M&A Deal Summary

Isetan Mitsukoshi Holdings Acquires Socie World

On December 8, 2016, Isetan Mitsukoshi Holdings acquired consumer services company Socie World from Polaris Capital Group

Acquisition Highlights
  • This is Isetan Mitsukoshi Holdings’ 1st transaction in the Consumer Services sector.
  • This is Isetan Mitsukoshi Holdings’ 1st transaction in Japan.

M&A Deal Summary

Date 2016-12-08
Target Socie World
Sector Consumer Services
Buyer(s) Isetan Mitsukoshi Holdings
Sellers(s) Polaris Capital Group
Deal Type Add-on Acquisition

Target

Socie World

Tokyo, Japan
Socie World operates aesthetic salons for middle to high-end female customers as well as hair salons, eye lash salons and sports clubs. Socie World was founded in 1960 and is based in Tokyo, Japan.

Search 214,503 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Isetan Mitsukoshi Holdings

Tokyo, Japan

Category Company
Founded 2008
Sector Retail
Employees8,921
Revenue 555.5B JPY (2025)
DESCRIPTION

Isetan Mitsukoshi Holdings engages in the department store business in Japan and internationally. The company is also involved in the sale of clothing, foodstuffs, daily goods, gifts, western wine and spirits, novelty goods, lifestyle goods and miscellaneous goods, etc. In addition, it offers credit card, and non-life and life insurance solicitation services; real estate rental; information system solutions and services; and personnel, education and training, distribution, and travel services. Isetan Mitsukoshi Holdings was founded in 2008 and is headquartered in Tokyo, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER
DESCRIPTION

Polaris Capital Group is a private equity firm focused on mid-sized opportunities throughout Japan. Polaris generally seeks manufacturing companies with competitive technologies/processes, but the Firm will also consider consumer goods, retail, logistics and other service based businesses possessing strong brands or unique business models with potential to expand. Prospective transaction situations of interest include business successions and corporate carve-outs. Polaris Capital Group was formed in 2004 and is headquartered in Tokyo.


DEAL STATS #
Overall 13 of 23
Sector: Consumer Services M&A 1 of 3
Type: Add-on Acquisition M&A Deals 6 of 10
Country: Japan M&A 13 of 23
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-20 Hivic

Saitama, Japan

Hivic is a manufacturer and seller of precut timber, sales of timber, building materials, housing equipment and others, sales of building components, and construction and sales of custom-build wooden houses. Hivic was founded in 1966 and is based in Saitama, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-13 Clean Surface Technology Co.

Tokyo, Japan

Clean Surface Technology Co. is a a manufacturer and seller of mask blanks to photo mask manufacturers in Japan and abroad which in turn will be used to manufacture various end products such as LCDs, semiconductor packages, touch panels and plasma display panels (PDP), enjoying a high market share.

Sell -