BPEA EQT to acquire a majority stake in HRBrain.

BPEA EQT, an Asian investment firm headquartered in Hong Kong, agreed to acquire a majority stake in HRBrain, a cloud-based service that streamlines the management and evaluation of employee goals. Financial terms were not disclosed. "HRBrain is one of the top players in Japan’s Talent Management space, which is backed by strong tailwinds from socially significant issues like a shrinking labor force, a growing shift towards job-based hiring, and a regulatory push to visualize and disclose human capital. We see great potential for further expansion of the company's impressive product and service offerings, and we look forward to leveraging EQT's experience in technology and software to support President Hiroki Hori and his employees as we work together to accelerate HRBrain's organic and inorganic growth," Tetsuro Onitsuka, BPEA EQT Partner.