M&A Deal Summary

CLSA Capital Partners Acquires Assist

On June 26, 2020, private equity firm CLSA Capital Partners acquired internet software and services company Assist

Acquisition Highlights
  • This is CLSA Capital Partners’ 1st transaction in the Internet Software and Services sector.
  • This is CLSA Capital Partners’ 10th transaction in Japan.

M&A Deal Summary

Date 2020-06-26
Target Assist
Sector Internet Software and Services
Buyer(s) CLSA Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Assist

Tokyo, Japan
Assist is an online solution provider to daily household problems connecting service vendors with customers via its proprietary platform. Assist, Inc. has steadily expanded its business and currently provides solutions to 24 different household issues including plumbing, electrics, lawn mowing, and house cleaning. Assist was founded in 2013 and is based in Tokyo, Japan.

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Buyer(S) 1

Buyer

CLSA Capital Partners


Category Private Equity Firm
Founded 1986
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

CLSA Capital Partners is a global alternative investment and asset management firm focused on a variety of investment strategies. Within private equity, CLSA manages ARIA Investment Partners, an Asian investment partnership focused on growth and expansion stage investing. Sectors of interest include food/beverages, healthcare/wellness, leisure, and consumer technology. The Group will consider opportunities throughout Southeast Asia and seeks to commit $10 to $80 million per transaction. ClSA Capital Partners is based in Hong Kong.


DEAL STATS #
Overall 29 of 40
Sector: Internet Software and Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 5 of 16
Country: Japan M&A 10 of 21
Year: 2020 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-04 Earth Technology

Tokyo, Japan

Earth Technology is a provider of high quality bilingual IT services through its bilingual engineers under its corporate slogan, “English × IT Drives Business Growth”. Earth Technology was founded in 2013 and is based in Tokyo, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-14 Worldplus

Osaka, Japan

Worldplus is an operator of 125 24/7 fitness clubs specialized in exercise machines and branded World+ across Japan. Worldplus’s business has rapidly grown through a franchise that provides members with an attractive and reasonably priced fitness environment with an extensive selection of exercise machines, as well as facilities and amenities. Worldplus was founded in 2017 and is based in Osaka, Japan.

Buy -