Purachate Manussiripen
Biography
Purachate joined Baker McKenzie in 2011 and became a partner in 2022. With more than a decade of experience, he handles a huge range of deals and transactions and has gained a deftness in complicated and strategic cross-border transactions such as mergers and acquisitions, joint ventures, private equity investments, corporate structures and restructurings, business integrations, real estate transactions and real estate private capital investment.
He was also instrumental in the establishment of Thailand's first real estate investment trust, Thailand's first offshore hospitality real estate investment trust and Thailand's first energy-related infrastructure fund, which have marked the significance in alternative fundraising in the Thai capital market.
Practice Focus
Purachate advises private equity firms, major multinational corporations and private capital clients on a wide range of corporate matters including complicated and strategic cross-border merger and acquisitions transactions for both public and private companies, private equity, joint ventures and strategic alliances, venture capital and significant minority investments, fund raisings, real estate private capital, and distressed M&A transactions.
Purachate also advises on corporate structures and corporate restructuring, corporate management and control, foreign direct investment, commercial agreements in consumer goods & retails, technology, industrial and manufacturing, and financial institution sectors. His expertise extends to real estate funds, real estate trusts and infrastructure funds.
Representative Legal Matters
- Advised one of Thailand’s most valuable startups and the leading e-Commerce platform with the acquisition of all entire issued shares in a prominent Thai point-of-sale (POS) system software for the food and beverage industry.
- Advised a US-based private equity firm in the acquisition of global mobility tax and immigration service business from one of the biggest audit and financial services firms in the world, including shareholding structures and joint venture and shareholders arrangements.
- Advised a US-based private equity firm in an acquisition and carve-out transaction of applied, food and enterprise services businesses of a discovery & analytical segment of a leading global corporation.
- Advised a Thai multinational conglomerate and one of the biggest retailers in Thailand, in the establishment of THB 10 billion baht private equity fund targeting hospitality and real estate investments in Thailand and across Southeast Asia, and the subsequent strategic real estate investments.
- Represented a Thai major power conglomerate in its expansion into the healthcare business through an acquisition of shares in a group of four companies in the pharmaceutical industry of which the main businesses include wholesale of drugs, manufacture, and sale of drugs, manufacture, and sale of food supplements, cosmetics, and medical devices and conduct of bioequivalence studies.
- Represented a UK life insurance operator with their entry into Thailand's asset management market, via the acquisition of 65% of total issued shares in an asset management company from a Thai financial institution and advised on distribution and post-merger integration matters.
- Advised one of the biggest Thai retailers on the intended acquisition of a large supermarket chain for its Thailand and Malaysia business comprising about 2,000 stores. The deal was carried out via a competitive bidding in what has become one of Asia's largest acquisitions in 2020.
- Represented a leading Thai media operator in the disposal of shares and termination of joint venture arrangements in an entertainment and media production, including the assignment and transfer of trademarks and rights in television programs.
- Represented an NYSE-listed multinational chemical companies in relation to merger, spin-off, application for investment promotion and integration of their agricultural, material sciences and specialty products businesses in Thailand.
- Advised clients in the establishment of the first publicly listed Real Estate Investment Trust (REIT), the first offshore hospitality REIT and the first energy-related infrastructure fund in Thailand.
Professional Honors
- “Rising star partner” in Corporate / M&A by IFLR1000 Asia Pacific (2024)
Professional Associations and Memberships
- Thai Bar Association
- Law Society of Thailand
Admissions
- Thailand (2012)
Education
- Harvard Law School (LLM) (2014)
- Chulalongkorn University (LLB First Class Honours) (2011)
Languages
- English
- Thai