M&A Deal Summary |
|
|---|---|
| Date | 2020-12-24 |
| Target | Japan Systems |
| Sector | Software |
| Buyer(s) | Longreach Group |
| Sellers(s) | DXC Technology |
| Deal Type | Divestiture |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
The Longreach Group is an independent private equity firm focused on opportunities in Japan and North Asia. The Firm looks to invest as a control or minority investor in businesses operating in the technology, industrial, financial services, business services, and consumer-related sectors. Longreach targets transactions valued from $50 million to $1 billion where the Firm can invest from $30 million to $200 million. The Longreach Group was formed in 2003 and has offices in Tokyo and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 21 |
| Sector (Software) | 1 of 1 |
| Type (Divestiture) | 8 of 8 |
| Country (Japan) | 14 of 17 |
| Year (2020) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-08 |
C-United
Tokyo, Japan C-United is a coffee shop chain brand, operating more than 190 stores across Japan mainly under the brand of “Caffè Veloce”, a self-service style cafe. C-United was established in 1965 and is based in Tokyo, japan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-28 |
Primo Japan
Tokyo, Japan Primo Japan provides production and retail of semi-customized bridal jewelry, including engagement rings and wedding rings. The Company operates three brands, I-PRIMO, Lazare Diamond and SELEXIA, and has a total of 88 stores in Japan (76 stores), Taiwan (10 stores) and Hong Kong (2 stores). Primo Japan was established in 1999 and is based in Tokyo, Japan. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1959 |
| Sector | Information Technology |
| Employees | 130,000 |
| Revenue | 13.7B USD (2024) |
DXC Technology is an end-to-end IT services company, serving nearly 6,000 private and public sector clients from a diverse array of industries across 70 countries. The company's technology independence, global talent and extensive partner network help clients harness the power of innovation to thrive on change and guide their digital transformation journeys. DXC Technology was founded in 1959 and is based in Ashburn, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 12 |
| Sector (Software) | 1 of 2 |
| Type (Divestiture) | 9 of 11 |
| Country (Japan) | 1 of 1 |
| Year (2020) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-20 |
DXC Technology - Healthcare Provider Software Business
Virginia, United States DXC Technology Co.'s Healthcare Provider Software Business is an open digital health platform that helps improve care outcomes by delivering contextual and actionable insights across the healthcare ecosystem. |
Sell | $525M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-06 |
Fixnetix
London, United Kingdom Fixnetix, Inc. is a managed service provider and international technology vendor, supplying outsourced services for ultra-low latency trading, market data, hosting, infrastructure connectivity, and risk management to prominent investment banks, hedge funds, proprietary trading groups, startups, and exchanges worldwide. Fixnetix Ltd. was founded in 2006 and is based in London, United Kingdom. |
Sell | - |
