Tokyo Century to acquire a 14.9% stake in Advantage Partners.

Tokyo Century, a leading provider of lease financing for equipment needs is set to acquire a 14.9% stake in Advantage Partners (AP), a leading private equity firm. Financial terms were not disclosed. As part of the transaction, which is expected to close in January 2020, Tokyo Century will acquire new and existing shares in the general partner and secure a seat on its board. "Tokyo Century has been an important and valued investor in AP Funds over many years. All of us at the AP Group feel very fortunate and pleased to have them now support us as a strategic investor in our firm, bringing significant balance sheet capital to ensure the future stability of the firm" Taisuke Sasanuma, AP Representative Partner.