Japan
Longreach buys Japan healthcare SaaS player
North Asia buyout specialist The Longreach Group has invested an undisclosed sum in Wellness Communications Corporation (WCC), a Japanese healthcare software-as-a-service (SaaS) provider.
JIP wins board approval for $15b Toshiba buyout
The board of Toshiba Corporation has approved a tender offer from Japan Industrial Partners (JIP) that values the company at approximately JPY 2trn (USD 15.3bn).
Polaris picks up Japan advertising, recruitment assets
Polaris Capital Group has acquired Sendenkaigi, which claims to be Japan’s leading publisher of marketing and communications-related content, as well as its recruitment-focused subsidiary.
Japan's Aspirant announces third exit in three weeks
Aspirant Group has sold Japan’s only offshore drilling contractor, Japan Drilling (JDC), to JX Nippon Oil Exploration Corporation for an undisclosed sum, marking its third exit in as many weeks.
Japan's Anri leads $27m round for start-up lending platform
Japanese venture capital firm Anri has led a JPY 3.6bn (USD 27m) Series D round for local start-up lending platform Funds.
Japan's Keio Innovation targets $109m for Fund III
Keio Innovation, a VC arm of Keio University, is aiming to raise JPY 15bn (USD 109.2m) for its third fund, more than its first two vintages combined.
Japan construction software supplier gets $8.5m
Japan’s Ballas, a software provider focused on metals procurement for the construction industry, has raised an approximately JPY 1.2bn (USD 8.5m) round led by Global Brain.
NIC buys Japan dental consultancy, Jafco exits
Japanese private equity firm Nippon Investment Corporation (NIC) has acquired 100% of local dental industry services provider Medical Support Consulting, facilitating an exit for Jafco.
AVCJ Awards 2022: Exit of the Year – Small Cap: CosmoLife
When selling CosmoLife, Advantage Partners prioritised strategics with existing customer bases that could help the Japanese drinking water company in its next chapter. This coincided with a healthy valuation
Investcorp opens Japan office
Investcorp has opened a Tokyo office to serve as a staging post for direct private equity and real estate investments Japan.
Japan enterprise blockchain supplier LayerX raises $40m
Japan’s LayerX, an enterprise technology supplier that incorporates blockchain into functions such as expense management, has raised JPY 5.5bn (USD 40m) from a mostly local VC syndicate.
Japan's Astroscale raises $76m Series G
Japan’s Astroscale, a start-up specialising in on-orbit space debris removal, has raised USD 76m in Series G funding featuring Mitsubishi Corporation.
AVCJ Awards 2022: Operational Value-add: Owndays
L Catterton’s investment in Japanese eyewear brand Owndays demonstrated a hands-on approach to sharing commercial networks, expertise in omnichannel scaling, and operating capabilities
JIP submits buyout offer for Toshiba
Toshiba Corporation has confirmed the receipt of an acquisition proposal from Japan Industrial Partners (JIP), a local private equity firm best known for its expertise in corporate carve-outs.
Advantage exits Japan dental supplier to local strategic
Japan’s Advantage Partners has agreed to sell Dental Holding, a local dental industry equipment distribution company, to Askul, an office equipment supplier, after a 2.5-year hold.
Japan's Baseconnect gets $41m Series B
Japanese corporate contact and recruitment database provider Baseconnect has raised a JPY 5.4bn (USD 41m) Series B round led by Z Venture Capital (ZVC), formerly YJ Capital.
Carlyle launches tender offer for Japan's Iwasaki Electric
Iwasaki Electric, a Japanese lighting solutions provider that has worked on projects ranging from sports stadiums to hospitals, is set to be acquired by The Carlyle Group through a tender offer at a valuation of JPY 34.9bn (USD 266m).
Japan's Global Brain, Meiji Yasuda launch $39m VC fund
Japan’s Global Brain has further extended a string of corporate VC partnerships, teaming up with Meiji Yasuda Life Insurance to launch a JPY 5bn (USD 39m) fund.
MBK buys Japan aged care business
MBK Partners has acquired Unimat Retirement Community (URC), a Japan-based company that primarily provides in-home and residential nursing care services.
Japan's JGIA targets Wow World take-private
Japan Growth Investments Alliance (JGIA) has won board approval from Tokyo-listed Wow World Group for a take-private that values the business communications technology provider at JPY 6bn (USD 46.4m).
Orchestra to launch debut Korea, Japan blind pool fund
Orchestra Private Equity, a Korea and Japan-focused manager that has to date operated on a deal-by-deal basis, plans to launch its first blind pool fund later this year.
Bain targets $236m buyout of Japan's Impact HD
A Bain Capital-backed take-private of Japanese one-stop field marketing services provider Impact HD, which values the company at approximately JPY 30.7bn (USD 236.3m), has won board support.