Aspirant exits Japanese fish retailer to local strategic
Japanese middle market private equity firm Aspirant Group has sold Yamato, a local seafood company with interests stretching from fish wholesaling to conveyor belt sushi restaurants, to kitchen-wear supplier Tenpos HD.
The size of the transaction was not disclosed. Aspirant acquired Yamato in early 2017 through its second fund, which closed the same year on JPY 27.2bn (USD 192m). The firm typically targets businesses...
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