
Strategic advisory connecting European, American, and Asian markets through precision-crafted M&A transactions and capital solutions.
Furnace Capital is a cross-border M&A advisory firm specializing in transactions that bridge Europe, the United States, and Asia.
Founded by professionals with deep experience at leading investment banks and sovereign funds, we bring institutional-grade expertise to mid-market transactions. Our team has executed deals spanning IPOs, joint ventures, spin-offs, and strategic acquisitions across multiple continents.
We operate from Shanghai, New York, Boston, and Helsinki, with established networks across North America, Europe, and Asia. Our approach combines rigorous financial analysis with deep cultural understanding — the essential ingredients for successful cross-border transactions.


Full-spectrum sell-side representation for European and American companies seeking strategic acquirers or financial sponsors in Asian markets, and vice versa.
Target identification, valuation, due diligence coordination, and negotiation support for cross-border acquisitions across industrial, technology, and consumer sectors.
Structuring and executing capital raises, spin-offs, joint ventures, and de-SPAC transactions tailored to cross-border requirements.
Integration management consulting for multinational enterprises after cross-border acquisitions — from organizational structure to cultural alignment.
We focus on sectors where cross-border transactions create the highest strategic value — industries undergoing global consolidation, technology transfer, or supply chain restructuring.
Selected representative transactions. Details are confidential and presented in aggregate to protect client interests.
FOUNDER & MANAGING PARTNER
Andy brings over 19 years of cross-border finance experience spanning Asia-Pacific and Europe. With 12 years at leading Asia-Pacific investment banks — progressing from trading, to IPO origination, to M&A execution — and 7 years managing investments at sovereign wealth funds and European private equity funds, he has operated at Managing Director and Chief Investment Officer level across multiple continents.
His career spans the full transaction lifecycle: proprietary trading, equity capital markets, cross-border mergers & acquisitions, and principal investing. He holds a Doctorate in Economics from Université Paris Dauphine — PSL and a Doctorate in Finance from the National Accounting Institute of China.
Whether you are exploring a strategic transaction, seeking market entry advisory, or evaluating cross-border opportunities — we are here to help.
Shanghai, China
New York, USA
Boston, USA
Helsinki, Finland