KKR and Bain Capital are bidding to acquire FUJI SOFT for up to $4bn.

KKR, a global investment firm, and Bain Capital, a private investment firm that specializes in private equity, venture capital, credit, public equity, impact investing, life sciences and real estate, are bidding to acquire FUJI SOFT, an independent software developer, specializing in communications and machine control software, business application software for bank and insurance companies, and operating system software, for up to $4bn. “As Japan's IT services industry enters a transformative period of digitalization marked by the expanded use of cloud, IoT, and generative AI, we are pleased to have the opportunity to invest in a market leader in FUJI SOFT. We look forward to leveraging KKR’s global platform and industry expertise in the IT services sector to accelerate FUJI SOFT’s long-term growth and to unlock greater value for Japanese businesses and their customers,” Hiro Hirano, KKR Asia Pacific Deputy Executive Chairman and KKR Japan CEO. On November 07, 2024, KKR acquires over a third of FUJI SOFT With completion of first stage of tender offer.