The Longreach Group Limited
Longreach buys another Japanese coffee shop chain
The Longreach Group has made its second foray into Japan’s coffee shop space with an agreement to acquire Chat Noir, operator of more than 190 stores nationwide, primarily under the Caffe Veloce brand.
The crystal ball: Predictions for 2020
Industry experts weigh in as a range of macro factors promise to reshape markets across the region. Political, demographic, and scientific variables loom large
PE & QSR: Ambition on a bun
Many private equity investors think they can make a fast buck from fast dining, but rolling out a Western-style brand in Asia requires discipline on valuation and competence in execution
Deal focus: Longreach secures swift return from Japan's NOC
The Longreach Group exits Nippon Outsourcing Corporation with a 2.7x return after strong domestic interest in Japan's demographics-driven BPO industry led to a shorter-than-expected holding period
Japan secondary buyouts: Between friends
Negative perceptions and local sensitivities have stymied the development of secondary buyouts in Japan. International GPs – plus some of their domestic peers – have the firepower to drive change
Profile: Ernest Higa
From lumber to fast food, Ernest Higa has found a market for US concepts in Japan. The entrepreneur – and oftentimes private equity collaborator – believes careful customization is the key to success
Fund focus: Back on the map
The Longreach Group has leveraged rising appetite for exposure to Japan’s middle market with a $650 million close for its latest buyout fund. Increased global participation contributed to the result
Longreach agrees Hong Kong medical devices buyout
The Longreach Group has announced the third investment from its recently closed third mid-market buyout fund, with an agreement to acquire contract development and manufacturing organization (CDMO) Quasar Engineering.
Longreach closes latest buyout fund at $650m
The Longreach Group has reached a final close of $650 million on its third North Asia-focused mid-market buyout fund.
Longreach promotes Takuya Sato to partner
The Longreach Group, a mid-market North Asia buyout firm that has a particular focus on Japan, has promoted Takuya Sato (pictured) to partner.
Japan PE outlook: Slow and steady
GPs have built strong ties with corporate Japan by demonstrating value-add capabilities. These networks should serve them well as the market becomes more active
Longreach to buy majority stake in Japan's Fujitsu Component
The Longreach Group has agreed to acquire a majority stake in Fujitsu Component from its parent company and will launch a tender offer to buy the business outright at a valuation of JPY13.7 billion ($123.6 million).
Japan outbound M&A: Looking for growth
Unable to find growth at home, Japanese companies are looking for it overseas. Private equity investors can be helpful in everything from execution to integration, provided they can prove their credentials
Longreach to exit Japanese mobile content platform
The Longreach Group has agreed to sell Japanese mobile content provider Cybird to Aeria, a listed online gaming platform, for JPY7 billion ($64 million).
Deal focus: Longreach finds its magic beans
Having acquired Japanese coffee shop chain Kohikan, The Longreach Group now hopes to build the family-owned business into a player capable of rivaling the national leaders
Longreach to buy Japanese coffee shop business
The Longreach Group has finalized the first investment from its third fund with an agreement to buy Japanese coffee shop chain Kohikan Corporation.
Japan consumer: Beyond borders
Private equity investors see an opportunity in taking advantage of the popularity of Japanese brands in other Asian markets. Making these strategies work requires patience and a tolerance for risk
Japan carve-outs: Chips off the block
Divestment activity by Japanese conglomerates is finally translating into meaningful private equity deal flow, but unwinding people and assets from longstanding parents presents execution challenges
VIDEO: Mark Chiba, The Longreach Group
Mark Chiba, group chairman & partner of The Longreach Group, discusses mid-market buyouts in North Asia
Longreach achieves first close on North Asia buyout fund
The Longreach Group is understood to have reached a first close of approximately $200 million on its third North Asia-focused mid-market buyout fund, which has a particular focus on Japan. The full target is $650 million.
AVCJ Awards 2016: Deal of the Year - Mid Cap: Wendy's Japan
Keen to leverage growth in fast-casual dining, The Longreach Group realized a rare inroad into Japan’s chain restaurant space by pairing Wendy’s with local operator First Kitchen
Portfolio: The Longreach Group and Primo Japan
The Longreach Group bought Primo Japan last year to bring its bridal jewelry focus region-wide. China expansion is the first step toward the company’s Asian leadership
GPs see the Asia risk premium narrowing - AVCJ Forum
Private equity investors still expect a risk premium in Asia, although given uncertainty in Western markets and the relative stability in Asia’s more mature economies, it is debatable how long the status quo will last, industry participants told the...
Corporate carve-outs: Who's selling?
Certain markets in Asia represent a target-rich environment for corporate carve-outs, but private equity firms must be patient in waiting for deals to emerge