KKR completes Intelligence acquisition in Japan
Kohlberg Kravis Roberts & Co. has signed a definitive agreement for the buyout of Intelligence Ltd., the recruitment services subsidiary of Tokyo-based cable broadcaster and media content provider Usen, for JPY32.5 billion ($358 million), with both parties expecting to complete the deal by end July 2010.
Shusaku Minoda, Managing Director of KKR and Chief Executive Officer of the firm’s Japan operations, commented on the agreement, saying that further growth of the recruitment sector is also expected...
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.