M&A Deal Summary

Kansai Electric Power Acquires TSS Co.

On March 2, 2016, Kansai Electric Power acquired semiconductors company TSS Co. from J-STAR Co.

Acquisition Highlights
  • This is Kansai Electric Power’s 1st transaction in the Semiconductors sector.
  • This is Kansai Electric Power’s 1st transaction in Japan.

M&A Deal Summary

Date 2016-03-02
Target TSS Co.
Sector Semiconductors
Buyer(s) Kansai Electric Power
Sellers(s) J-STAR Co.
Deal Type Add-on Acquisition

Target

TSS Co.

Sagamihara, Japan
TSS Co., Ltd. is a developer and manufacturer of print circuit boards, power electronics, in-vehicle lights, and specialty circuit boards using LED, such as large current boards and metal boards.

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Buyer(S) 1

Buyer

Kansai Electric Power

Osaka, Japan

Category Company
Founded 1951
Sector Utilities
Employees31,428
Revenue 4.34T JPY (2025)
DESCRIPTION

Kansai Electric Power is a provider of electric power, heat supply, gas supply to telecommunications, amenity services, and information industry. Kansai Electric Power was founded in 1951 and is based in Osaka, Japan.


DEAL STATS #
Overall 2 of 4
Sector: Semiconductors 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
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-05 Senoko Energy Pte.

Singapore, Singapore

Senoko Energy Pte. Ltd. is one of power generation company in the country. Senoko Energy owns and operates total generation capacity of 3,300MW, which constitutes about 32% of installed generation capacity in Singapore. Electricity generated by SPL is mainly supplied to customers through its wholly owned retail providers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-21 Odfjell Oceanwind

Kokstad, Norway

Odfjell Oceanwind develops floating foundation technology for offshore wind power turbines. The company provides solutions for the design, construction, and operation of floating foundations for offshore wind turbines. Odfjell Oceanwind was formed in 2019 and is based in Kokstad, Norway.

Buy -

Seller(S) 1

SELLER

J-STAR Co.

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 2 of 10
Sector: Semiconductors M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 7
Country: Japan M&A 2 of 10
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-05 Aisei Pharmacy

Tokyo, Japan

Aisei Pharmacy is a pharmacy services provider. Aisei Pharmacy is a wholesaler of generic drugs. Aisei Pharmacy was founded in 1984 and is based in Tokyo, Japan.

Buy $101M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-31 ASIRO

Tokyo, Japan

ASIRO is an operator of web media called "Gensen Bengoshi Navi Series" providing advertisement spaces to lawyers who have specialties in car accidents, divorce, inheritance, labor, penal offense, debt settlement, etc. ASIRO was founded in 2009 and is based in Tokyo, Japan.

Buy -