Strategic and Financial Advisory for a Complex World

Providing high quality services and value to clients through unequalled experience and in-depth knowledge of the Indonesian business environment.

Background

Trust Capital provides a full international class financial advisory services in Indonesia and regionally. Our services cover Corporate Finance, Business Recovery, Mergers and Acquisitions, Fund Raising, Valuation services, and Private Placements.

Our Commitment

Trust Capital has high qualification, offering the highest level of experience, technical and practical skills and understanding and a full range of services under one roof coupled with a genuine commitment to deliver the services. Our mission is to achieve outstanding client satisfaction and to cultivate long-term relationships.

Investment Opportunities

Business Hotel Chain

Established in 2010 as owner of 3-star business hotels in Indonesia. Currently owns 6 hotels and 3 separate land banks.

Petshop

A prominent pet shop retail in Indonesia offering grooming, hotels, training, and clinics. Launching offline operations in 2017, the Company boosted to 33 stores as of 2023.

Heart Specialist Hospital

Established in 2013, owning the local largest network with 2 hospitals and 9 operating clinics. Partner of BPJS since March 2015.

Healthy Frozen Dessert

Established in 2008 as a quick service restaurant. Outlets are in high traffic premium locations totalling more than 65 outlet locations until October 2022.

Beverage Company

Established since 2017, the first to introduce cheese tea drinks in Indonesia. Targets rising middle-class population across major cities with 57 outlets as of October 2022.

Portfolio Investments

Range of Services

Trust Capital Strategic and Financial Advisory services cover the following services for both public, state-owned, and private institutions:

Corporate Value Advisory

Our objective is to provide impartial, unbiased analysis and value-added advice.

  • Valuations of closely held businesses
  • Valuations of intangible assets and intellectual properties
  • Transactional fairness & solvency opinions

Corporate Finance & Due Diligence

We enable clients to develop a broad perspective to drive shareholder value.

  • Assess company prospects and identify risks
  • Propose contract solutions (warranties, price adjustments)
  • Support deal negotiations with due diligence findings

Capital Market & Investment Banking

Full range of investment banking and business brokerage services.

  • Merger & acquisition strategies
  • Private placement of debt and equity
  • Deal structuring and securities design

IPO Advisory and Fund Raising

Optimizing proceeds and managing complexity for capital market success.

  • Pre-IPO Restructuring and Fundraising
  • Indicative IPO Valuation & equity stories
  • Negotiation with underwriters and investors

Our Team

Frans Wiantono

Partner

Founding partner. Advised international clients in Corporate Restructuring, M&A, and Strategic Alliances.

Hendro Santoso

Partner

Founder of Trust Capital. Over 12 years’ experience in financial advisory, corporate finance, and M&A.

Peter Irawan Chandra

Partner

Over 35 years of experiences. Independent commissioner of PT Mizuho Balimore Finance and PT Surya Semesta Internusa Tbk.

Dahlia Kusumawardhani

Director

Seasoned investment banker with over 10 years experience. Earned a Master of Management from Universitas Prasetiya Mulya.

Credentials

Our resources have an extensive and strong experience in financial advisory business.

Mergers & Acquisitions

  • Divestment of Intan Group to Siam Cement Group Thailand
  • Divestment Advisory of PT Lintas Marga Sedaya to Saratoga and SSIA
  • Acquisition advisory of Herald Resources for PT Antam

Fund Raising

  • Fund Raising for Kredit Pintar (Finance Technology)
  • Fund Raising for Alila Group (Boutique Hotel and Water Park)
  • Fund Raising for Elnusa Group (Oil and Gas)

Corporate & Debt Restructuring

  • Strategic Advisory to Inalum, Badan Otorita Asahan
  • Corporate Restructuring to PT Tambang Batubara Bukit Asam Tbk
  • Debt Restructuring to Surabaya Agung Pulp and Paper