Longreach Group sold Nippon Outsourcing to Fuyo General Lease.

Investment firm Longreach Group sold Nippon Outsourcing, a comprehensive business process outsourcing company, to Fuyo General Lease, which is mainly engaged in the leasing and installment sales trading of equipment and fixtures. Financial terms were not disclosed. “The performance of the Nippon Outsourcing business and this sale to Fuyo well reflect the resulting development of Nippon Outsourcing, to become a higher margin and true third-party BPO business well-positioned for continuing growth,” Longreach said in a statement.