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Synopsis
KKR completed the acquisition of Yayoi, a software developer, from ORIX, a financial services group. Financial terms were not disclosed. “SMEs account for the vast majority of companies in Japan. Considering this, we are pleased to add Yayoi to our global portfolio of software providers, and excited to support this important sector of the Japanese economy as SMEs strive to enhance their operational efficiency by digitally transforming their businesses. We see a terrific opportunity to increase Yayoi’s penetration across Japan and look forward to promoting the Company’s growth by leveraging our expertise in this segment," Hiro Hirano, KKR Japan CEO.
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