Bain agrees Japan human resources carve-out
Bain Capital Private Equity has agreed to acquire 100% of the human resources (HR) business and related subsidiaries of Japan corporate software developer Works Applications for an undisclosed sum.
The carve-out, which has been estimated to be worth around $930 million, will result in the creation of a new company comprising Works Applications’ HR team and payroll software. Bain will help the business...
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