Local Partners
M&A advisors in Thailand
M&A advisors in Thailand who run the whole deal: sourcing, valuation, negotiation, and a share or asset transfer that actually closes.
On deals in the 50,000 to 10 million USD range, a good advisor earns their fee by structuring the transaction so a foreigner can hold it legally and by catching the liabilities that kill deals late. The first real decision is share deal versus asset deal, because a share deal carries the target company's entire tax and legal history along with it.
Fees are usually a retainer plus a success fee, commonly 3 to 8 percent of deal value on smaller transactions and tapering as the number climbs. Ask who does the actual work, whether they coordinate the lawyers and accountants, and how many Thai SME deals they closed in the last year.
Common questions
- Share deal or asset deal in Thailand?
- An asset deal leaves the seller's tax and legal history behind, which is why most foreign buyers prefer it. A share deal is simpler for transferring licenses and leases but means inheriting everything, so it demands deeper due diligence.
- What do M&A advisors charge in Thailand?
- Typically a monthly retainer plus a success fee of roughly 3 to 8 percent of deal value on sub 10 million USD transactions, with the percentage falling as deal size rises.
- Can a foreigner own 100 percent of a Thai company?
- In many sectors no, because the Foreign Business Act caps foreign ownership at 49 percent. Advisors structure around this with BOI promotion, a Foreign Business License, or a properly documented Thai partner. Have the structure verified by counsel before you sign.