Ginting & Reksodiputro in association with A&O Shearman has a particularly strong offering in relation to high-profile tech-related transactions and M&A concerning banks and other financial institutions, and is highly capable in relation to fintech work in the corporate space. The firm is also noted for its cross-border capabilities, and is able to advise multinational clients in relation to Indonesian, Singaporean, UK, and US law through its association with A&O Shearman. Harun Reksodiputro co-leads the practice, providing a broad offering across transactional and corporate advisory mandates, with a focus of his work being on foreign investors seeking to enter the Indonesian market through direct investment and capital markets. Sugianto Osman is the other co-lead, with expertise which covers private equity, TMT, and finance work. Senior associates Alamanda Daud and Sam Samid are also of note.

Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie provides a full range of corporate services, covering both transactional and non-transactional support for a number of domestic and international businesses operating in Indonesia, and 'really operates seamlessly as one team for both multi-jurisdictional and local deals'. The group has strengths in handling foreign investment and domestic M&A in a range of sectors that include pharmaceuticals, TMT, and financial services; Mita Djajadiredja heads up this work, leveraging her extensive experience on behalf of a range of clients, including those operating at the intersection of finance and technology. Daniel Pardede is also of note for his work in this space, taking ‘a pragmatic and holistic view‘ on his work in IT and telecoms. Adhika Wiyoso is similarly active in relation to corporate matters in the TMT space. Gerrit Jan Kleute has a track record in assisting multinationals with their cross-border M&A in Europe and Asia. Erwandi Hendarta and Iqbal Darmawan head up the firm’s finance and capital markets practices, respectively.

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills has the capacity to handle the full range of transactional corporate mandates across a number of sectors; financial services, including banking, insurance, and fintech, is an area of particular expertise for the firm, as is TMT and related infrastructure projects. Through its association with Herbert Smith Freehills, the firm is not only able to enhance its cross-border capabilities, but also draw on the extensive experience of seconded partners David Dawborn, Vik Tang, and Cellia Cognard across M&A, joint ventures, and corporate transactions more generally. Other key names include Sakurayuki, who specialises in telecoms; Stephanie, who focusses on healthcare; Irfan Ghazali, who has an emphasis on TMT; and Abimata Putra Sulistyo, who works primarily in the financial services and industrial sectors. Founding partner Santi Darmawan also continues to be active within the team.

SSEK Law Firm is noted for the way in which it ‘understands the legal regulatory landscape in Indonesia and its implementation in practice‘; the group assists high-profile multinational clients across a range of sectors with their regulatory and transactional mandates. Ira Eddymurthy heads up the work, specialising in M&A and foreign investment across insurance, healthcare, and natural resources. Dewi Savitri Reni is noted for her work with multinational and domestic clients in natural resources and manufacturing, as well as her focus on M&A in the technology space. Foreign counsels Michael Twomey and Michael Carl both also have a focus on mandates relating to natural resources. Fransiscus Rodyanto and Jonathan Streifer complete the roster of key contacts.

ABNR Counsellors at Law advises a range of domestic and multinational clients on all aspects of M&A transactions, leveraging the firm’s competition capabilities to assist with compliance issues, while also providing a much wider corporate offering. The firm has a particularly strong track record in foreign investment into the Indonesian market, and is well placed to assist both international investors and major Indonesian companies in respect of these transactions. Agus Ahadi Deradjat heads up the team, with a practice that cuts across M&A, FDI, and TMT. He has a deep bench to draw upon, including Emir Nurmansyah, Rita Taufik, Ayik Candrawulan Gunadi, Chandrawati Dewi, Nurdin Adiwibowo, Freddy Karyadi, Monic Devina, and foreign counsel Gustaaf Reerink.

Assegaf Hamzah & Partners combines regional strengths, drawing on the expertise and resources of the Rajah & Tann Asia network, with wide-ranging capabilities in the corporate space, supported by the firm’s competition and tax practices. Eko Basyuni leads the practice, covering the full range of M&A, joint ventures, FDI, and restructurings for clients from a range of sectors. Name partner Ahmad Fikri Assegaf remains an active team member. Other lawyers of note include Tunggul Utomo, Valerie Ngooi Ming Hui, Mita Kartohadiprodjo, Bono Adji, Angelica Maharani, and foreign counsel Carol Lim.

Makarim & Taira S. offers a range of services, with strengths in foreign investment, share and asset acquisitions, M&A more generally, and corporate restructures. The firm deploys its expertise in complementary areas - namely, employment, IP, competition, real estate, and disputes - to provide a well-rounded offering. Foreign legal consultant Hilton King is a key contact, particularly f0r M&A and investment work in the industrial, energy, natural resources, and infrastructure sectors. Rahayu Ningsih Hoed similarly lends her extensive experience to the team, with Stephanie Kandou and Norma Mutalib also being of note for their transactional and franchising expertise, respectively.

Makes & Partners covers a wide range of corporate transactions, acting across high-profile M&A, joint ventures, and investments, with strengths in respect to clients active in the real estate, telecoms, and natural resources spaces. Fransisca heads up the team, working alongside founding partner Yozua Makes, who brings his expertise in corporate matters and transnational mergers to the group. Bernardus Billy is noted for his track record in handling corporate matters for technology and telecoms clients. Senior partner Iwan Setiawan is another name to note.

Widyawan & Partners has a strong offering in domestic M&A relating to finance services and digital infrastructure, and leverages its association with Linklaters to advise a number of multinational clients on their complex, cross-jurisdictional corporate mandates. Karen Phang heads up the team with a core practice in M&A, joint ventures, and strategic collaborations, working across financial services, infrastructure, and consumer services. The highly experience Yolanda Hutapea is also active in this area. Other key contacts are the ‘fantastic, commercial and extremely sharp‘ David Holme and Teguh Arwiko, who has a ‘comprehensive understanding of complex legal matters and market dynamics ‘. Associate Tengku Almira Adlinisa is also noted.

Hanafiah Ponggawa & Partners – Dentons HPRP has established a particularly strong offering in relation to international technology sector clients seeking to establish themselves in the Indonesian market, with capabilities that extend to the full range of regulatory and corporate challenges. Andre Rahadian takes the lead on much of the IT-related work and is otherwise very involved in the aviation industry. Giovanni Mofsol Muhammad has a particular emphasis in her work on government bodies and state-owned companies. Maurice Maulana Situmorang applies his sector specialisms across natural resources, energy, and TMT to his corporate work.

Oentoeng Suria & Partners in association with Ashurst draws on Ashurst's global footprint to enhance the firm’s cross-border capabilities, which it couples with its own experience in handling technology matters, particularly fintech, from an Indonesian perspective. Ratih Nawangsari has experience in a range of corporate transactions and sectors, namely energy, infrastructure, natural resources, and real estate. She works alongside Dion Alfadya who has a similar breadth to her work, and is noted for her work across telecoms, fintech, healthcare, technology, and downstream oil and gas. Seconded partner Frédéric Draps is also noted.

Soemadipradja & Taher has wide-ranging capabilities in the corporate and M&A space, and is able to assist both domestic and international clients with their day-to-day corproate matters, as well as advising them on their business-critical, cross-border M&A deals. Emalia Achmadi leads the firm’s work in this space, with a particular specialism in advising clients in the financial services sector. Other key contacts include Denia Isetianti Permata and Avindra Yuliansyah, who made associate partner in January 2023.

TnP Law Firm is able to cover the full scope of corporate mandates, and has been particularly active in the sale of telecoms infrastructure and in acquisitions and divestitures in the energy sector, covering both generation and distribution. The team also has a track record in a range of other industries. Rambun Tjajo has extensive experience in handling a range of M&A and other transactional matters as part of his broad practice. Melissa Butarbutar and Ken Prasadtyo similarly lend their wide-ranging strengths to a diverse array of transactions.

TNB & Partners in association with Norton Rose Fulbright in association with Norton Rose Fulbright is active in relation to M&A and other corporate transactions in the natural resources, energy and logistics sectors, and plays a key advisory role to a number of domestic and international companies in the Indonesian market which operate within those industries. Managing partner Kresna Panggabean is active in these sectors, advising on regulatory issues, compliance strategies and general corporate matters, while Benny Bernarto has a greater focus on complex mergers in the technology field.

UMBRA – Strategic Legal Solutions has the ability to advise clients in respect of the full sweep of M&A transactions and related restructures, with a strong industry focus on the energy, natural resources and telecoms sectors. Managing partner Pramudya Oktavinanda has acted for governmental, local, and international clients in a number of complex and cross-border corporate transactions, including M&A deals and spin-offs. Senior partner Reggy Firmansyah heads up the firm’s natural resources and specific industries work across the mining, oil and gas, ports, pharmaceuticals, and energy sectors.

Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia combines an ‘efficient team that is accustomed to sophisticated deal structures‘ with particular expertise in assisting finance and private equity clients. Working with a number of other regional firms under the White & Case LLP network, the group has an extensive track record in handling complex, multijurisdictional M&A for multinational clients seeking to invest in SE Asia. Kristo Molina and counsel Rika Rusman are key contacts.

Adnan Kelana Haryanto & Hermanto (AKHH) specialises in assisting clients with M&A transactions relating to renewable energy and TMT infrastructure, balancing 'international experience and a deep knowledge of the local market norms and practices'. Andy Kelana heads up the team with an expertise in the telecoms and energy sectors that reflects the wider firm, working alongside Helena Adnan, who has a diverse array of capabilities and clients. Erline Herrmann is noted for her ‘great understanding of the client’s commercial objectives‘.

Roosdiono & Partners (a member firm of the KPMG Law network) has a twofold focus; firstly on technology, cutting across fintech, healthcare, and e-commerce, and secondly on international mandates, working for multinational clients on their cross-border matters. Hanim Hamzah leads the team from Singapore, working across the aviation, finance, and natural resources sectors. In Jakarta, Barryl Rolandi and Achimi Athia Anita are the key contacts.

Santoso, Martinus & Muliawan Advocates draws on practice head Elvino Martinus' expertise in the natural resources, manufacturing, and consumer products sectors to strengthen its reputation for transactional work in these fields. The group is able to assist with mandates for multinationals, investment banks, and local and foreign private equity players. Dual-qualified in New York and Indonesia, Wincen Santoso is also of note, as is William Muliawan for his track record in assisting with market entry. Karin Sungkono is another key contact.

Walalangi & Partners in association with Nishimura & Asahi has particular strength in advising Japanese clients on the full range of their transactional mandates relating to the Indonesian market, with experience working on complex, cross-border M&A, joint ventures, and restructuring. Real estate is a particular sector strength for the team. Founding partner Luky Walalangi leads on much of the key work, capably supported by Miriam Andreta and Hans Adiputra Kurniawan.

Azwar Hadisupani Rum & Partners has a strong offering in corporate matters relating to infrastructure and energy projects; Irawady Azwar specialises in such work, as is Abdul Haris Rum, who has extensive knowledge of energy law. Zaka Hadisupani Oemang, whose experience is primarily in disputes, is also noted for his crossover work in this sphere.

Bagus Enrico & Partners (BE Partners) is active in advising foreign and domestic venture capital players on their activities in the Indonesian tech-based start-up space, but is also well regarded for its expertise in relation to M&A and deal restructuring more generally. Bagus Nur Buwono, Enrico Iskandar and Debu Batara Lubis are the key contacts for this work.

Hogan Lovells in association with Dewi Negara Fachri & Partners deploys its ‘extensive commercial knowledge of M&A projects‘ for a range of clients seeking assistance with their cross-border corporate transactions. Mochamad Kasmali heads up the practice, and is noted for his expertise in energy and natural resources.

IABF Law Firm (IABF) advises on a range of issues, including both transactional and compliance mandates. Technology, telecoms, financial services, and natural resources, particularly mining and plantations, are sectors of particular expertise for the team. Ivan Baely leads the practice, working alongside other key contacts Almaida Askandar and Robert Hasan.