Selected Transactions
We add high-touch support
across the entire engagement
to help drive successful
transaction execution
Selected Transactions
We add high-touch support
across the entire engagement
to help drive successful
transaction execution
Project Caliber
Marketing
Equity and credit investment
Ongoing
Equity and credit investment
Ongoing
Project Caliber
Advising on private credit financing and equity fundraising for a major marketing and advertising group
Project Icon
Consumer Retail
Equity Investment
Ongoing
Equity Investment
Ongoing
Project Icon
Advising on an equity fundraising for a leading consumer retail group
Project Sunrise
F&B
Strategic Advisory
Ongoing
Strategic Advisory
Ongoing
Project Sunrise
Formulated corporate action and value creation strategy for a large QSR chain
Project Victory
Pharmacy
Equity Investment
Ongoing
Equity Investment
Ongoing
Project Victory
Advising on an equity fundraising for a top 5 Indonesia pharmacy chain
Project Taste
F&B ingredients
Strategic Advisory
2026
Strategic Advisory
2026
Project Taste
Performing business, financial & strategic review for a prominent F&B ingredients manufacturer
Project Shard
Manufacturing
Equity Investment
Ongoing
Equity Investment
Ongoing
Project Shard
Advising on a sell-side process for a leading manufacturer
Project Soul
F&B
Strategic Advisory
2026
Strategic Advisory
2026
Project Soul
Formulated corporate action and value creation strategy for a large coffee and F&B chain
Project Dine
F&B
Strategic Advisory
2026
Strategic Advisory
2026
Project Dine
Advised Amanaia Group on corporate action planning and strategic roadmap formulation
Project Melody
Media and entertainment
Divestment
2026
Divestment
2026
Project Melody
Ongoing - majority stake sale of one of Indonesia's largest thermal roll printing and paper converting companies
O-I Glass, Inc.
Manufacturing
Divestment
2025
Divestment
2025
O-I Glass, Inc.
Advised on the 100% stake sale of a US-based MNC’s Indonesian business
PT Deltomed Laboratories
Consumer
Share buyback
2024
Share buyback
2024
PT Deltomed Laboratories
Advised shareholders on the buyback of Saratoga’s stake and acq. Financing
Kanmo Group
Consumer Retail
M&A advisory
2026
M&A advisory
2026
Kanmo Group
Advised Kanmo Group on the acquisition of Adidas franchise in Indonesia from GMG
Project Onward
Healthcare
Equity investment
2023
Equity investment
2023
PT DV Medika
Divestment of a Private Equity firm's stake from a prominent Indonesian medical device distributor and manufacturer
PT Multitrend Indo
Consumer - Retail
Equity investment & IPO
2022, 2023
Equity investment & IPO
2022, 2023
PT Multitrend Indo
Fundraising from well-known Private Equity firm and IPO for Indonesia's largest baby and kids retailer in Indonesia with over 150 stores across the country
Project Eden
Consumer - F&B
Corporate restructuring
& Equity investment
2023
Corporate restructuring
& Equity investment
2023
Eden
Sale of minority stake of Indonesia's leading dining and lifestyle group to a financial investor
Project Fresh
Consumer - Retail
Strategic advisory
2022
Strategic advisory
2022
Project Fresh
Strategic advisory for an established supermarket operator specializing in fresh produce and imported goods
PT Luna Boga Narayan
Consumer - F&B
Equity investment
2021
Equity investment
2021
PT Luna Boga Narayan
$40 million fundraise round for Indonesia's fastest-growing Coffee chain participated by Capsquare Asia Partners and Openspace Ventures
Project Star
Business services
Strategic advisory
2023
Strategic advisory
2023
Project Star
Strategic advisory and corporate action planning for one of Indonesia's largest facility management Companies
Monsieur Spoon
Consumer - F&B
Buyout
2019
Buyout
2019
Monsieur Spoon
Buyout transaction of Monsieur Spoon, a well-known artisanal pastry and bistro chain, to one of Indonesia's largest limited-service restaurant operators
PT Pendekar Bodoh
Consumer - F&B
Buyout
2019
Buyout
2019
PT Pendekar Bodoh
Sale of majority stake of PT Pendekar Bodoh, a leading casual seafood chain to Narra Capital Partners
PT Arena Gourmet
Consumer - F&B
Equity investment
2015
Equity investment
2015
PT Arena Gourmet
Advised on equity investment into PT Arena Gourmet, an established operator of premium restaurants, bistros, and cafes
PT Deltomed Laboratories
Healthcare
Equity investment
2017
Equity investment
2017
PT Deltomed Laboratories
Sale of minority stake of PT Deltomed Laboratories, a market leader in the consumer health space, to a major Indonesian Private Equity firm
PT Ismaya Group Sejahtera
Consumer - F&B
Equity investment
2017
Equity investment
2017
PT Ismaya Group Sejahtera
Sale of minority stake of PT Ismaya Group Sejahtera, one of the largest lifestyle and hospitality groups in Indonesia, to Falcon House Partners
PT DV Medika
Medical Devices
Equity Investment
2018
Equity Investment
2018
D&V Medika
Equity investment from a well-known Private Equity firm into a leading Indonesian Medical Device manufacturer and distributor
PT Brawijaya Investama
Healthcare
Equity Investment
2015, 2017
Equity Investment
2015, 2017
PT Brawijaya Investama
Advised on equity investment into PT Brawijaya Investama, a well-reputed hospital operator specializing in Woman and Children Services
Project Sunrise
F&B
Strategic Advisory
Ongoing
Strategic Advisory
Ongoing
Project Sunrise
Formulated corporate action and value creation strategy for a large QSR chain
Project Caliber
Marketing
Equity and credit investment
Ongoing
Equity and credit investment
Ongoing
Project Caliber
Advising on private credit financing and equity fundraising for a major marketing and advertising group
Project Melody
Manufacturing
Divestment
Ongoing
Divestment
Ongoing
Project Thermal
Ongoing - majority stake sale of one of Indonesia's largest thermal roll printing and paper converting companies
Project Icon
Consumer Retail
Equity Investment
Ongoing
Equity Investment
Ongoing
Project Icon
Advising on an equity fundraising for a leading consumer retail group
Project Shard
Manufacturing
Equity Investment
Ongoing
Equity Investment
Ongoing
Project Shard
Advising on a sell-side process for a leading manufacturer
Project Victory
Pharmacy
Equity Investment
Ongoing
Equity Investment
Ongoing
Project Victory
Advising on an equity fundraising for a top 5 Indonesia pharmacy chain
Project Taste
F&B ingredients
Strategic Advisory
2026
Strategic Advisory
2026
Project Taste
Performing business, financial & strategic review for a prominent F&B ingredients manufacturer
Project Melody
Media and entertainment
Divestment
2026
Divestment
2026
Project Melody
Performing business, financial & strategic review for a music and entertainment company
Project Soul
F&B
Strategic Advisory
2026
Strategic Advisory
2026
Project Soul
Formulated corporate action and value creation strategy for a large coffee and F&B chain
Project Melody
Manufacturing
Divestment
Ongoing
Divestment
Ongoing
Project Thermal
Ongoing - majority stake sale of one of Indonesia's largest thermal roll printing and paper converting companies
Project Dine
F&B
Strategic Advisory
2026
Strategic Advisory
2026
Project Dine
Advised Amanaia Group on corporate action planning and strategic roadmap formulation
Kanmo Group
Consumer Retail
M&A advisory
2026
M&A advisory
2026
Kanmo Group
Advised Kanmo Group on the acquisition of Adidas franchise in Indonesia from GMG
O-I Glass, Inc.
Manufacturing
Divestment
2025
Divestment
2025
O-I Glass, Inc.
Advised on the 100% stake sale of a US-based MNC’s Indonesian business
PT Deltomed Laboratories
Consumer
Share buyback
2024
Share buyback
2024
PT Deltomed Lboratories
Advised shareholders on the buyback of Saratoga’s stake and acq. Financing
Project Eden
Consumer - F&B
Corporate restructuring
& Equity investment
2023
Corporate restructuring
& Equity investment
2023
Eden
Sale of minority stake of Indonesia's leading dining and lifestyle group to a financial investor
Project Onward
Healthcare
Equity investment
2023
Equity investment
2023
PT DV Medika
Divestment of a Private Equity firm's stake from a prominent Indonesian medical device distributor and manufacturer
PT Multitrend Indo
Consumer - Retail
Equity investment & IPO
2022, 2023
Equity investment & IPO
2022, 2023
PT Multitrend Indo
Fundraising from well-known Private Equity firm and IPO for Indonesia's largest baby and kids retailer in Indonesia with over 150 stores across the country
Project Star
Business services
Strategic advisory
2023
Strategic advisory
2023
Project Star
Strategic advisory and corporate action planning for one of Indonesia's largest facility management Companies
Project Fresh
Consumer - Retail
Strategic advisory
2022
Strategic advisory
2022
Project Fresh
Strategic advisory for an established supermarket operator specializing in fresh produce and imported goods
PT Luna Boga Narayan
Consumer - F&B
Equity investment
2021
Equity investment
2021
PT Luna Boga Narayan
$40 million fundraise round for Indonesia's fastest-growing Coffee chain participated by Capsquare Asia Partners and Openspace Ventures
PT Arena Gourmet
Consumer - F&B
Equity investment
2015
Equity investment
2015
PT Arena Gourmet
Advised on equity investment into PT Arena Gourmet, an established operator of premium restaurants, bistros, and cafes
Monsieur Spoon
Consumer - F&B
Buyout
2019
Buyout
2019
Monsieur Spoon
Buyout transaction of Monsieur Spoon, a well-known artisanal pastry and bistro chain, to one of Indonesia's largest limited-service restaurant operators
PT Pendekar Bodoh
Consumer - F&B
Buyout
2019
Buyout
2019
PT Pendekar Bodoh
Sale of majority stake of PT Pendekar Bodoh, a leading casual seafood chain to Narra Capital Partners
PT DV Medika
Medical Devices
Equity Investment
2018
Equity Investment
2018
D&V Medika
Equity investment from a well-known Private Equity firm into a leading Indonesian Medical Device manufacturer and distributor
PT Ismaya Group Sejahtera
Consumer - F&B
Equity investment
2017
Equity investment
2017
PT Ismaya Group Sejahtera
Sale of minority stake of PT Ismaya Group Sejahtera, one of the largest lifestyle and hospitality groups in Indonesia, to Falcon House Partners
PT Deltomed Laboratories
Healthcare
Equity investment
2017
Equity investment
2017
PT Deltomed Laboratories
Sale of minority stake of PT Deltomed Laboratories, a market leader in the consumer health space, to a major Indonesian Private Equity firm
PT Brawijaya Investama
Healthcare
Equity Investment
2015, 2017
Equity Investment
2015, 2017
PT Brawijaya Investama
Advised on equity investment into PT Brawijaya Investama, a well-reputed hospital operator specializing in Woman and Children Services