Sukesan operates a regional udon noodle restaurant chain with an unrivaled presence across Kitakyushu City and surrounding areas. Leveraging experiences accumulated from investing in restaurant businesses, Unison supports Sukesan’s growth from accelerating new store roll-outs through the implementation of an enhanced governance structure, along with industry-specific best practices. Invested in March 2018. (Fund IV)
Forbes is a mid-sized hotel and restaurant operator, operating 24 limited-service hotels and six restaurants across Japan. Unison supports Forbes’ growth to be a leading limited-service-hotel operator within the mid-priced segment. Invested in December 2017. (Fund IV)
Community Healthcare Coordination Platform, Inc. (CHCP) is a roll-up platform for healthcare providers. The immediate focus of CHCP’s business is the consolidation of community pharmacies in Japan. Invested in September 2017. (Fund IV)
Dinamix operates multibrand restaurants mainly in Kansai area. Dinamix aims to increase opening restaurants mainly in the Tokyo metropolitan area by enhancing recruiting and retention through workplace reforms. Seller, the founder of the business remains CEO and the minority shareholder to realize its growth. Invested in June 2017. (Fund IV)
LTL Pharma, a wholly owned subsidiary of Japan Established Medicine Corporation, is a pharmaceutical platform specializing in the acquisition and stable supply of off-patent, long listed products (“LLPs”). Business alliances enable LTL Pharma to efficiently supply its products through a lean operating structure. Invested in April 2017 (Fund IV). Purchased 16 LLPs from Astellas Pharma Inc. and actively seeking opportunities to expand its product portfolio through add-on acquisitions. (Fund IV)
Yuko Yuko provides accommodation booking service to elderly customers through its catalog and website. Yuko Yuko aims to expand its business horizon beyond the booking service and evolve into a senior marketing platform serving the comprehensive travel and lifestyle needs of the growing elderly population in Japan. Shares acquisition from Recruit Holdings by a consortium consisting of Unison Capital, Fukuoka Capital Partners, Shizuoka Capital and Dentsu Corporation. Invested in August 2016. (Fund IV)
Ken Depot is the leading retailer and distributor of construction materials and tools for professionals. Ken Depot operates 64 stores across Japan and with 600,000 members. Joint investment with LIXIL Group, the former parent company of Ken Depot. Invested in October 2015 and sold to Kohnan Shoji Co.,Ltd. in June 2019. (Fund IV)
AYUMI is a specialty pharmaceutical company focused on Rheumatism and Orthopedics. AYUMI was established through acquiring Santen Pharmaceutical’s anti-Rheumatism division in 2015, followed by the acquisition of Showa Yakuhin Kako’s medical business in 2015. Invested in August 2015 and sold to Blackstone in April 2019. (Fund III)
Unison Capital, together with the Development Bank of Japan, supported Dexerials establish independence from Sony group, its former parent company. Unison supported Dexerials’ new growth phase by capturing new demand for smartphones and tablet PCs. Invested in September 2012 and exited through IPO in July 2015, followed by sale of remaining ownership in March 2016. (Fund III)
Unison Capital acquired Nexcon Technology through management buyout (MBO) along with the founder/CEO. Unison de-listed the company through the investment process in July 2012 and sold to private investor in December 2018. (Fund III)
Showa Yakuhin Kako is a manufacturer of medicines such as dental anesthetics. Unison Capital supported Showa Yakuhin Kako enhance strategic value of its business through business separation. Invested in June 2012 and sold to GC Corporation in September 2016. (Fund III)
Asahi Tec is a manufacturer of iron and aluminum die cast automotive parts. Unison supports Asahi Tec with capturing new growth opportunities in Asia through expansion of its manufacturing base in the region. Invested in April 2012 and sold to Topy Industries, Ltd. in May 2018. (Fund III)
Minit Asia Pacific is an operator of repair service including shoe repair and key duplication. Unison supported the management’s plan to expand operations across Japan, Oceania and Asia. Invested in December 2011 and sold to Aoyama Trading Co., Ltd. in December 2015. (Fund III)
Unison Capital, together with H.C.B.C. Enterprises Limited, sponsored a management buyout of Enoteca. Unison Capital supported Enoteca’s growth by strengthening its management team, as well as its corporate infrastructure. Invested in March 2011 and sold to Asahi Breweries, Ltd. in March 2015. (Fund III)
Unison Capital acquired IDERA through a take-private following a capital injection. Unison supported IDERA’s growth strategy to ultimately become a leading real estate asset management firm in Japan. Invested in April 2010 and November 2011, and sold to Fosun Group in May 2014. (Fund III)
Unison Capital acquired Cosmos Life from Cosmos Initia, its former parent company. While maintaining a close business relationship with Cosmos Initia, Cosmos Life pursued further growth on the back of industry consolidation. Invested in February 2009 and sold to Cosmos Initia in September 2009. (Fund II)
A buyout of the world's largest satellite communication service provider led by British investment firm BC Partners. Unison took part in business development in Asia as a co-investor. Invested in February 2008, and sold to a secondary fund managed by Ant Capital Partners in April 2017. (Fund II)
Unison acquired Akindo Sushiro through a take-private following a capital injection. Unison supported the company through providing additional management resources to achieve its goal to become the #1 revolving sushi chain operator. Invested in September 2007 and November 2008, and sold to Permira in September 2012. (Fund II)
Unison Capital acquired a minority stake in UCOM in March 2007, followed by the acquisition of a controlling interest through acquiring the former parent company’s remaining ownership. UCOM merged with Marubeni Access Solutions Inc. in February 2014. Invested in March 2007 and sold to CVC Capital Partners in November 2014. (Fund II)
A management buyout from Toshiba, sponsored by Unison Capital and the Carlyle Group. Unison supported the company with divesting its silicon-wafer business, as well as structural reform and new business development. Invested in December 2006 and sold to CoorsTek, Inc. in December 2014. (Fund II)
Unison, together with Advantage Partners and MKS Partners, took over operations at Kracie from the Industrial Revitalization Corporation of Japan, with the aim of helping the company realize its growth potential. Invested in January 2006 and exited to Hoyu Co., Ltd. in March 2012. (Fund II)
Cosmos Initia was divested from the Recruit group, its former parent company, through a management buyout. Unison supported the company in pursuing long-term growth and establishing independence from the Recruit group. Invested in June 2005 and filed for ADR process in September 2009. (Fund II)
Unison Capital acquired Drug Eleven through a capital injection to resolve its balance sheet issues. Unison also supported Drug Eleven through strengthening its management team by external recruiting. Invested in September 2003 and sold to Polaris in April 2006. (Fund I)
Tacmic SP is a manufacturer of plastic molded products. A management buyout conducted in partnership with Unison enabled Tacmic SP to reorganize domestic R&D and overseas manufacturing operations. Invested in June 2003 and sold to ARRK Corporation in November 2003. (Fund I)
Unison acquired Tohato under civil rehabilitation procedures. Tohato increased capital spending and created a transparent management structure after Unison's investment, becoming one of the most profitable companies in the industry. Invested in May 2003 and exited to Yamazaki Baking Co., Ltd. in July 2006. (Fund I)
ASCII is a PC and video game-related publisher. Unison Capital helped ASCII focus management resources on core businesses and create synergies with Enterbrain. Invested in March 2002 and sold to Kadokawa group in March 2004. (Fund I)
Kiriu gained independence from Nissan Motor Co.. Ltd, its former parent company, through a management buyout sponsored by Unison Capital. The buyout enabled the company to enter the U.S. market and strengthen marketing efforts targeting automakers other than Nissan. Invested in December 2001 and sold to Sumitomo Corporation in July 2004. (Fund I)
Mine-Mart became the first company in Japan to be taken private through a tender offer by a private equity fund. In partnership with Unison, the company acquired other liquor chains and took additional steps to expand operations in an industry undergoing rapid deregulation. Invested in September 2000 and sold to Japan Asia Holdings Limited in October 2005. (Fund I)
Orient Credit is a provider of consumer finance services, focused on female customers. Unison helped Orient Credit to strengthen its management resources and diversify fund-raising channels. Invested in June 2000 and July 2001, and sold to GMO Internet, Inc. in September 2005. (Fund I)
Rosen Food is a leading specialty cheese processor in the Korean market with a diversified sales channel. Unison is planning on improving Rosen Food’s sales function and manufacturing productivity through institutionalization of operations, additional acquisition of managerial talent, and implementation of effective governance. (Unison Capital PEF)
Leading distributor of health supplements with dominant position in the maternity and children segments in Korea. Based on a widespread distribution network of over 6,000 accounts, the company operates a strong product development platform with over 70 product offerings. Through institutionalizing company operations and governance, Unison supports continued expansion of the sales network and successful marketing of valuable consumer products. Invested in April 2017.
Market leader in space and facility services in Korea. Under the brand name “TOZ,” P2P operates nearly 300 centers to service group meetings, shared office users and premium study center users. Through implementation of a systematic governance structure, Unison supports growth through new store openings, store sales improvements, operational efficiency enhancements, and realization of new business opportunities. Invested in December 2016.
Leading importer and distributor of premium European food materials with a dominant position in the premium cheese segment in Korea. Unison supports Gourmet F&B’s channel expansion and product diversification through institutionalization of operations, managerial talent infusion, and implementation of effective governance. Invested in September 2016 and sold to LF in September 2017.
Korea's largest chained wedding hall operators and service providers under the brand names “The Chapel,” “LaCucina,” and “Apelgamo.” Unison supports growth through new hall roll-outs, adjacent businesses expansion, and realizing operational synergies. Investments in Umoment and Apelgamo were completed in March 2016 and July 2016, respectively.
Leading global tea chain retailer with over 1,400 stores in operation. Unison initially invested in Gong Cha Korea and supports the master franchisee’s regional growth and operational efficiency enhancements through institutionalization of the organization. Also, through facilitating Gong Cha Korea’s follow-on investment in Royal Tea Taiwan (global Gong Cha brand owner), Unison supports Gong Cha’s global expansion through building an integrated brand identity and maximization of cross-regional synergies. Investments in Gong Cha Korea and Royal Tea Taiwan were completed in October 2014 and January 2017, respectively.