COLLECTION
Japan MBOs

Japan MBOs
Insights on Japanese MBOs

163
Insights
79.0k
Views
20
Followers
bullishTrancom Co Ltd
17 Sep 2024 22:07

Trancom (9058) - Another Bain MBO Done Too Cheaply Where "Activist" Dalton Rolls In To The Bid

Trancom provides logistics optimisation services to customers and logistics operators, plus logistics-related sites. Quite niche. The Founder/Bain...

Logo
625 Views
Share
bullishTrancom Co Ltd
17 Sep 2024 19:38

Trancom (9058 JP): Bain-Sponsored MBO at JPY10,300

The offer represents an all-time high but is lower than the IFA’s midpoint DCF valuation and implies multiples below precedent transaction...

Logo
394 Views
Share
bearishJoban Kosan
10 Sep 2024 22:15

Joban Kosan (9675) - Fortress Buys Out a Fukushima Tourism Asset

Fortress is buying out a hotel/tourism asset with a bunch of odds and ends attached, at probably too-low a price. Book is overly depreciated....

Logo
439 Views
Share
bullishFuji Soft Inc
08 Aug 2024 00:07

Fuji Soft (9749 JP): A Rumoured KKR-Sponsored MBO

Reports by two reputable media outlets suggest that the privatisation proposal is real. The rumoured offer represents an all-time high and a...

Logo
326 Views
Share
bullishS Line Co Ltd
25 Jun 2024 11:16

S Line (9078 JP) TOB/MBO at 0.57x Book - Wrong Price by Far but Only AGGRESSIVE Activism Blocks It

S Line's MBO at 0.57x book is VERY low compared to other recent deals in logistics space. Embarrassingly so. I noted it needed aggressive activism...

Logo
514 Views
Share
x