KKR in final talks with USEN for Intelligence
US private equity giant Kohlberg Kravis Roberts & Co. has outbid global rival the Carlyle Group and local private equity player Advantage Partners to go into the final round for the acquisition of Japan's Intelligence Ltd., the recruitment services subsidiary of USEN Corp., the leading Japanese newswire broadcasting major/media content provider.
USEN is currently facing business difficulties, and the sale of Intelligence is intended to help restore its financial health. In 2006, Intelligence acquired Gakusei Engokai Co., a recruitment information...
More on Buyouts
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.