JAFCO Group Co., Ltd. acquired UPPGO, Inc. and E-NA, Inc. from Ant Capital Partners Co., Ltd.
April 25, 2024
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JAFCO SV7-S Investment Limited Partnership and JAFCO BO7 Investment Limited Partnership, managed by JAFCO Group Co., Ltd. (TSE:8595) acquired UPPGO, Inc. and E-NA, Inc. from Ant Bridge No.5-A Private Equity Secondary Investment Fund, Limited Partnership, managed by Bee Alternatives, and Ant Capital Partners Co., Ltd. on April 26, 2024.
JAFCO SV7-S Investment Limited Partnership and JAFCO BO7 Investment Limited Partnership, managed by JAFCO Group Co., Ltd. (TSE:8595) completed the acquisition of UPPGO, Inc. and E-NA, Inc. from Ant Bridge No.5-A Private Equity Secondary Investment Fund, Limited Partnership, managed by Bee Alternatives, and Ant Capital Partners Co., Ltd. on April 26, 2024.
JAFCO Group Co Ltd, formerly JAFCO Co Ltd, is a Japan-based company engaged in venture investment and buyout investment business through fund management. The Company operates Fund Management business segment. The Funds are recruited from institutional investors and operating companies about once every three years. The Company also invests its own funds in all funds and commits itself to improving fund performance. The main sources of revenue are capital gains through fund investments, fund management fees, and performance fees. The Company operates business in Japan, the United States, Asia and other countries.