Bain makes part-exit as Japan's Bellsystem24 goes public
Bain Capital has made a partial exit from Bellsystem24 as the Japan-based call center business raised JPY48.1 billion ($391 million) through an IPO. The company plans to broaden its service offering and expand into Southeast Asia.
Bellsystem24 sold approximately 32.5 million shares - including 3.1 million new shares - at JPY1,478 apiece. The stock opened flat and was at JPY1,405 as of mid-afternoon trading on November 20. Bain exited...
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