Certified Firms in Indonesia
10 ACFI-certified M&A advisory firms operating in Indonesia.
Mandiri Sekuritas
Mandiri Sekuritas is Indonesia's dominant domestic advisory house and investment bank, named 'Best M&A House in Indonesia' by Alpha Southeast Asia in 2024. As the securities arm of Bank Mandiri, it provides full-spectrum financial advisory services including M&A, ECM, and DCM across Southeast Asia.
AvantGarde Capital
AvantGarde Capital is an independent boutique advisory firm based in Jakarta, focused on strategic sell-side and buy-side M&A advisory. The firm serves Indonesian corporates, family businesses, and private equity firms seeking tailored transaction support.
Bahana Sekuritas
Bahana Sekuritas is a prominent Indonesian investment bank and securities company under the Bahana Financial Group. Its M&A financial advisory division serves both domestic and cross-border transactions, with particular strength in government-linked mandates and SOE restructurings.
BNI Sekuritas
BNI Sekuritas is the investment banking subsidiary of Bank Negara Indonesia, offering M&A advisory, underwriting, and corporate finance services. With nearly three decades of experience, BNI Sekuritas has built a strong track record in Indonesian capital markets and strategic advisory.
BRI Danareksa Sekuritas
BRI Danareksa Sekuritas is one of Indonesia's largest state-owned investment banks, formed from the merger of Danareksa Sekuritas and BRI Securities. It operates a dedicated M&A financial advisory division serving corporates and government entities across Indonesia.
CIMB Niaga Sekuritas
CIMB Niaga Sekuritas is the Indonesian investment banking arm of CIMB Group, one of ASEAN's leading universal banking groups. It provides M&A advisory, corporate finance, and capital markets services with strong cross-border connectivity across Malaysia, Indonesia, and Thailand.
Nobridge
Nobridge is a fast-moving Indonesian advisory firm that burst onto the Jakarta deal scene in 2025. With a lean team of 40 professionals, the firm covers every major sector and has already earned a reputation for rapid capital mobilization and aggressive deal timelines across the Indonesian archipelago.
Nusantara Advisory
Nusantara Advisory is an emerging M&A advisory firm in Jakarta, specializing in energy and natural resources transactions in the Indonesian market with growing cross-border capabilities.
Protemus Capital
Protemus Capital is an independent advisory firm offering end-to-end M&A solutions including deal sourcing, execution, and post-merger integration. The firm uses a proprietary methodology to ensure smooth ownership transitions for mid-market Indonesian businesses.
Trimegah Sekuritas Indonesia
Trimegah Sekuritas Indonesia (IDX: TRIM) is a publicly listed mid-tier securities firm with investment banking capabilities spanning M&A advisory, equity capital markets, and debt capital markets. Known for its strong research-driven approach to deal origination.
