About
The Borealis Advisory

The Borealis Advisory, established in 2020, is a boutique investment banking firm specializing in mergers and acquisitions for both listed and non-listed companies across diverse industries. We provide a broad range of financial services; Merger and Acquisition, Corporate Restructuring, and Capital Market Fundraising.

The Borealis Advisory, a boutique investment Banking firm based in Bangkok, specializes in merger and acquisition of both listed and non-listed compananies in various industries. We provides broad range of financial services; merger and acquisition, capital market financing, corporate restructuring, international deal, valuation, and strategic advisory services.

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Why us?

Why Us?

01
M&A Experts
01

M&A Experts

With over 20 years of experience, our team provides strong expertise in executing M&A transactions across diverse industries.

02
Comprehensive Services
02

Comprehensive Services

Alongside M&A expertise, our team offers tailored financial solutions, including restructuring and fundraising, to achieve clients' goals

03
Deal Mastery
03

Deal Mastery

Renowned for crafting value-maximizing deals,
even in complex landscapes.

04
Proven Success
04

Proven Success

Our track record unleashes the full potential of our clients’ value.

05
Comprehensive Services
05

Comprehensive Services

Alongside M&A expertise, our team offers tailored financial solutions, including restructuring and fundraising, to achieve clients' goals

06
Deal Mastery
06

Deal Mastery

Renowned for crafting value-maximizing deals, even in complex landscapes.

07
Proven Success
07

Proven Success

Our track record unleashes the full potential of our clients’ value.

Our team

Our Experience

M&A Experience
SSP’s acquisition of Windchai (2023) TPCH’s divestment of TPCH 1, 2, 5, and ECO and ECO and  (2023) Inno Precast’s acquisition of GEL’s precast business (2023) (THB 880 m) PSH’s acquisition of GEL (2023) MASTER’s acquisition of V-Square (2023) PSH’s acquisition of LabPlusOne (2023) MASTER’s acquisition of Dr. Top Hair Hospital (2023) MASTER’s acquisition of Rattinan Medical Center (2023) MASTER’s acquisition of Wind Clinic (2023) BIOTEC (formerly “JUTHA”) ’s acquisition of B100 plants (2021-2022) (THB 1000 m) PSH’s acquisition of Revongen (2022) (THB 900 m) PRM’s acquisition of Thai Oil Marine (2021) (THB 3,000 m) Nathalin’s acquisition of NOVA (formerly “TIW”) (2021) (THB 1,080 m) PSH’s acquisition of Theptarin Hospital (2021) (THB 709 m)

SSP’s acquisition of Windchai (2023)

Borealis advised Sermsang Power Corporation Public Company Limited (set: SSP), a holding company investing in renewable energy businesses, on its acquisition of Windchai Company Limited, the owner of a 45 MW wind power plant  “the Romklao Wind Farm”, to expand its renewable energy business.

TPCH’s divestment of TPCH 1, 2, 5, and ECO and ECO and (2023)

Inno Precast’s acquisition of GEL’s precast business (2023) (THB 880 m)

PSH’s acquisition of GEL (2023)

MASTER’s acquisition of V-Square (2023)

PSH’s acquisition of LabPlusOne (2023)

MASTER’s acquisition of Dr. Top Hair Hospital (2023)

MASTER’s acquisition of Rattinan Medical Center (2023)

MASTER’s acquisition of Wind Clinic (2023)

BIOTEC (formerly “JUTHA”) ’s acquisition of B100 plants (2021-2022) (THB 1000 m)

PSH’s acquisition of Revongen (2022) (THB 900 m)

PRM’s acquisition of Thai Oil Marine (2021) (THB 3,000 m)

Nathalin’s acquisition of NOVA (formerly “TIW”) (2021) (THB 1,080 m)

PSH’s acquisition of Theptarin Hospital (2021) (THB 709 m)

Capital Market
and Restructuring Experience
BIO Green Energy PCL’s Private Placement, Right Offering, Warrant Issuance, and Corporate Restructuring (2020-2023) TRC Construction PCL's RO (2023) DOD Biotech PCL's PP and RO (2023) Sakol Energy PCL's Warrant Issuance (2022) SERMSANG Power Corporation PCL's Private Placement, (2021)

BIO Green Energy PCL’s Private Placement, Right Offering, Warrant Issuance, and Corporate Restructuring (2020-2023)

Borealis advised Bio Green Energy Tech Public Company Limited (set: BIOTEC) on a total of THB 1,700 mn private placement, right offering, warrant issuance, and corporate restructuring for capital increase to expand its renewable energy business.

TRC Construction PCL's RO (2023)

DOD Biotech PCL's PP and RO (2023)

Sakol Energy PCL's Warrant Issuance (2022)

SERMSANG Power Corporation PCL's Private Placement, (2021)

Career at Borealis Advisory

01

Investment Banking Associate

Full-time 100% Remote

Responsibilities:

  • Performing financial analysis and formulating in-depth financial models
  • Conducting due diligence and in-dept understanding of clients' business and industry
  • Formulating and executing financial and commercial strategies for clients
  • Preparing pitch deck, Information Memorandum, and other presentations and documents as required by clients
  • Preparing documents required by related regulators, such as SEC and SET

 

Qualifications:

  • Bachelor's degree in Finance or related disciplines with outstanding academic record
  • Relevant experience in Investment Banking or other Financial sector (for higher position)
  • Strong knowledge of quantitative financial and financial modeling skills
  • Strong analytical and presentation skills
  • Proficient in Microsoft Word, Power Point and Excel
  • Excellent English communication
Please send your CV to operation@theborealisadvisory.com

Yongyoot

Luangrattanamart

Managing Director

As Founder and Managing Director, Yongyoot is responsible for leading Borealis’s investment banking initiatives specialized in Merger & Acquisition. With over 20 years of professional experience in investment banking, Yongyoot has successful tracked record in M&A, equity fund raising, and financial and group restructuring. He is recognized for exceptional deal structuring, having closed numerous transactions in various industries, ranging from energy, automotive, aviation, healthcare, hospitality to retail and industrial estate.

Prior to establish Borealis in 2021, Yongyoot is Head of Investment Banking at TMB and before that, First Senior Vice President and Sector Head at Siam Commercial Bank PCL and Senior Vice President at Asia Plus Securities PCL where he was instrumental in building up the banks’ capital markets and advisory platforms through successful origination / structuring and completion of landmark industry-leading deals.

Yongyoot received a Bachelor of Civil Engineering from Chulalongkorn University before pursuing his Masters of Business Administration at Assumption University.

Selected Experiences

M&A Experiences:

CPALL’s acquisition 

of MAKRO

THB 189,000 mn

WHA’s acquisition 

of HEMRAJ

THB 43,000 mn

Thai Summit’s 
acquisition
of Ogihara

THB 43,000 mn

Thai Summit’s 
acquisition
of Ogihara

THB 43,000 mn

Thai Summit’s 
acquisition
of Ogihara

THB 43,000 mn

Thai Summit’s 
acquisition
of Ogihara

THB 43,000 mn

GSB’s acquisition 

of SAWAD’s subsidiary

THB 1,500 mn

Takeover of

NOVA Empire

THB 1,080 mn

TKS’s

acquisition of TBSP

THB 1,000 mn

CE Lime’s

acquisition of SUTHA

THB 878 mn

MASTER’s acquisition 

of V-Square

THB 720 mn

PSH’s acquisition 

of Theptarin Hospital

THB 709 mn

IPO Experience:

WHAUP

THB 3,200 mn

COM7

THB 1,005 mn

PRM

THB 4,000 mn

JMART

THB 135 mn

NOK

THB 4,900 mn

SNNP

THB 2,100 mn

EPG

THB 4,060 mn

JMT

THB 300 mn

Capital Market and Restructuring Experience:

SAT

Group Restructure

STEC Group

Group Restructure

Thai Summit

Group Restructure

SSP

PP

Project Finance, Structure Finance, and Syndicated Loan Experience:

PRIME

THB 5,000 mn

SSP (2023)

THB 2,200 mn

SSP (2018)

THB 2,000 mn

Piyapat

Pornpipatpong

Director

As Founder and Director, Piyapat is responsible for initiative and execution of Merger & Acquisition, Reverse takeover and Corporate Restructuring specialized in various industries i.e. Banking & Finance, Transportation, Agriculture, Healthcare and Tourism.


Prior to establish Borealis in 2021, Piyapat is Investment Banking Executive at TMB where he was instrumental in building up the banks’ capital markets and advisory platforms through successful origination / structuring, and completion of landmark industry-leading deals.


Piyapat holds an MSc in Investment Management, passed with Distinction, from ICMA Centre at the University of Reading. He completed undergraduate studies in finance at Thammasat University.

Selected Experiences

M&A Experiences:

TMB Merger with TBANK (RPT)

THB 167,680 mn

APOT’s investment 

in potash mining project

THB 40,000 mn

TBANK’s disposal of 

T-Fund to Eastspring

THB 8,400 mn

PSH and GEL Spin-off of 

precast business

THB 1,462 mn

TPCH’s disposal 

of TPCH 1, 2 and 5

THB 1,300 mn

PSH’s acquisition 

of Revongen

THB 900 mn

MASTER’s acquisition 

of V-Square

THB 720 mn

Capital Market and Restructuring Experience:

Preferential Public Offering

THB 54,246 mn

Transferable Subscription Right
(“TSR”)

THB 42,500 mn

PP, RO, warrant,
Corporate Restructuring,
and Acquisition of B100 plant

THB 2,700 mn

Project Finance, Structure Finance, Debenture and Syndicated Loan Experience:

SSP’s equity financing

THB 2,000 mn

PRM’s Acquisition Finance

THB 1,500 mn

Nuttanun

Kitchawan

Director

As Founder and Director, Nuttanun is responsible for initiative and execution of Merger & Acquisition, Reverse takeover, Structured Finance and Corporate Restructuring. Nuttanun’s experience covers a variety of financial advisory services in various sectors, including Energy & Utilities, Tourism, and Property & Construction. 

Prior to establish Borealis in 2021, Nuttanun was Senior Associate of Investment Banking Division at TMB. He has diverse experiences as Investment Banker in equity fund raising, M&A, and structured finance. 

Nuttanun holds a Bachelor’s degree in Engineering at Chulalongkorn University. 

Selected Experiences

M&A Experiences:

Right Offering and 

Investment in New Project

THB 5,568 mn

Takeover of 

NOVA Empire

THB 1,080 mn

Wind Farm 

Acquisition (RPT) 

THB 660 mn

IPO Experience:

Private Placement
(“PP”)

THB 600 mn

Project Finance, Structure Finance, and Syndicated Loan Experience:

Loan Financing

THB 2,000 mn

Chanutr

Sihanatkathakul

Director

As Founder and Director, Chanutr is responsible for initiative and execution of Merger & Acquisition, Structured Financing, Bond Issuance and Corporate Restructuring specialized in various industries i.e. Banking & Finance, Transportation, Infrastructure, and Power.

Prior to establish Borealis in 2021, Chanutr has worked in investment banking for over 8 years at various Thai Banks including TMB, SCB and KASIKORNBANK where he was instrumental in originating and structuring many innovative and first in country transactions.

Selected Experiences

Project Finance, Structure Finance, and Syndicated Loan Experience:

Bond

Bond Issuance and
Guarantor

THB 23,000 mn

M&A

Wind Project 
Acquisition