PRINT THIS PAGE Japanese Advantage Partners closes third buy-out fund at Y46.5bn26/07/2004. Source: AltAssets. 
 Japanese private equity firm Advantage Partners has announced the final close of its third buy-out fund with Y46.5bn of commitments. The fund will invest between Y2bn and Y5bn in 12 to 15 companies.
The fund has already invested in the consolidation of two salt firms last November and in WingArc Technologies, a sales and support company for business software packaging last March, according to a report by Reuters.
Advantage Partners was founded in 1992 and considers itself to be Japan's oldest buy-out firm. The team specialises in taking majority stakes in mid-market firms with sales of between Y5bn and Y50bn a year.
Copyright © 2004 AltAssets
|
