Since its founding, Unison Capital has invested in a multitude of companies, primarily in the healthcare, consumer and B2B service sectors, in both Japan and Korea.

Sector

Healthcare

Company
Overview
CHCP Dental CHCP Dental
Service provider specializing in operational support for dental clinics. CHCP Dental provides Unison's portfolio dental clinics with growth and operational support by implementing optimal operational practices. Invested in June 2022.
CHCP Home Nursing CHCP Home Nursing
Operational platform for the acquisition and management of home-visit nursing service providers. As a holding company, CHCP Home Nursing consolidates home-visit nursing service providers, while optimizing and upgrading their operations and services and expanding into white spaces such as complications. Invested in March 2021.
Kyowa Pharmaceutical Industry Kyowa Pharmaceutical Industry
Leading specialty pharmaceutical company focused on CNS acquired from Lupin Group. Leveraging its expertise and ecosystem in the healthcare industry, Unison supported Kyowa’s expansion of its product portfolio to beyond drugs and improving patients’ quality of life. Invested in December 2019 and sold to J-Will Partners in March 2024.
CHCP Hospital Partners CHCP Hospital Partners
Service provider specializing in operational support for hospitals. CHCP Hospital Partners provides Unison’s portfolio hospitals with operational support by leveraging alliances with leading hospitals. Invested in July 2019 in conjunction with Unison’s first hospital investment.
CHCP Pharmacy CHCP Pharmacy
Operational platform for the acquisition and management of community pharmacies. As a holding company, CHCP Pharmacy consolidates small-scaled community pharmacies, while optimizing and upgrading their operations by building economies of scale. Invested in September 2017.
LTL Pharma LTL Pharma
Pharmaceutical company 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. Acquired 16 LLPs from Astellas Pharma in April 2017, and one LLP from Sanofi in August 2020.
AYUMI Pharmaceutical AYUMI Pharmaceutical
Specialty pharmaceutical company focused on Rheumatoid Arthritis and Orthopedics. Established through the acquisition of Santen Pharmaceutical’s Rheumatoid Arthritis business and Showa Yakuhin Kako’s medical business. Unison supported AYUMI’s growth by strengthening sales and marketing capabilities and expanding its product portfolio. Invested in August 2015 and sold to Blackstone in April 2019.
Showa Yakuhin Kako Showa Yakuhin Kako
Specialty pharmaceutical company focused on dental medicines. Acquired through a co-investment with GC Corporation. Unison supported Showa Yakuhin Kako in further solidifying its leading position by cultivating new businesses associated with home dentistry. Invested in June 2012 and sold to GC Corporation in September 2016.
Osstem Implant Osstem Implant
Global leading dental implant developer and manufacturer. Osstem Implant distributes dental implants and equipment to over 90 countries. Unison supports Osstem Implant's growth by strengthening governance and reinforcing its global expansion strategy. Invested in February 2023.
Medit Medit
Global leading dental 3D scanning solutions provider. Unison supported Medit’s growth by strengthening management, as well as R&D, sales & marketing functions, and manufacturing capabilities. Invested in December 2019 and sold to MBK Partners in March 2023, followed by a reinvestment in August 2023.

Consumer

Company
Overview
DAYTONA INTERNATIONAL's DAYTONA INTERNATIONAL's
Specialty apparel retailer. Headlined by the "FREAK'S STORE" brand, DAYTONA INTERNATIONAL's uniquely positioned brands enjoy strong support and loyalty from its customers. Unison supports DAYTONA INTERNATIONAL's growth across multiple channels by strengthening organizational management. Invested in April 2021.
All Hearts Company’s All Hearts Company’s
Bakery and confectionery brand operator. All Hearts Company’s brands are known for their unique concepts and positioning. Unison aims to support All Hearts Company’s growth both domestically and abroad by strengthening corporate infrastructure and branding, as well as accelerating store rollouts. Invested in December 2020.
PYURU PYURU
Manufacturer and distributor of cosmetics products with a focus on effective clean beauty. PYURU’s Rishiri Hair Color brand enjoys a leading position in the gray hair color treatment market. Unison supports the brand’s global growth, along with new product development and OEM business expansion initiatives. Invested in June 2019.
Sukesan Sukesan
Udon noodle restaurant chain operator. The Sukesan brand enjoys an unrivaled presence across Kitakyushu City and surrounding areas. Leveraging expertise accumulated from past restaurant business investments, Unison supports Sukesan’s growth by accelerating rollouts and strengthening management. Invested in March 2018.
minacia minacia
Hotel and restaurant chain operator. minacia operates limited-service hotels and restaurants across Japan. Unison supports minacia’s goals to become a leading limited-service-hotel operator within the mid-priced segment by accelerating rollouts, enabled through strengthened management. Invested in December 2017.
DINAMIX DINAMIX
Multi-branded restaurant chain operator with a strong presence in the Kansai region. Leveraging expertise accumulated from past restaurant business investments, Unison supported DINAMIX’s growth by enhancing recruiting and retention through workplace reforms, while strengthening organizational management. Invested in June 2017 and concluded in November 2023.
Yuko Yuko Yuko Yuko
Travel agency business catering to Japan’s senior market acquired from Recruit Group. Through its catalog and website, Yuko Yuko provides accommodation booking services for resorts across Japan. Yuko Yuko aims to expand its business to beyond travel services and serve more comprehensive lifestyle needs of the growing elderly population. Invested in August 2016.
Minit Asia Pacific Minit Asia Pacific
Shoe repair, key replication and other related repair services provider. Minit operates over 500 stores across Japan, Asia and Oceania. Unison supported Minit’s strategy to expand operations and services and expand its overseas business by realizing synergies across various regions. Invested in December 2011 and sold to Aoyama Trading in December 2015.
ENOTECA ENOTECA
Wine importer, wholesaler, and retailer. Acquired in a management buyout through a take-private to serve the founder’s business succession needs. Unison supported Enoteca’s growth by strengthening its management team and expanding its EC and overseas channels. Invested in March 2011 and sold to Asahi Breweries in March 2015.
Akindo Sushiro Akindo Sushiro
Revolving sushi restaurant chain operator acquired through a take-private led by the management team, following a capital injection. Grew to become the No.1 revolving sushi chain operator by strengthening branding and accelerating store rollouts. Invested in September 2007 and sold to Permira in September 2012.
Kracie Holdings Kracie Holdings
Branded toiletries, OTC drugs and food manufacturer. Acquired from IRCJ, together with Advantage Partners and MKS Partners. Unison supported Kracie by enabling profitability improvements through product portfolio reprioritization and by stimulating growth through new product development. Invested in January 2006 and sold to Hoyu in March 2012.
Drug Eleven Drug Eleven
Drug store chain operator with a strong presence in the Kyushu region. Unison resolved Drug Eleven’s balance sheet issues through a capital injection, and also implemented operational improvement initiatives to increase profitability. Invested in September 2003 and sold to Polaris Capital Group in April 2006.
Tohato Tohato
Branded confectionery products manufacturer. Invested as part of Japan’s first prepackaged bankruptcy under civil rehabilitation procedures. Unison supported Tohato’s growth by strengthening underinvested manufacturing and marketing capabilities. Invested in May 2003 and sold to Yamazaki Baking in July 2006.
ASCII ASCII
Publisher specializing in PC and video game-related publications. Unison supported the turnaround of ASCII by optimizing resource allocation to focus on core profitable businesses, along with realizing synergies with Enterbrain, an affiliate of ASCII. Invested in March 2002 and sold to Kadokawa Group in March 2004.
Mine-Mart Mine-Mart
Franchise liquor store chain operator acquired through Japan’s first take-private transaction by a financial sponsor. Unison supported Mine-Mart’s growth on the back of industry deregulations, along with building scale through add-on acquisitions. Invested in September 2000 and sold to Japan Asia Holdings in October 2005.
sulbingcafe sulbingcafe
Leading shaved ice franchise operator in Korea with over 600 stores nationwide. Sulbing is uniquely positioned within the Korean dessert category with dominant market share and high brand awareness. Unison supports Sulbing’s domestic and overseas business expansion through organizational improvements and optimization of operations. Invested in October 2023.
DHOLIC DHOLIC
Leading Korean fashion and cosmetics retailer. DHOLIC COMMERCE operates Japan’s top Korean fashion and beauty online retail platform. Unison supports DHOLIC COMMERCE’s growth through organizational management and operational improvements. Invested in November 2022.
Umji Food Umji Food
Leading manufacturer of prepared frozen foods in Korea. Umji Food operates domestic manufacturing facilities and distributes its frozen dumplings and fried rice products through retailers, restaurants and online channels. Unison is supporting Umji Food’s growth through business development and operational improvements, with the goal of reinforcing its industry leading position and expanding its global reach. Invested in March 2022.
HAKSAN (TERAROSA) HAKSAN (TERAROSA)
Specialty coffee bean importer and distributor in Korea. Operates offline coffee shops and distributes coffee beans to online and offline channels under the “TERAROSA” brand. Unison supports Haksan's growth through product and channel expansion, enabled by strengthening governance and HQ operations. Invested in November 2021.
Oasis Oasis
Omni-channel fresh produce platform in Korea. Backed by its sourcing capabilities, Oasis provides high-quality organic products at a competitive price to one million online subscribers and c.100 offline store network across the Seoul Metropolitan Area. Unison is supporting Oasis’ growth through enhanced branding/marketing as well as regional and product expansion. Invested in August and December 2021.
Brooklyn the Burger Joint / Hyodo Chicken Brooklyn the Burger Joint / Hyodo Chicken
Leading restaurant chain operator in Korea. SCBH Holdings operates acclaimed premium burger and fried chicken restaurant chains under the "Brooklyn the Burger Joint" and "Hyodo Chicken" brands. Unison supports SCBH Holdings' growth through acceleration of rollouts and operational optimization. Invested in February 2021.
Sappun Sappun
Leading shoes retailer in Korea primarily targeting females in their 20s~30s with strengths in online distribution and marketing, Unison is supporting Sappun’s growth through optimization of branding and data-oriented marketing initiatives, along with supply chain optimization and acceleration of overseas expansion. Invested in December 2019.
Rosen Food Rosen Food
Leading specialty cheese manufacturer and distributor in Korea. Rosen Food distributes its products through diversified sales channels. Unison is supported Rosen Food’s growth by further strengthening sales and marketing functions, as well as improving productivity. Invested in November 2018 and sold to S-Food in May 2022.
FNDNET FNDNET
Leading health supplements distributor. Leveraging its R&D capabilities, FNDNET distributes over 70 products across over 6,000 accounts, and enjoys a dominant position within maternity/children categories. Unison is supporting FNDNET’s growth through further channel expansion, enabled by strengthening governance and organizational capabilities. Invested in April 2017.
P2P Systems P2P Systems
Leading space/facility service provider in Korea. Operates over 400 locations under the “TOZ” brand for group meetings, shared office and study center use. Unison is supporting P2P Systems’ growth by accelerating rollouts and exploring adjacent business expansion, alongside improving profitability through optimization of operations. Invested in December 2016.
Gourmet F&B Gourmet F&B
Leading specialty food/ingredients importer and distributor in Korea. Specializes in imported products from Europe and enjoys a No.1 position within the premium cheese category. Unison supported Gourmet F&B’s growth through product diversification and channel expansion. Invested in September 2016 and sold to LF in September 2017.
Apelgamo Apelgamo
Leading wedding hall operator in Korea. Operates a chain of wedding halls under “The Chapel”, “LaCucina” and “Apelgamo” brands. Unison supported Apelgamo’s growth through acceleration of rollouts, adjacent businesses expansion and realization of synergies from add-on acquisitions. Invested in March 2016 and sold to funds managed by Evergreen Advisors in April 2019.
Gong cha Gong cha
Premium bubble tea chain with over 1,400 stores worldwide. Unison supported Gong cha’s branding and acceleration of its global store expansion, including in Japan. Invested in Gong cha Korea in October 2014 and Royal Tea Taiwan (brand owner) in January 2017 and sold to TA Associates in November 2019.

B2B Services

Company
Overview
Kids Corporation Holdings Kids Corporation Holdings
Childcare service provider operating daycare facilities and information portals catering to childcare workers. Kids Corporation enjoys a leading position in the field of outsourced onsite daycare facility operations within hospitals and corporations. Unison supports Kids Corporation’s growth by reinforcing sales force management and expanding its childcare information portal business. Invested in July 2022.
SHiDAX SHiDAX
General outsourcing service provider serving corporations and municipalities. Invested in newly issued preferred shares while SHiDAX remained publicly listed. Unison is supported SHiDAX’s growth by strengthening corporate governance to enable acceleration of business restructuring and enhancement of sales and IR capabilities. Invested in July 2019 and sold to Oisix ra Daichi in October 2022.
Ken Depot Ken Depot
Leading distributor of construction materials and tools with over 60 stores catering to over 600,000 construction industry professionals, acquired from LIXIL Group. By providing new capital, Unison supported Ken Depot’s growth on the back of rising demand for home renovations. Invested in October 2015 and sold to Kohnan Shoji in June 2019.
Topes Topes
Leading provider of traffic enforcement systems in Korea. Topes enjoys a dominant position in the categories of automated traffic enforcement systems and intelligent traffic systems, serving the National Police Agency as well as municipalities across Korea. Unison is supporting Topes’ growth through business development and operational improvements. Invested in July 2021.

Other

Company
Overview
Dexerials Dexerials
Specialty chemical manufacturer (formerly Sony Chemical) acquired from Sony Group, together with the Development Bank of Japan. Upon successfully achieving growth by strengthening stand-alone corporate functions and expanding in Asia, Dexerials was listed on the TSE in July 2015. Invested in September 2012 and sold in March 2016.
Nexcon Technology Nexcon Technology
Leading battery management system parts manufacturer in Korea acquired through a tender offer. Unison supported Nexcon’s growth by supporting business development initiatives in Japan, as well as cost rationalization through manufacturing process improvements. Invested in July 2012 and sold to a private investor in December 2018.
Asahi Tec Asahi Tec
Auto parts manufacturer acquired through Japan’s first ever two-step tender offer. Unison supported Asahi Tec in formulating and executing a new strategy focused on capturing growth opportunities in Asia by expanding its manufacturing operations in the region. Invested in April 2012 and sold to Topy Industries in May 2018.
IDERA Capital Management IDERA Capital Management
Real estate asset management company (formerly MK Capital Management) acquired through a take-private following a capital injection. Unison supported IDERA’s business model transformation and steady AUM growth to become one of Japan’s leading real estate asset management companies. Invested in April 2010 and sold to Fosun Group in May 2014.
Cosmos Life Cosmos Life
Property management service provider acquired from Cosmos Initia. While maintaining a close business relationship with Cosmos Initia, Unison supported Cosmos Life’s business expansion by revisiting its sales strategy. Invested in February 2009 and sold to Cosmos Initia in September 2009.
Intelsat Holdings Intelsat Holdings
Leading satellite communication service provider acquired by a consortium led by BC Partners. As a co-investor, Unison explored new business development and add-on acquisition opportunities across Asia. Invested in February 2008 and sold to Ant Capital Partners in April 2017.
ARTERIA Networks ARTERIA Networks
Optical fiber network service provider (formerly UCOM) initially acquired from USEN Group. Unison supported ARTERIA Networks by renewing sales and marketing strategies, strengthening cost management, and realizing synergies through a merger with Marubeni Access Solutions. Invested in March 2007 and sold to CVC Capital Partners in November 2014.
Covalent Materials Covalent Materials
Semiconductor equipment parts manufacturer acquired in a management buyout from Toshiba Group, together with the Carlyle Group. Unison supported the company with refocusing on core profitable businesses, as well as business restructuring and new business development. Invested in December 2006 and sold to CoorsTek in December 2014.
Cosmos Initia Cosmos Initia
Condominium developer focused on the Tokyo region (formerly Recruit Cosmos), acquired in a management buyout from Recruit Group. Unison supported Recruit Cosmos in establishing stand-alone corporate functions and achieving stable growth. Invested in June 2005 and sold through a share buyback in September 2009.
Tacmic SP Tacmic SP
Plastic molding parts manufacturer acquired in a management buyout from Kyoden Group. Unison supported the reorganization of Tacmic SP’s global operations, comprised of domestic R&D and overseas production capabilities. Invested in June 2003 and sold to ARRK in November 2003.
Kiriu Kiriu
Brake and other auto parts manufacturer acquired in a management buyout from Nissan Group. Unison supported Kiriu’s expansion in the U.S., strengthening of sales and marketing efforts targeting non-Nissan auto manufacturers and optimizing its manufacturing process. Invested in December 2001 and sold to Sumitomo Corporation in July 2004.
Orient Credit Orient Credit
Consumer finance service provider focused on a female customer base. Unison supported Orient Credit’s growth by strengthening its management and diversifying its fund-raising channels. Invested in June 2000 and sold to GMO Internet in September 2005.

Japan

Company
Overview
Kids Corporation Holdings Kids Corporation Holdings
Childcare service provider operating daycare facilities and information portals catering to childcare workers. Kids Corporation enjoys a leading position in the field of outsourced onsite daycare facility operations within hospitals and corporations. Unison supports Kids Corporation’s growth by reinforcing sales force management and expanding its childcare information portal business. Invested in July 2022.
CHCP Dental CHCP Dental
Service provider specializing in operational support for dental clinics. CHCP Dental provides Unison's portfolio dental clinics with growth and operational support by implementing optimal operational practices. Invested in June 2022.
DAYTONA INTERNATIONAL's DAYTONA INTERNATIONAL's
Specialty apparel retailer. Headlined by the "FREAK'S STORE" brand, DAYTONA INTERNATIONAL's uniquely positioned brands enjoy strong support and loyalty from its customers. Unison supports DAYTONA INTERNATIONAL's growth across multiple channels by strengthening organizational management. Invested in April 2021.
CHCP Home Nursing CHCP Home Nursing
Operational platform for the acquisition and management of home-visit nursing service providers. As a holding company, CHCP Home Nursing consolidates home-visit nursing service providers, while optimizing and upgrading their operations and services and expanding into white spaces such as complications. Invested in March 2021.
All Hearts Company’s All Hearts Company’s
Bakery and confectionery brand operator. All Hearts Company’s brands are known for their unique concepts and positioning. Unison aims to support All Hearts Company’s growth both domestically and abroad by strengthening corporate infrastructure and branding, as well as accelerating store rollouts. Invested in December 2020.
Kyowa Pharmaceutical Industry Kyowa Pharmaceutical Industry
Leading specialty pharmaceutical company focused on CNS acquired from Lupin Group. Leveraging its expertise and ecosystem in the healthcare industry, Unison supported Kyowa’s expansion of its product portfolio to beyond drugs and improving patients’ quality of life. Invested in December 2019 and sold to J-Will Partners in March 2024.
CHCP Hospital Partners CHCP Hospital Partners
Service provider specializing in operational support for hospitals. CHCP Hospital Partners provides Unison’s portfolio hospitals with operational support by leveraging alliances with leading hospitals. Invested in July 2019 in conjunction with Unison’s first hospital investment.
SHiDAX SHiDAX
General outsourcing service provider serving corporations and municipalities. Invested in newly issued preferred shares while SHiDAX remained publicly listed. Unison is supported SHiDAX’s growth by strengthening corporate governance to enable acceleration of business restructuring and enhancement of sales and IR capabilities. Invested in July 2019 and sold to Oisix ra Daichi in October 2022.
PYURU PYURU
Manufacturer and distributor of cosmetics products with a focus on effective clean beauty. PYURU’s Rishiri Hair Color brand enjoys a leading position in the gray hair color treatment market. Unison supports the brand’s global growth, along with new product development and OEM business expansion initiatives. Invested in June 2019.
Sukesan Sukesan
Udon noodle restaurant chain operator. The Sukesan brand enjoys an unrivaled presence across Kitakyushu City and surrounding areas. Leveraging expertise accumulated from past restaurant business investments, Unison supports Sukesan’s growth by accelerating rollouts and strengthening management. Invested in March 2018.
minacia minacia
Hotel and restaurant chain operator. minacia operates limited-service hotels and restaurants across Japan. Unison supports minacia’s goals to become a leading limited-service-hotel operator within the mid-priced segment by accelerating rollouts, enabled through strengthened management. Invested in December 2017.
CHCP Pharmacy CHCP Pharmacy
Operational platform for the acquisition and management of community pharmacies. As a holding company, CHCP Pharmacy consolidates small-scaled community pharmacies, while optimizing and upgrading their operations by building economies of scale. Invested in September 2017.
DINAMIX DINAMIX
Multi-branded restaurant chain operator with a strong presence in the Kansai region. Leveraging expertise accumulated from past restaurant business investments, Unison supported DINAMIX’s growth by enhancing recruiting and retention through workplace reforms, while strengthening organizational management. Invested in June 2017 and concluded in November 2023.
LTL Pharma LTL Pharma
Pharmaceutical company 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. Acquired 16 LLPs from Astellas Pharma in April 2017, and one LLP from Sanofi in August 2020.
Yuko Yuko Yuko Yuko
Travel agency business catering to Japan’s senior market acquired from Recruit Group. Through its catalog and website, Yuko Yuko provides accommodation booking services for resorts across Japan. Yuko Yuko aims to expand its business to beyond travel services and serve more comprehensive lifestyle needs of the growing elderly population. Invested in August 2016.
Ken Depot Ken Depot
Leading distributor of construction materials and tools with over 60 stores catering to over 600,000 construction industry professionals, acquired from LIXIL Group. By providing new capital, Unison supported Ken Depot’s growth on the back of rising demand for home renovations. Invested in October 2015 and sold to Kohnan Shoji in June 2019.
AYUMI Pharmaceutical AYUMI Pharmaceutical
Specialty pharmaceutical company focused on Rheumatoid Arthritis and Orthopedics. Established through the acquisition of Santen Pharmaceutical’s Rheumatoid Arthritis business and Showa Yakuhin Kako’s medical business. Unison supported AYUMI’s growth by strengthening sales and marketing capabilities and expanding its product portfolio. Invested in August 2015 and sold to Blackstone in April 2019.
Dexerials Dexerials
Specialty chemical manufacturer (formerly Sony Chemical) acquired from Sony Group, together with the Development Bank of Japan. Upon successfully achieving growth by strengthening stand-alone corporate functions and expanding in Asia, Dexerials was listed on the TSE in July 2015. Invested in September 2012 and sold in March 2016.
Nexcon Technology Nexcon Technology
Leading battery management system parts manufacturer in Korea acquired through a tender offer. Unison supported Nexcon’s growth by supporting business development initiatives in Japan, as well as cost rationalization through manufacturing process improvements. Invested in July 2012 and sold to a private investor in December 2018.
Showa Yakuhin Kako Showa Yakuhin Kako
Specialty pharmaceutical company focused on dental medicines. Acquired through a co-investment with GC Corporation. Unison supported Showa Yakuhin Kako in further solidifying its leading position by cultivating new businesses associated with home dentistry. Invested in June 2012 and sold to GC Corporation in September 2016.
Asahi Tec Asahi Tec
Auto parts manufacturer acquired through Japan’s first ever two-step tender offer. Unison supported Asahi Tec in formulating and executing a new strategy focused on capturing growth opportunities in Asia by expanding its manufacturing operations in the region. Invested in April 2012 and sold to Topy Industries in May 2018.
Minit Asia Pacific Minit Asia Pacific
Shoe repair, key replication and other related repair services provider. Minit operates over 500 stores across Japan, Asia and Oceania. Unison supported Minit’s strategy to expand operations and services and expand its overseas business by realizing synergies across various regions. Invested in December 2011 and sold to Aoyama Trading in December 2015.
ENOTECA ENOTECA
Wine importer, wholesaler, and retailer. Acquired in a management buyout through a take-private to serve the founder’s business succession needs. Unison supported Enoteca’s growth by strengthening its management team and expanding its EC and overseas channels. Invested in March 2011 and sold to Asahi Breweries in March 2015.
IDERA Capital Management IDERA Capital Management
Real estate asset management company (formerly MK Capital Management) acquired through a take-private following a capital injection. Unison supported IDERA’s business model transformation and steady AUM growth to become one of Japan’s leading real estate asset management companies. Invested in April 2010 and sold to Fosun Group in May 2014.
Cosmos Life Cosmos Life
Property management service provider acquired from Cosmos Initia. While maintaining a close business relationship with Cosmos Initia, Unison supported Cosmos Life’s business expansion by revisiting its sales strategy. Invested in February 2009 and sold to Cosmos Initia in September 2009.
Intelsat Holdings Intelsat Holdings
Leading satellite communication service provider acquired by a consortium led by BC Partners. As a co-investor, Unison explored new business development and add-on acquisition opportunities across Asia. Invested in February 2008 and sold to Ant Capital Partners in April 2017.
Akindo Sushiro Akindo Sushiro
Revolving sushi restaurant chain operator acquired through a take-private led by the management team, following a capital injection. Grew to become the No.1 revolving sushi chain operator by strengthening branding and accelerating store rollouts. Invested in September 2007 and sold to Permira in September 2012.
ARTERIA Networks ARTERIA Networks
Optical fiber network service provider (formerly UCOM) initially acquired from USEN Group. Unison supported ARTERIA Networks by renewing sales and marketing strategies, strengthening cost management, and realizing synergies through a merger with Marubeni Access Solutions. Invested in March 2007 and sold to CVC Capital Partners in November 2014.
Covalent Materials Covalent Materials
Semiconductor equipment parts manufacturer acquired in a management buyout from Toshiba Group, together with the Carlyle Group. Unison supported the company with refocusing on core profitable businesses, as well as business restructuring and new business development. Invested in December 2006 and sold to CoorsTek in December 2014.
Kracie Holdings Kracie Holdings
Branded toiletries, OTC drugs and food manufacturer. Acquired from IRCJ, together with Advantage Partners and MKS Partners. Unison supported Kracie by enabling profitability improvements through product portfolio reprioritization and by stimulating growth through new product development. Invested in January 2006 and sold to Hoyu in March 2012.
Cosmos Initia Cosmos Initia
Condominium developer focused on the Tokyo region (formerly Recruit Cosmos), acquired in a management buyout from Recruit Group. Unison supported Recruit Cosmos in establishing stand-alone corporate functions and achieving stable growth. Invested in June 2005 and sold through a share buyback in September 2009.
Drug Eleven Drug Eleven
Drug store chain operator with a strong presence in the Kyushu region. Unison resolved Drug Eleven’s balance sheet issues through a capital injection, and also implemented operational improvement initiatives to increase profitability. Invested in September 2003 and sold to Polaris Capital Group in April 2006.
Tacmic SP Tacmic SP
Plastic molding parts manufacturer acquired in a management buyout from Kyoden Group. Unison supported the reorganization of Tacmic SP’s global operations, comprised of domestic R&D and overseas production capabilities. Invested in June 2003 and sold to ARRK in November 2003.
Tohato Tohato
Branded confectionery products manufacturer. Invested as part of Japan’s first prepackaged bankruptcy under civil rehabilitation procedures. Unison supported Tohato’s growth by strengthening underinvested manufacturing and marketing capabilities. Invested in May 2003 and sold to Yamazaki Baking in July 2006.
ASCII ASCII
Publisher specializing in PC and video game-related publications. Unison supported the turnaround of ASCII by optimizing resource allocation to focus on core profitable businesses, along with realizing synergies with Enterbrain, an affiliate of ASCII. Invested in March 2002 and sold to Kadokawa Group in March 2004.
Kiriu Kiriu
Brake and other auto parts manufacturer acquired in a management buyout from Nissan Group. Unison supported Kiriu’s expansion in the U.S., strengthening of sales and marketing efforts targeting non-Nissan auto manufacturers and optimizing its manufacturing process. Invested in December 2001 and sold to Sumitomo Corporation in July 2004.
Mine-Mart Mine-Mart
Franchise liquor store chain operator acquired through Japan’s first take-private transaction by a financial sponsor. Unison supported Mine-Mart’s growth on the back of industry deregulations, along with building scale through add-on acquisitions. Invested in September 2000 and sold to Japan Asia Holdings in October 2005.
Orient Credit Orient Credit
Consumer finance service provider focused on a female customer base. Unison supported Orient Credit’s growth by strengthening its management and diversifying its fund-raising channels. Invested in June 2000 and sold to GMO Internet in September 2005.

Korea

Company
Overview
sulbingcafe sulbingcafe
Leading shaved ice franchise operator in Korea with over 600 stores nationwide. Sulbing is uniquely positioned within the Korean dessert category with dominant market share and high brand awareness. Unison supports Sulbing’s domestic and overseas business expansion through organizational improvements and optimization of operations. Invested in October 2023.
Osstem Implant Osstem Implant
Global leading dental implant developer and manufacturer. Osstem Implant distributes dental implants and equipment to over 90 countries. Unison supports Osstem Implant's growth by strengthening governance and reinforcing its global expansion strategy. Invested in February 2023.
DHOLIC DHOLIC
Leading Korean fashion and cosmetics retailer. DHOLIC COMMERCE operates Japan’s top Korean fashion and beauty online retail platform. Unison supports DHOLIC COMMERCE’s growth through organizational management and operational improvements. Invested in November 2022.
Umji Food Umji Food
Leading manufacturer of prepared frozen foods in Korea. Umji Food operates domestic manufacturing facilities and distributes its frozen dumplings and fried rice products through retailers, restaurants and online channels. Unison is supporting Umji Food’s growth through business development and operational improvements, with the goal of reinforcing its industry leading position and expanding its global reach. Invested in March 2022.
HAKSAN (TERAROSA) HAKSAN (TERAROSA)
Specialty coffee bean importer and distributor in Korea. Operates offline coffee shops and distributes coffee beans to online and offline channels under the “TERAROSA” brand. Unison supports Haksan's growth through product and channel expansion, enabled by strengthening governance and HQ operations. Invested in November 2021.
Oasis Oasis
Omni-channel fresh produce platform in Korea. Backed by its sourcing capabilities, Oasis provides high-quality organic products at a competitive price to one million online subscribers and c.100 offline store network across the Seoul Metropolitan Area. Unison is supporting Oasis’ growth through enhanced branding/marketing as well as regional and product expansion. Invested in August and December 2021.
Topes Topes
Leading provider of traffic enforcement systems in Korea. Topes enjoys a dominant position in the categories of automated traffic enforcement systems and intelligent traffic systems, serving the National Police Agency as well as municipalities across Korea. Unison is supporting Topes’ growth through business development and operational improvements. Invested in July 2021.
Brooklyn the Burger Joint / Hyodo Chicken Brooklyn the Burger Joint / Hyodo Chicken
Leading restaurant chain operator in Korea. SCBH Holdings operates acclaimed premium burger and fried chicken restaurant chains under the "Brooklyn the Burger Joint" and "Hyodo Chicken" brands. Unison supports SCBH Holdings' growth through acceleration of rollouts and operational optimization. Invested in February 2021.
Sappun Sappun
Leading shoes retailer in Korea primarily targeting females in their 20s~30s with strengths in online distribution and marketing, Unison is supporting Sappun’s growth through optimization of branding and data-oriented marketing initiatives, along with supply chain optimization and acceleration of overseas expansion. Invested in December 2019.
Medit Medit
Global leading dental 3D scanning solutions provider. Unison supported Medit’s growth by strengthening management, as well as R&D, sales & marketing functions, and manufacturing capabilities. Invested in December 2019 and sold to MBK Partners in March 2023, followed by a reinvestment in August 2023.
Rosen Food Rosen Food
Leading specialty cheese manufacturer and distributor in Korea. Rosen Food distributes its products through diversified sales channels. Unison is supported Rosen Food’s growth by further strengthening sales and marketing functions, as well as improving productivity. Invested in November 2018 and sold to S-Food in May 2022
FNDNET FNDNET
Leading health supplements distributor. Leveraging its R&D capabilities, FNDNET distributes over 70 products across over 6,000 accounts, and enjoys a dominant position within maternity/children categories. Unison is supporting FNDNET’s growth through further channel expansion, enabled by strengthening governance and organizational capabilities. Invested in April 2017.
P2P Systems P2P Systems
Leading space/facility service provider in Korea. Operates over 400 locations under the “TOZ” brand for group meetings, shared office and study center use. Unison is supporting P2P Systems’ growth by accelerating rollouts and exploring adjacent business expansion, alongside improving profitability through optimization of operations. Invested in December 2016.
Gourmet F&B Gourmet F&B
Leading specialty food/ingredients importer and distributor in Korea. Specializes in imported products from Europe and enjoys a No.1 position within the premium cheese category. Unison supported Gourmet F&B’s growth through product diversification and channel expansion. Invested in September 2016 and sold to LF in September 2017.
Apelgamo Apelgamo
Leading wedding hall operator in Korea. Operates a chain of wedding halls under “The Chapel”, “LaCucina” and “Apelgamo” brands. Unison supported Apelgamo’s growth through acceleration of rollouts, adjacent businesses expansion and realization of synergies from add-on acquisitions. Invested in March 2016 and sold to funds managed by Evergreen Advisors in April 2019.
Gong cha Gong cha
Premium bubble tea chain with over 1,400 stores worldwide. Unison supported Gong cha’s branding and acceleration of its global store expansion, including in Japan. Invested in Gong cha Korea in October 2014 and Royal Tea Taiwan (brand owner) in January 2017 and sold to TA Associates in November 2019.