Bain Capital has recently announced its plan to acquire Systems Information (SI&C), a Tokyo-listed software and IT provider, for approximately JPY 22bn (USD 147m).
The acquisition will be made via a tender offer, with Bain offering to acquire all outstanding shares at JPY 930 apiece, representing an 18% premium to the closing price on September 27.
This move marks Bain’s continued expansion in the Japanese market, as the private equity firm seeks to tap into the country’s growing technology sector.
The acquisition of SI&C comes as no surprise, as Bain has been actively seeking investment opportunities in the Japanese market.
The private equity firm has been particularly interested in the country’s technology sector, which has been experiencing steady growth in recent years.
With this latest acquisition, Bain aims to further strengthen its position in the Japanese market and expand its portfolio in the technology industry.
Bain’s acquisition of SI&C is expected to have a significant impact on the Japanese technology industry, as the private equity firm plans to leverage the software and IT provider’s expertise to enhance its own digital capabilities.
With the growing demand for digital solutions in Japan, Bain’s move to acquire SI&C is seen as a strategic move that will enable the private equity firm to tap into the country’s growing digital economy.
Photo by Jezael Melgoza
Bain Japan and System Information Acquisition
Bain Capital, a global private equity firm, has made a move to acquire System Information (SI&C), a Tokyo-listed software and IT provider, for a deal value of about JPY 22bn (USD 147m) through a tender offer.
The acquisition is part of Bain Capital’s strategy to expand its presence in the Japanese market and strengthen its portfolio of assets in the region. The deal was announced on September 28, 2023, and is subject to regulatory approval.
Bain Capital’s interest in SI&C stems from the company’s strong position in the Japanese market, where it provides a range of software and IT solutions to a diverse customer base.
The acquisition will enable Bain Capital to leverage SI&C’s expertise and capabilities to drive growth and profitability in the region.
The private equity firm has a reputation for conducting thorough due diligence before making any acquisition, and the SI&C deal is no exception.
Bain Capital is expected to conduct a detailed analysis of SI&C’s financial and operational performance to ensure that the acquisition is a sound investment for its investors.
The deal is also expected to command a premium, given SI&C’s strong market position and the potential for future growth in the Japanese IT sector. The acquisition is a significant move for Bain Capital as it seeks to expand its portfolio of assets in the region and tap into the growing demand for IT solutions in Japan.
Overall, the acquisition of SI&C is a strategic move for Bain Capital as it seeks to strengthen its presence in the Japanese market and expand its portfolio of assets in the region.
The deal is expected to generate significant value for its investors and position the private equity firm for future growth in the IT sector.
