Endeavour United Closes Third Japan Buyout Series Funds at JP¥53 Billion
Endeavour United Co., Ltd., a Tokyo-based private equity firm, announced on August 1, 2023 that it has closed its third Japan buyout series funds (EU III Series Funds) at JP¥53 billion (approximately US$450 million). The EU III Series Funds are Endeavour United’s largest fundraise to date, and they are expected to be used to acquire and invest in businesses in Japan’s lower middle market.
Endeavour United was founded in 2013 and has a proven track record of success in the Japanese market. The firm’s previous funds have invested in a wide range of businesses, including manufacturing, distribution, services, and healthcare. Endeavour United is known for its focus on value creation through operational improvement and growth.
The closing of the EU III Series Funds is a vote of confidence in the Japanese economy and the future of the Japanese lower middle market. The fundraise also reflects the growing interest of global investors in the Japanese market.
In a statement, Endeavour United CEO, Hiroaki Ito, said, “We are pleased to announce the closing of our third Japan buyout series funds. We are grateful for the support of our investors, and we are excited to deploy this capital to create value for our portfolio companies. We believe that the Japanese lower middle market is a vibrant and attractive market with significant growth potential. We are committed to using our experience and expertise to help our portfolio companies achieve their full potential.”
The EU III Series Funds are expected to be invested in a variety of businesses in Japan’s lower middle market. The firm is targeting businesses with strong management teams, attractive growth prospects, and the potential for operational improvement. Endeavour United is also interested in businesses that are facing challenges, such as succession or corporate carve-outs.
The closing of the EU III Series Funds is a significant milestone for Endeavour United. The firm is well-positioned to continue its success in the Japanese market and to create value for its investors.
