Investment Summary

JEN Partners Exits Boston Financial Investment Management

On July 8, 2016, Orix invested in financial services company Boston Financial Investment Management from JEN Partners

Investment Highlights
  • This is Orix’s 3rd transaction in the Financial Services sector.
  • This is Orix’s 1st transaction in the United States.
  • This is Orix’s 1st transaction in Massachusetts.

Investment Summary

Date 2016-07-08
Target Boston Financial Investment Management
Sector Financial Services
Investor(s) Orix
Sellers(s) JEN Partners
Deal Type Add-on Acquisition

Target

Boston Financial Investment Management

Boston, Massachusetts, United States
Boston Financial Investment Management L.P. is a provider of low income housing tax credit industry.

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Investor(S) 1

Investor

Orix

Tokyo, Japan

Category Company
Founded 1950
Sector Financial Services
Employees33,982
Revenue 1.83T JPY (2025)
DESCRIPTION

Orix is a financial company engaged in financing, leasing and financial instrument selling. The Maintenance Leasing segment provides automobile leasing service, car renting, measuring equipment leasing. Orix was founded in 1950 and is based in Tokyo, Japan.


DEAL STATS #
Overall 8 of 15
Sector: Financial Services M&A 3 of 5
Type: Add-on Acquisition M&A Deals 6 of 9
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-15 Cosmolife Co.

Kakogawa, Japan

Cosmolife Co. Ltd. is a producer and distributor of spring water. Cosmolife's water delivery business is conducted under the brand name of "Cosmo Water." Cosmo Water offers different spring water with different mineral content bottled from three famous springs in Japan.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-24 Nevada Valley Solar Solutions II

Nevada, United States

Nevada Valley Solar Solutions II LLC is a provider of renewable energry services in US.

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Seller(S) 1

SELLER

JEN Partners

New York, New York, United States

Category Private Equity Real Estate
Founded 2005
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

JEN Partners is a real estate private equity firm that makes investments in real estate development projects and operating real estate companies. Specific areas of interest include homebuilding, public storage, industrial/office, brokerage, land entitlement, senior care residences, medical offices, construction services, building product suppliers, and hotels. JEN prefers opportunities located in North America and can commit up to $25 million of equity per transaction. JEN Partners was formed in 2005 and is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-01 Antera Development

Scottsdale, Arizona, United States

Antera Development is a developer of urban projects and is funded by New York based JEN Partners, a leading investor in residential communities. JEN and it principals have invested in excess of three billion dollars in real estate holdings throughout the United States. Antera Development is based in Scottsdale, Arizona.

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