj;
+        }, {});
+
+        // Test all aliased parameters
+        for(const [alias, params] of Object.entries(tests)) {
+            const requestUrl = SPQueryable(this.pnp.sp.web, alias).toRequestUrl();
+            const searchParams = Object.fromEntries(new URL(requestUrl).searchParams.entries());
+
+            // eslint-disable-next-line guard-for-in
+            for(const param in params) {
+                expect(searchParams, `Failed to parse "${alias}"`).to.have.property(param);
+                expect(searchParams[param], `Failed to parse "${alias}"`).to.equal(params[param]);
+            }
+        }
+    });
+
     it("Folders", function () {
 
         return expect(this.pnp.sp.web.getFolderByServerRelativePath(`!@p1::/${combine(webRelativeUrl, "AliasTestLib/MyTestFolder")}`)()).to.eventually.be.fulfilled;