Client Testimonials

Client Experiences

Perspectives from clients we've supported through M&A transactions

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What Clients Say

Feedback from organizations that have worked with Confluvio

AP

Anukul Pattanapong

CFO, Bangkok

The team handled our manufacturing facility acquisition with clear communication throughout the due diligence phase. Their report identified several contract issues we hadn't considered, which helped us negotiate better terms. Appreciated their practical approach to addressing the findings rather than just listing concerns.

January 28, 2026

SC

Sarah Chen

Investment Director, Chiang Mai

We engaged Confluvio for transaction documentation on a technology company acquisition. The purchase agreement was well-structured with appropriate warranties given the sector. The regulatory coordination for foreign business approval worked smoothly. Would have preferred more proactive updates during the approval waiting period, but overall satisfied with the outcome.

February 3, 2026

DW

David Wijarn

Managing Partner, Phuket

Confluvio supported our hospitality business sale with both documentation and integration advisory. The legal team understood the sector-specific considerations around land leases and licensing transfers. Their post-closing support helped navigate the ownership transition requirements efficiently. The fee arrangement was transparent and aligned with the quoted estimate.

January 19, 2026

NK

Narumon Khammuan

CEO, Bangkok

We retained Confluvio for due diligence on a retail chain acquisition. The team identified IP ownership issues that weren't apparent in the data room materials. This discovery led to significant purchase price adjustments. Their risk assessment framework helped us make an informed decision about proceeding with appropriate protections in place.

February 11, 2026

MS

Michael Sutthipong

Operations Director, Samut Prakan

Engaged for post-merger integration after our company was acquired. The team coordinated the corporate restructuring filings and employment transitions competently. Documentation was clear and the timeline kept us on track. Integration proceeded without major compliance issues, which was our primary concern going in.

January 24, 2026

PR

Preecha Rattana

Board Member, Nonthaburi

The legal advisory for our distribution network merger was handled professionally. Confluvio coordinated the competition law filing efficiently and their documentation approach balanced our concerns about liability exposure with the seller's willingness to provide representations. Senior partner remained accessible throughout the negotiation phases.

February 7, 2026

Transaction Case Studies

Selected examples of M&A advisory engagements

Manufacturing Sector Acquisition

Challenge

Strategic buyer evaluating acquisition of established manufacturing facility. Initial assessment revealed potential environmental compliance issues and unclear equipment ownership documentation. Timeline pressure from seller's concurrent negotiations with other interested parties.

Approach

Expedited due diligence focused on material risk areas including environmental permits, equipment titles, and key supplier contracts. Coordinated environmental consultant review parallel to legal workstream. Structured findings to enable rapid decision-making on bid pricing adjustments.

Outcome

Client proceeded with acquisition after negotiating 8% purchase price reduction based on identified remediation requirements. Transaction closed within competitive timeline with appropriate environmental indemnification framework protecting buyer. Facility operational continuity maintained throughout ownership transition.

"The due diligence delivered exactly what we needed to make an informed decision under time pressure. The environmental risk assessment was particularly valuable for our board discussions."

— Transaction lead, acquiring company

Technology Platform Business Transfer

Challenge

Cross-border acquisition requiring coordination between Thai corporate law and foreign investor's home jurisdiction requirements. Complex IP ownership structure with software development across multiple entities. Foreign business law restrictions requiring careful transaction structuring.

Approach

Developed share acquisition structure accommodating foreign ownership percentage limitations. Coordinated IP consolidation into acquiring entity post-closing. Managed foreign business license application alongside transaction documentation. Maintained alignment with foreign counsel on cross-border elements.

Outcome

Transaction completed with regulatory approvals secured within projected timeline. IP ownership successfully consolidated through post-closing assignments. Acquirer achieved intended ownership structure while maintaining compliance with Thai foreign business restrictions. Platform integration proceeded without operational disruption.

"Managing the foreign business law aspects alongside the commercial negotiation required careful coordination. Confluvio's experience with cross-border structures was essential to achieving our objectives."

— Investment director, foreign acquirer

Retail Chain Consolidation

Challenge

Family-owned retail business with locations across multiple provinces being acquired by industry consolidator. Lease structures varied across locations with some requiring landlord consents. Employee transition concerns given differing benefit structures between companies.

Approach

Conducted comprehensive lease review and prioritized critical consent requirements for closing conditions. Developed employment transition framework addressing Thai labor law requirements for business transfer. Coordinated landlord consent process across locations. Structured post-closing integration plan for benefit harmonization.

Outcome

Transaction closed with all essential lease consents obtained. Employment transition proceeded in compliance with labor law notification requirements. Post-closing integration completed over 3-month period with benefit structure successfully harmonized. No material employee departures during transition period.

"The lease consent coordination prevented potential closing delays. Their employment law guidance was crucial for maintaining staff stability through the ownership change."

— CEO, acquiring retail group

Practice Credentials

Professional standing and experience supporting our M&A practice

100%

Thai Bar Licensed Attorneys

45+

M&A Transactions Advised

4.7/5

Average Client Satisfaction

8

Industry Sectors Served

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