TH 
EN 
Sell a Manufacturing Business in Thailand
Gain insights into valuation drivers, selling strategies, and investor appeal in this booming sector. Learn how technology and market dynamics shape Thai manufacturing businesses’ value, positioning them...
Sell your business today
MAX Solutions is a technology-driven Mergers & Acquisitions Brokerage firm
We Specialize In Selling Companies With ฿30M – ฿3000M in Revenue.
At MAX Solutions, we understand that your business is more than just a venture—it’s a lifetime achievement. Leveraging our cutting-edge MAX AI Matching System, we minimize the time between decision and deal. Our success-based fee structure ensures cost-effective transactions, all backed by nearly 50 years of legal and accounting expertise from our partners at Tanormsak.
Unlock Cheaper, Faster, Smarter Business Sales.
Cheaper
0 Baht until Success
Faster
3 Months Closing Target
Smarter
MAX AI Matching System
M&A Process
We help sell your business from
Start
to
Finish
- 1 Preparation
- 2 Solicitation
- 3 Receive IOI*
- 4 Receive LOI*
- 5 Conduct Due Diligence
- 6 Sign Purchase Agreement
1 Preparation
Preperation
Activities
- Conduct valuation
- Build confidential information memorandum (CIM)
- Build buyer prospect list, including warm and cold connections
- Create data room and due diligence package
- Build and finalize financial models and business documents
- Generate audited financial statements
- Create an objection-handling script
Deliverables
Confidential information memorandum
Objection-handling Script
Prospect List
Financial projections and audited financial statements
Stake Holders
Seller, Banker, Lawyer, Accountant
Powered by MAX AI
co-engineered with Team from
Activities
- Conduct valuation
- Build confidential information memorandum (CIM)
- Build buyer prospect list, including warm and cold connections
- Create data room and due diligence package
- Build and finalize financial models and business documents
- Generate audited financial statements
- Create an objection-handling script
Deliverables
Confidential information memorandum
Objection-handling Script
Prospect List
Financial projections and audited financial statements
Stakeholders
Seller, Banker, Lawyer, Accountant
Powered by MAX AI
co-engineered with Team from
2 Solicitation
Solicitation
Activities
- Solicit buyer with a request for an indication of interest
- Give buyer a commitment timeline when appropriate
- If prospect passes, ask for a referral
- Rebut objections based on preparation
- Provide more information as requested, but avoid giving access to data room
Deliverables
List of FAQs
and how to handle them
Stake Holders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
Activities
- Solicit buyer with a request for an indication of interest
- Give buyer a commitment timeline when appropriate
- If prospect passes, ask for a referral
- Rebut objections based on preparation
- Provide more information as requested, but avoid giving access to data room
Deliverables
List of FAQs
and how to handle them
Stakeholders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
3 Receive IOI*
Receive IOI*
Activities
- Create and negotiate valuation range, earnout, and acquisition terms
- Share information needed for buyer to create valuation, such as growth story and customer information
Deliverables
List of open items for
Formal IOI
Stake Holders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
Activities
- Create and negotiate valuation range, earnout, and acquisition terms
- Share information needed for buyer to create valuation, such as growth story and customer information
Deliverables
List of open items for
Formal IOI
Stakeholders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
4 Receive LOI*
Receive LOI*
Activities
- Negotiate and refine deal terms, such as valuation, earnout, and equity rollover
- Determine due diligence needs and exclusivity post LOI execution
Deliverables
Due diligence list
Executed LOI
Stake Holders
Seller, Banker, Lawyer
Powered by MAX AI
co-engineered with Team from
Activities
- Negotiate and refine deal terms, such as valuation, earnout, and equity rollover
- Determine due diligence needs and exclusivity post LOI execution
Deliverables
Due diligence list
Executed LOI
Stakeholders
Seller, Banker, Lawyer
Powered by MAX AI
co-engineered with Team from
5 Conduct Due Diligence
Conduct Due Diligence
Activities
- Due diligence activities including but not limited to legal, operational, financial, vendor, working capital, organizational structure, facilities, and advisor items
Deliverables
Completed due diligence checklist
Data room containing
Stake Holders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
Activities
- Due diligence activities including but not limited to legal, operational, financial, vendor, working capital, organizational structure, facilities, and advisor items
Deliverables
Completed due diligence checklist
Data room containing
Stakeholders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
6 Sign Purchase Agreement
Sign Purchase Agreement
Activities
- Updating valuation, earnout, equity rollover, and other related items based on material due diligence discoveries
- Conditions to close
- Representations and warrants
- Covenants and indemnification
Deliverables
Signed purchase agreement
Money transferred
Stake Holders
Seller, Banker, Lawyer
Powered by MAX AI
co-engineered with Team from
Activities
- Updating valuation, earnout, equity rollover, and other related items based on material due diligence discoveries
- Conditions to close
- Representations and warrants
- Covenants and indemnification
Deliverables
Signed purchase agreement
Money transferred
Stakeholders
Seller, Banker, Lawyer
Powered by MAX AI
co-engineered with Team from
Start
Finish
- 1 Preparation
- 2 Solicitation
- 3 Receive IOI*
- 4 Receive LOI*
- 5 Conduct Due Diligence
- 6 Sign Purchase Agreement
1 Preparation
Preperation
Activities
- Conduct valuation
- Build confidential information memorandum (CIM)
- Build buyer prospect list, including warm and cold connections
- Create data room and due diligence package
- Build and finalize financial models and business documents
- Generate audited financial statements
- Create an objection-handling script
Deliverables
Confidential information memorandum
Objection-handling Script
Prospect List
Financial projections and audited financial statements
Stake Holders
Seller, Banker, Lawyer, Accountant
Powered by MAX AI
co-engineered with Team from
Activities
- Conduct valuation
- Build confidential information memorandum (CIM)
- Build buyer prospect list, including warm and cold connections
- Create data room and due diligence package
- Build and finalize financial models and business documents
- Generate audited financial statements
- Create an objection-handling script
Deliverables
Confidential information memorandum
Objection-handling Script
Prospect List
Financial projections and audited financial statements
Stakeholders
Seller, Banker, Lawyer, Accountant
Powered by MAX AI
co-engineered with Team from
2 Solicitation
Solicitation
Activities
- Solicit buyer with a request for an indication of interest
- Give buyer a commitment timeline when appropriate
- If prospect passes, ask for a referral
- Rebut objections based on preparation
- Provide more information as requested, but avoid giving access to data room
Deliverables
List of FAQs
and how to handle them
Stake Holders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
Activities
- Solicit buyer with a request for an indication of interest
- Give buyer a commitment timeline when appropriate
- If prospect passes, ask for a referral
- Rebut objections based on preparation
- Provide more information as requested, but avoid giving access to data room
Deliverables
List of FAQs
and how to handle them
Stakeholders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
3 Receive IOI*
Receive IOI*
Activities
- Create and negotiate valuation range, earnout, and acquisition terms
- Share information needed for buyer to create valuation, such as growth story and customer information
Deliverables
List of open items for
Formal IOI
Stake Holders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
Activities
- Create and negotiate valuation range, earnout, and acquisition terms
- Share information needed for buyer to create valuation, such as growth story and customer information
Deliverables
List of open items for
Formal IOI
Stakeholders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
4 Receive LOI*
Receive LOI*
Activities
- Negotiate and refine deal terms, such as valuation, earnout, and equity rollover
- Determine due diligence needs and exclusivity post LOI execution
Deliverables
Due diligence list
Executed LOI
Stake Holders
Seller, Banker, Lawyer
Powered by MAX AI
co-engineered with Team from
Activities
- Negotiate and refine deal terms, such as valuation, earnout, and equity rollover
- Determine due diligence needs and exclusivity post LOI execution
Deliverables
Due diligence list
Executed LOI
Stakeholders
Seller, Banker, Lawyer
Powered by MAX AI
co-engineered with Team from
5 Conduct Due Diligence
Conduct Due Diligence
Activities
- Due diligence activities including but not limited to legal, operational, financial, vendor, working capital, organizational structure, facilities, and advisor items
Deliverables
Completed due diligence checklist
Data room containing
Stake Holders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
Activities
- Due diligence activities including but not limited to legal, operational, financial, vendor, working capital, organizational structure, facilities, and advisor items
Deliverables
Completed due diligence checklist
Data room containing
Stakeholders
Seller, Banker
Powered by MAX AI
co-engineered with Team from
6 Sign Purchase Agreement
Sign Purchase Agreement
Activities
- Updating valuation, earnout, equity rollover, and other related items based on material due diligence discoveries
- Conditions to close
- Representations and warrants
- Covenants and indemnification
Deliverables
Signed purchase agreement
Money transferred
Stake Holders
Seller, Banker, Lawyer
Powered by MAX AI
co-engineered with Team from
Activities
- Updating valuation, earnout, equity rollover, and other related items based on material due diligence discoveries
- Conditions to close
- Representations and warrants
- Covenants and indemnification
Deliverables
Signed purchase agreement
Money transferred
Stakeholders
Seller, Banker, Lawyer
Powered by MAX AI
co-engineered with Team from
Fee structure
0 Baht until we sold your business
|
Major company A | Major company B | ||
|---|---|---|---|---|
| Fee for successful closing of deal※ | ||||
| Retainer fee | No Fee | Fee | No Fee | |
| Interim fee / Monthly fee | No Fee | No Fee | Fee | |
| Base for the successful closing fee | Based on transfer price | Based on total transferred assets | Base for the successful closing fee | |
|
Successful closing fee (Compared at 300 million baht or less) |
≈5% | ≈10% | ≈10% | |
Fee structure
0 Baht until we sold your business
Client Industries
We help sell businesses in
multiple industries
Construction
Construction
Electrical work/ plumbing workConstruction / civil engineering
Air conditioning equipment construction
Temporary scaffolding construction, scaffolding construction
Construction management
Wholesale of building materials and housing equipment
Demolition work
Steel construction
Interior and exterior work
Firefighting equipment inspection and construction
Building material wholesaler
Human Resources
Human Resources
Temp agency
SES
Shared services
Engineer dispatch
SES
Shared services
Engineer dispatch
IT/communication
IT/communication
IT
System development
Online shopping / EC
Game
Web advertising
SaaS business
Web production
Datacenter
Transportation
Transportation
Transportation / Logistics
Taxi
Online shopping/EC
Buses
Moving
Real estate
Real Estate
Condominium management
Building maintenance
Real estate tech
Renovation
Rent Guarantee / Rental Management
Real estate management
Treatment/welfare
Treatment/welfare
Dispensing pharmacy
Nursing care business
Institutional care/Nursing home
Home-visit care / day service
Medical equipment wholesaler & trading company
Pharmaceutical
SMO
CRO
Animal Hospital
Dentistry
Ophthalmology Clinic
Pharmaceutical wholesaler
Facilities for people with special needs・Continuous employment support facilities
Hospital/Medical Corporation
Finance/Insurance
Finance/Insurance
Lease / Rental
Insurance agency
Fund
Travel
Travel
Hotel
Travel agency
Food & Beverage
Food & Beverage
Restaurant
Foodservice / Hospital food service / School cafeteria
Food delivery service
Food manufacturers, food processors, food factories
Sake Brewery / Sake Brewery
Takeout, Delicatessen
Food preparation / Takeout / food delivery
Ramen shop
Bakery
Education
Eduction
Food preparation/Takeout/food delivery
Tutoring School
Incorporated educational institution/vocational School
Retail
Retail
Apparel manufacturer/apparel
Retail business
Supermarket
FC (franchise member store)
Pharmacy / Drugstore
LP Gas
Service
Service
Security
Esthetic Salon
Nail salon
Tax Accountant Office/Accounting Office
Beauty Salon
Call center
Sports club/Fitness club
Funeral
Interpretation & translation
Manufacturing
Manufacturing
Printing
Paint & paint wholesale manufacturer
Cardboard
Commercial & industrial machinery manufacturing
Shipbuilding, heavy machinery, plant industry
Chemical manufacturer
Leisure facilities
Leisure facilities
Golf course
Climbing gym / Bouldering gym
Environment/Bio
Environment/Bio
Industrial waste/environment
About Us
Max Solutions, a direct extension of Tanormsak
In the dynamic realm of mergers and acquisitions, Max Solutions emerges as a visionary force, synergistically united with the esteemed Tanormsak Lawyer & Accounting Office. Our tech-driven M&A brokerage is revolutionizing the industry by enabling seamless integration of legal, accounting, and tax planning expertise into every transaction.
Our AI-driven ‘M&A to the power of X’ system is not just a technological marvel; it’s augmented by half a century of Tanormsak’s unrivaled proficiency in legal and financial domains. This potent combination expedites due diligence, streamlines processes, and offers unparalleled precision in tax planning—key aspects that are critical in M&A success.
The union of Max Solutions with Tanormsak’s celebrated history brings forth a suite of bespoke services. It elevates our capability to conduct thorough due diligence with unmatched speed, thanks to our internal coordination. We are not just facilitating deals; we are crafting legacies with the meticulous care synonymous with Thai tradition.
By Tanormsak Lawyer & Accounting Office
A 50 years legacy
Tanormsak Lawyer & Accounting is not just a firm; it’s a legacy built on the solid grounds of Thailand’s business traditions. For five decades, Tanormsak have been the trusted partners for individuals, SMEs, and SET50 companies, guiding them with precision and foresight.
Our collaboration with Tanormsak is a testament to our commitment to excellence and innovation. Together, we are setting new benchmarks for success in the Thai M&A space, offering integrated solutions that reflect our collective experience, reasonable pricing, and expansive network.
Experience the synergy where tradition meets innovation, and every transaction is a step towards the future.
Trusted By...
MAX Solutions Insights
Sell a Manufacturing Business in Thailand
Gain insights into valuation drivers, selling strategies, and investor appeal in this booming sector. Learn how technology and market dynamics shape Thai manufacturing businesses’ value, positioning them...
Frequently Asked Questions (FAQ)
General Information
At MAX SOLUTIONS, we pride ourselves on offering a comprehensive one-stop solution package for M&A. Our expertise spans the entire M&A journey, ensuring clients experience a smooth and holistic process. As a direct extension of Tanormsak Legal & Accounting Firm, which boasts over half a century of experience, we’re uniquely positioned to provide unparalleled legal, accounting, and tax consulting. What truly sets us apart is our integration of MAX AI, co-engineered with a distinguished team from Stanford. This state-of-the-art technology accelerates the M&A process, solidifying our reputation as the leading technology-driven M&A brokerage firm in Thailand.
Absolutely. We believe in fostering a trusting relationship from the outset. Feel free to reach out for an initial, no-obligation discussion about your M&A needs.
Process & Duration
Leveraging our MAX AI technology, we optimize the matchmaking process, minimize unnecessary exchanges, and drive results in record time.
Every M&A journey is unique, but with our advanced tools and experienced team, we aim to see successful matches within 1.5 to 3 months.
Fees & Pricing
We adopt a client-centric approach, opting for a success-based fee system. Only when your company transfer is successfully concluded do we charge. For a detailed breakdown, please refer to our “Pricing System.”
Confidentiality & Security
The trust of our clients is paramount. We employ stringent confidentiality measures and only disclose information to potential buyers after securing a Non-Disclosure Agreement (NDA). We recommend exclusive contracts to further safeguard your data.
Post-M&A Scenarios
Certainly! The involvement of original leadership post-transfer is decided on a case-by-case basis, catering to both the seller’s and the buyer’s preferences.