News
Sale of Shares of KAZAKA Securities
2013.08.01
Advantage Partners, LLP (“AP”) announced today that Kazaka Financial Group Co., Ltd. (“KFG”), a portfolio company of funds served by AP (Fund III), has reached an agreement to sell all shares of KAZAKA Securities to NAITO Securities Co., Ltd. as detailed below.
Details of Transaction:
(1) Securities Sold: 100% of outstanding stock of KAZAKA Securities (679,333,701 shares; KFG ownership post sale will be 0%)
(2) Buyer: NAITO Securities Co., Ltd.
(3) Share Sale Date: August 1, 2013
About KAZAKA Securities
- Location
Nihonbashi, Tokyo Japan - Date Established
March 31, 1944 - Business Description
Securities Firm - Shareholders’ Equity
JPY1 billion
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Teams Involved
PORTFOLIO
KAZAKA Financial Group
Current and Former Portfolio Company Details
KAZAKA Financial Group
- Name of company
- KAZAKA Financial Group Co., Ltd. / NAITO Securities Co., Ltd.
- Investment date
- December 2006
- Type of company
- Subsidiary of a large company
- Background
- Part of business reorganization for maximizing parent company shareholder value.
- Fund
- MBI Ⅲ
- Product
- Japan Buyout
- Case Types
- Carve-out
- Industry
- Finance
- Status
- Exited
Responsible Team
Related NEWS
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