A subsidiary of SANYO Electric Co. has been sold to J-Will Partners Co.
Lincoln International, a leading global mid-market investment bank, is pleased to announce that SANYO Electric Co., Ltd. (“SANYO Electric”) of the Panasonic Group has agreed to sell SANYO Techno Solutions Tottori Co., Ltd. (“STS”) to J-Will Partners Co., Ltd. (“JWP”) and special purpose company JIA. STS is a wholly owned subsidiary of SANYO Electric and specializes in the manufacture and sale of communication/network devices, control units/boards, health and medical equipment and kitchen appliances.
SANYO Electric established STS on January 1, 2013, in order to accelerate decision-making by building an autonomous business structure. However, in order to accomplish this objective and due to STS’s technology and a strong connection to its customers, management decided it would be best to run STS under an independent partner. SANYO Electric chose JWP as the buyer for STS due to its strong track record of successfully supporting subsidiary spin-offs and investments of small- and medium-sized regional companies in Japan.
Meet Our Professionals
View More Transactions
Lincoln International is pleased to announce that Wheat Parent, Inc. (Wheat Montana), a portfolio company of River Associates Investments, has been acquired by Tilia Holdings, LLC
Lincoln International is pleased to announce that Pharmarack Technologies has been acquired by DigiHealth Technologies LLP, a platform set up by leading pharmaceutical companies in India with a combined market cap of over $50 billion
Lincoln International is pleased to announce that SiteLock, a portfolio company of Abry Partners, has been sold to Sectigo, a portfolio company of GI Partners
Lincoln International is pleased to announce that it has advised CAPZA on the financing of its acquisition of Eidosmedia
Lincoln International is pleased to announce that it has advised Chequers Capital on the sale of Wörner Medizinprodukte Holding GmbH to DCC plc
Lincoln International is pleased to announce the sale of Medix Specialty Vehicles, a portfolio company of LFM Capital, to Demers Braun Crestline, a portfolio company of Clearspring Capital Partners
Lincoln International is pleased to announce that it has advised Brembo S.p.A. on its acquisition of J. Juan Group
Lincoln International advised Alphalink founders and BNP Paribas Développement, a minority shareholder, on securing senior and mezzanine facilities