BDA Partners is pleased to announce that an investment fund managed by its client J-STAR Co Ltd has divested all its shares of Taiheiyo Seiki Holding KK to TKY KK.<\/p>\n
Taiheiyo Seiki is a leading manufacturer of undercarriage parts and precision hydraulic components for construction and mining machinery, with a focus on hydraulic excavators. Taiheiyo Seiki has manufacturing facilities in Japan and China, and sells its products to construction equipment OEMs globally.<\/p>\n
The buyer, TKY, is part of the Takitai Group, based in Niigata, Japan, which is active in a number of sectors including\u00a0textiles and real estate.<\/p>\n
Transaction highlights:<\/p>\n
Relationships and sector knowledge: J-STAR was attracted to BDA\u2019s industrials and construction equipment track record, and ability to identify and effectively engage with the most likely acquirors. By drawing on its experience in the construction equipment sector, BDA was able successfully to position the investment merits of the asset.<\/p>\n
Global execution expertise: BDA has a history of delivering strong outcomes from competitive global processes. BDA executed a global transaction process that produced a competitive dynamic, an attractive valuation, and favourable economic terms for the seller.<\/p>\n
Trusted guidance: BDA\u2019s deal team was integrally involved through each step of the transaction. Hands-on involvement and effective communication from BDA\u2019s bankers ensured seamless execution, resulting in an outstanding outcome for J-STAR.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-6824","transaction","type-transaction","status-publish","hentry"],"acf":[],"yoast_head":"\n