Baker Tilly was first established in Thailand in 1997 as Ferrier Hodgson (FH), an Australian insolvency specialist firm. This was driven by the demand for restructuring expertise following the Asian crisis. FH quickly became the leading insolvency advisor in Thailand, acting on many high profile assignments
By 2003 the Asian Crisis was effectively over and the senior management of FH arranged a management buyout. As part of the buyout, the brand was changed to Baker Tilly Corporate Advisory Services. Management then set out to broaden its services to include audit; accountancy; tax; and business consulting. Even the corporate services expanded from insolvency to cover M&A transactions; valuations; cross border transaction; etc.
A Baker Tilly office was established in Myanmar in 2012 to assist Thai companies looking to expand. Baker Tilly will also open a Laos office in 2019 for the same reason. In 2018 we domiciled permanent staff to service the Eastern Seaboard region of Thailand.
Baker Tilly Thailand continues to grow at a rapid rate and has been able to lead the market in a number of areas, including sales of Non-Performing Loans (NPLs) and advising on Industrial & Hotel REITs. Our recently established business consulting arm has grown rapidly and is servicing many Thai listed companies, advising process improvement and HR strategy.