Acquisition History / Advantage Partners (AP86) / Nihon Chouzai Co., Ltd.
Advantage Partners (AP86) Acquires Nihon Chouzai Co., Ltd.
Announced August 2025 — $574.4M
What happened
Advantage Partners tendered for Tokyo Prime-listed dispensing pharmacy chain Nihon Chouzai through the vehicle AP86 from 1 August 2025, taking Japan's second-largest pharmacy operator private. The offer completed on 17 September 2025 with consideration of JPY 85.725bn.
- Acquirer
- Advantage Partners (AP86)
- Target
- Nihon Chouzai Co., Ltd.
- Announced
- August 2025
- Price
- $574.4M
- Industry
- Dispensing pharmacy chain
- Buyer type
- Private equity
- Fund vehicle
- AP86
- Backing investors
- Advantage Partners
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Advantage Partners (AP86) acquire Nihon Chouzai Co., Ltd.?
Advantage Partners (AP86) acquired Nihon Chouzai Co., Ltd. on August 2025. This was Advantage Partners (AP86)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Advantage Partners (AP86) pay for Nihon Chouzai Co., Ltd.?
Advantage Partners (AP86) paid $574.4M for Nihon Chouzai Co., Ltd..
What does Nihon Chouzai Co., Ltd. do?
Advantage Partners tendered for Tokyo Prime-listed dispensing pharmacy chain Nihon Chouzai through the vehicle AP86 from 1 August 2025, taking Japan's second-largest pharmacy operator private. The offer completed on 17 September 2025 with consideration of JPY 85.725bn.
What other Dispensing pharmacy chain companies has Advantage Partners (AP86) acquired?
Nihon Chouzai Co., Ltd. is Advantage Partners (AP86)'s only publicly tracked acquisition in Dispensing pharmacy chain so far.