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New Deal


Announced

Completed

CLSA Capital Partners completed the acquisition of Earth Technology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

Private

Completed

Private Equity

Single Bidder

Majority

billingual it

Friendly

Japan

Acquisition

Synopsis

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CLSA Capital Partners, the asset management business of CLSA, completed the acquisition of Earth Technology, a bilingual IT services provider in Japan. Financial terms were not disclosed. Sunrise III, a Japan-dedicated private equity strategy of CLSA, will assist in achieving further growth by providing support to the company on various aspects of the business such as streamlining and enhancing the organisational framework, strengthening sales capabilities, assisting in the recruiting processes and enhancing its branding strategy.

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