Makes & Partners




Established in 1993, Makes & Partners strives to provide high-quality services to Indonesian and international clients. The firm is actively involved in several high-profile capital markets, banking and finance, corporate and M&A, restructuring and insolvency, real estate, start-ups, fintech and divestmentstransactions. Fransisca is a key contact.

Client feedback

“Trustworthy and insightful.” – Capital markets

Iwan Setiawan

“Insightful, resourceful, respectful and well connected – both to the authorities and to the market.”

Corporate and M&A

Work highlights

Assisted Profesional Telekomunikasi Indonesia, one of the largest independent tower companies in Indonesia, on its $1.1 million acquisition of 94% of the shares in Solusi Tunas Pratama.

Key clients

Ajaib Teknologi Indonesia, Mandiri Cipta Gemilang, Royal Pacific Nusantara

Capital markets

Work highlights

Advised Mora Telematika Indonesia on its issuance and public offering of sukuk (Islamic bonds).

Key clients

Ciputra Development, Gajah Tunggal, LMIRT Capital, Profesional Telekomunikasi Indonesia

Banking and finance

Work highlights

Assisted Mandiri Cipta Gemilang to fund the sale and purchase of strata titles within Lippo Mall Puri.

Key clients

Ancora Fund II General Partner, Bank BTPN, Multipolar