August 1, 2018
by Investment in Japan
by Investment in Japan
Private Equity in Japan
>New Horizon Capital’s announcement
New Horizon Capital Co., Ltd., a leading independent private-equity fund, announced today that the company’s third fund, NH-3, signed the Stock Purchase Agreement of ReachLocal Japan Co., LTD. ( hereinafter “ReachLocal”: Web marketing to small and medium enterprises as its main service), on the 27th of July, 2018. The investment is to make the company independent from the umbrella of the US corporate group, to strengthen the Japanese specifications and to support the further growth of the company and the company’s management governance with a view to IPO.