M&A Deal Summary

Asahi Life Acquires NHS Insurance Group

On January 6, 2021, Asahi Life acquired insurance company NHS Insurance Group from J-STAR

Acquisition Highlights
  • This is Asahi Life’s 1st transaction in the Insurance sector.
  • This is Asahi Life’s 1st transaction in Japan.

M&A Deal Summary
Date 2021-01-06
Target NHS Insurance Group
Sector Insurance
Buyer(s) Asahi Life
Sellers(s) J-STAR
Deal Type Add-on Acquisition

Target

NHS Insurance Group

Tokyo, Japan
NHS Insurance Group is an insurance agency business and insurance solicitation business cover insurance policies in the third sector insurance, such as medical insurance, cancer insurance and care insurance. NHS Insurance Group was founded in 2012 and is based in Tokyo, Japan.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Asahi Life

Tokyo, Japan
Category Company
Founded 1888
Sector Insurance
DESCRIPTION

Asahi Life is a Japanese insurance company. Asahi Life was founded in 1888 and is based in Tokyo, Japan.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Japan) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

J-STAR

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 2006
PE ASSETS 300M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

J-STAR is a private equity and asset management firm focused on acquisitions of small to mid-sized Japanese companies. The Firm does not have any sector preferences and generally looks to commit JPY 1 to JPY 3 billion per transaction. J-STAR was established in 2006 and is headquartered in Tokyo.

DEAL STATS #
Overall 4 of 10
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 3 of 7
Country (Japan) 4 of 10
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Genex

Nagoya, Japan

Genex is a distributor of generic drugs within pharmaceutical product wholesale business sector. Genex was founded in 2009 and is based in Nagoya, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-14 Esco

Tokyo, Japan

Esco is a solution provider of energy saving optimization through introducing products and services. Esco was founded in 2005 and is based in Tokyo, Japan.

Sell -
Mergr

Product

Company

Legal