April 23, 2019
Unison Capital, Inc.
Notice of Agreement to Transfer Shares of Ken Depot Corporation
We are pleased to announce that Unison Capital Partners IV, LPS and Unison Capital Partners IV (F), L.P. (collectively, “Unison”), and Kohnan Shoji Co.,Ltd. (TYO: 7156) have entered into a share transfer agreement (the "Agreement") with respect to the transfer of all outstanding shares of Ken Depot Corporation (“Ken Depot”).
Unison underwrote growth capital for Ken Depot, which was newly formed by LIXIL Corporation on October 1, 2015. Ken Depot is a members-only one-stop shop to serve all the needs of professional home builders in search of construction materials and tools. Since its investment, Unison has continued to support Ken Depot’s strong growth to date.
We are confident that Ken Depot will further expand and advance its business in its next phase of growth under the support of its new shareholder.
The share transfer pursuant to the Agreement is planned for June 3, 2019, subject to regulatory approvals and satisfaction of customary closing conditions.
Please direct all inquiries concerning this matter to: