A Leading, Trusted M&A Advisor in Thailand

Corporate Finance

Corporate finance

Overview

#1 Leading M&A Advisor in Thailand, APAC and Globally​

We’ve ranked as the #1 lead financial advisory firm by deal count in Thailand from 2021–April 2025. Our diverse, global Corporate Finance team is made up of industry and M&A advisory experts. We work closely with you to deliver the best solutions and deal know-how across sectors.​

Let us guide you through the fast-changing world of mergers and acquisitions. We’ll help you navigate the complexities of strategic growth and transformation. As globalisation and technology reshape markets, companies like yours face intense pressure to realign strategies and seize competitive advantages. Our​ team combines local and international know-how to connect Thai businesses with global partners. Together, we can take your business to the next level.

Corporate Finance​. A Leading, Trusted M&A Advisor in Thailand.

Corporate Finance​. A Leading, Trusted M&A Advisor in Thailand.

​Whether you want to manifest your entrepreneurial vision or make pivotal executive decisions, we’ll help you ensure success throughout the deal lifecycle. Our​ focus on trust, transparency and value means we navigate each unique M&A project with precision. You can count on our extensive industry capabilities and proven track record. Our team offers comprehensive services that help you act decisively. We anticipate and solve complex challenges, keeping your deals on track and aligned with your goals. From origination to execution and delivering results, we guide you all the way—driving confident, sustainable growth.

Here’s why we’re the right choice for your Corporate Finance needs:​​

We are the market leader in corporate finance advisory. With a presence in over 60 countries, our broad network offers unmatched access to global​ opportunities and local insights to drive value for you. We use our network to help you execute seamless cross-border and multinational transactions—​powered by on-the-ground intelligence. Choose us for exceptional results in today’s dynamic business environment.​


Our Corporate Finance services include:​

Our recent deals

Buy-side advisory

We work with you to evaluate acquisition targets,and then we manage thorough due diligence. We provide input on valuation and negotiation strategies. Our support aligns with your strategic goals to secure long-term value creation.​

Sell-side advisory

We guide you through transaction preparation and execution. Together, we maximise and achieve shareholder objectives. By understanding your business deeply, we connect you to the right investor.​

Joint Venture advisory

We help you navigate joint venture negotiations. Our strategic advice can optimise your operational and financial outcomes. We help you build collaborative structures that leverage shared assets and capabilities.​

Fundraising

We help you develop equity and capital raising strategies. Let’s connect you with the right investors so you can secure growth-focused financing under favourable terms.​


Our recent deals

Sale of Lanna Agro Industry to Proterra Investment Partners Asia​

Sale of Lanna Agro Industry to Proterra Investment Partners Asia​

PwC Corporate Finance acted as the exclusive financial advisor for the sale of Lanna Agro Industry, an industry leader with integrated capabilities in contract farming, manufacturing, value-added processing, and global distribution, to Proterra Investment Partners Asia, a private equity fund specializing in the Asian food and agriculture sectors.​


Sale of Japanese grinding wheel manufacturer with operations in Japan and Thailand to a listed Taiwanese manufacturer​

PwC Corporate Finance acted as the exclusive financial advisor for the divestment of two precision grinding companies to a prominent Taiwanese manufacturer. These companies are key players in precision grinding wheels, serving a wide range of industries, from automotive to construction machinery and steel, with established operations in Thailand serving as a production and sales base for ASEAN.​

Acquisition of Cobra Advanced Composites by Thai Summit Group​

Acquisition of Cobra Advanced Composites by Thai Summit Group​

PwC Corporate Finance acted as the exclusive financial advisor to the majority stake acquisition of Cobra Advanced Composites, a leading total carbon fibre solution provider, by Thai Summit Group, aleading auto parts manufacturing group in Asia with global manufacturing facilities.​

Sale of one of the largest Thai dental labs to Modern Dental Group (MDG)​

Sale of one of the largest Thai dental labs to Modern Dental Group (MDG)​

PwC Corporate Finance acted as the exclusive financial advisor for Thailand’s leading dental laboratory specialising in the manufacturing and supply of high-quality dental prosthetics, to Modern Dental Group (MDG), a Hong Kong-listed company and a leading global provider of dental prosthetics, distribution, and consultancy services.​

​Sale of PAÑPURI to KOSÉ Corporation​

​Sale of PAÑPURI to KOSÉ Corporation​

PwC Corporate Finance acted as the exclusive financial advisor for the majority stake sale of PAÑPURI, a luxury beauty and wellness company with Thai heritage and sophisticated products, including fine fragrances, bath and body care, skincare, and home fragrances, alongside internationally acclaimed spas, to KOSÉ Corporation, a Japanese cosmetics conglomerate.​

​Sale of a steel coil service centre in Thailand

​Sale of a steel coil service centre in Thailand, a subsidiary of a Japanese conglomerate to a leading listed Chinese manufacturer​

PwC Corporate Finance acted as the exclusive financial advisor for the 100% stake sale of a leading steel service centrein Thailand, which is a subsidiary of a Japanese conglomerate, to a leading Chinese multinational company listed on both the Shenzhen and Hong Kong Stock Exchanges.​

Sale of Aetna Group Companies (Thailand) to Allianz Ayudhya​

Sale of Aetna Group Companies (Thailand) to Allianz Ayudhya​

PwC Corporate Finance acted as the exclusive financial advisor for the 100% stake sale of Aetna Group Companies (Thailand), a health insurance company based in Thailand under Aetna, to Allianz Ayudhya Capital, a listed company in Thailand that offers a wide range of insurance solutions across both the non-life and life segments.​

Sale of Unilever TH’s ULife business to RS Group​

Sale of Unilever TH’s ULife business to RS Group​

PwC Corporate Finance acted as the exclusive financial advisor for the 100% stake sale of Unilever Life, a direct selling business unit of Unilever in Thailand focusing on health and consumer products, to RS Group, a leading media, entertainment, and commerce company in Thailand listed on the Stock Exchange of Thailand.​

​Divestment of a minority stake in TBN Software to BTS Group Holdings​

​Divestment of a minority stake in TBN Software to BTS Group Holdings​

PwC Corporate Finance acted as the exclusive financial advisor for the sale of a pre-IPO minority stake in TBN Software’s existing shares to BTS Group Holdings, a listed company on the Stock Exchange of Thailand. TBN Software is Thailand’s leading enterprise IT solution provider, specialising in delivering applications and digital solutions using both low-code and traditional coding methods.​

Sale of Tohoku Pioneer (Thailand) to SVI PCL​

Sale of Tohoku Pioneer (Thailand) to SVI PCL​

PwC Corporate Finance acted as the exclusive financial advisor for the 100% stake sale of Tohoku Pioneer (Thailand), which specialises in the manufacturing and sales of car audio-visual mechanisms and parts/ components, to SVI PCL, a provider of electronic manufacturing services in Asia and Europe.​

​Sale of a leading Thai consumer health company to a regionally focused private equity firm​

​Sale of a leading Thai consumer health company to a regionally focused private equity firm​

PwC Corporate Finance acted as the exclusive financial advisor for the majority sale of a leading Thai health and wellness company, which has end-to-end capabilities in nutritional supplements, skincare, and functional beverage products under a multi-brand concept with over 10 brands, to a regionally focused private equity firm.​

 

​Sale of 100% equity interest in KT Restaurant to Food Factors​

​Sale of 100% equity interest in KT Restaurant to Food Factors​

PwC Corporate Finance acted as the exclusive financial advisor for the proposed sale of a 100% equity stake in KT Restaurant, an award-winning restaurant operator based in Thailand that owns two casual dining brands, Santa Fe and Meng Nua Nua, to Food Factors Co. Ltd., the food subsidiary of Boonrawd Brewery Group, one of the largest beer and beverage producers in Thailand.​

Sale of Yum Restaurants International Thailand Limited’s KFC stores ​to Thai Beverage Public Company Limited​​

Sale of Yum Restaurants International Thailand Limited’s KFC stores ​to Thai Beverage Public Company Limited​​

PwC Corporate Finance acted as the exclusive financial advisor to Yum Restaurants International (Thailand), a subsidiary of KFC Holding who owns, manages, and awards franchise licenses to the KFC and Pizza Hut restaurant chains in Thailand​, on the sale of over 250 KFC stores in Thailand to Thai Beverage Public Company Limited, one of Asia's largest beverage producers.

Sale of Yum Restaurants International Thailand Limited’s Pizza Hut stores​ to PH Capital​

Sale of Yum Restaurants International Thailand Limited’s Pizza Hut stores​ to PH Capital​

PwC Corporate Finance acted as the exclusive financial advisor to Yum Restaurants International (Thailand), a subsidiary of KFC Holding Co., who owns, manages, and awards franchise licenses to the KFC and Pizza Hut restaurant chains in Thailand​, on the sale of over 90 Pizza Hut stores in Thailand to PH Capital, a JV between Thoresen Thai Agencies (TTA) and PM Capital​.​

Sale of Silom Medical to Actavis PCL​

Sale of Silom Medical to Actavis PCL​

PwC Corporate Finance acted as the exclusive financial advisor on the sale of Silom Medical Co., Ltd., one of the top five private generic pharmaceutical companies in Thailand, to Actavis PCL, a global, integrated specialty pharmaceutical company focused on developing, manufacturing and distributing generic, brand and biosimilar products.​


Follow us

Required fields are marked with an asterisk(*)

Please read and agreed to the terms of use and privacy statement *

By submitting your email address, you acknowledge that you have read the Privacy Statement and that you consent to our processing data in accordance with the Privacy Statement (including international transfers). If you change your mind at any time about wishing to receive the information from us, you can send us an email message at th_marketing_and_communications@pwc.com.

Contact us

Chantanuch Chotikapanich

Chantanuch Chotikapanich

Deals Leader, PwC Thailand

Tel: +66 (0) 2844 1000

Hide