CLSA completes exit from Japan cram school
CLSA Capital Partners (CLSA CP) has sold its remaining shares in Japanese cram school operator BC Ings to Eishinkan, a major player in the segment.
CLSA CP acquired a majority position in BC Ings in 2016 through its Sunrise II fund, which pursues buyouts of companies with enterprise valuations of JPY5-15 billion ($50-140 million). It sold a 20% stake...
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