This is to announce that our wholly managed and operated investment fund, J-STAR No. 2 Investment Limited Partnership, has underwritten BT Investments (Headquarter: Kawasaki-shi, Kanagawa, Company Representative: Mr Kiyohiro Miisyo, “BTI”) through private placement. BT Investments is the parent company of Primajest Inc (Headquarter: Kawasaki-shi, Kanagawa, Company Representative: Mr Kiyohiro Miisyo, http://www.primagest.co.jp/,”Primajest”).
Primajest develops, manufactures, and sells hardware and software to provide image information processing services, and provides outsourcing and maintenance services of the system developed by Primajest.
As the environment surrounding IT changes rapidly, demand for improved IT strategy for better productivity brings needs for improvement in IT infrastructure, innovation of business model, and differentiating services. Primajest sees it as an opportunity for growth and intends to expand its business area. As we underwrite BT Investment’s shares through private placement, we, through BTI, will actively support Primajest in order to expand its business.
In approaching this investment, we have enlisted Baker & McKenzie (Gaikokuho Joint Enterprise) for legal due diligence, KPMG FAS Co., Ltd. and KPMG Tax Corporation for financial and tax-related due diligence, and P&E Directions Inc. for business due diligence.
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