Acquisition History / EQT (Bloom 1) / Benesse Holdings, Inc.
EQT (Bloom 1) Acquires Benesse Holdings, Inc.
Announced January 30, 2024 — $1.18B
What happened
Benesse Holdings, the Tokyo Prime-listed education and elderly-care group, announced a management buyout on 30 January 2024 carried out through Bloom 1, a vehicle set up by Swedish private equity firm EQT. The tender offer closed successfully on 5 March 2024 with Bloom 1 holding 87.31%. Consideration paid was JPY 176.119bn.
- Acquirer
- EQT (Bloom 1)
- Target
- Benesse Holdings, Inc.
- Announced
- January 30, 2024
- Price
- $1.18B
- Industry
- Education and nursing care services
- Buyer type
- Private equity
- Fund vehicle
- Bloom 1
- Backing investors
- EQT
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did EQT (Bloom 1) acquire Benesse Holdings, Inc.?
EQT (Bloom 1) acquired Benesse Holdings, Inc. on January 30, 2024. This was EQT (Bloom 1)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did EQT (Bloom 1) pay for Benesse Holdings, Inc.?
EQT (Bloom 1) paid $1.18B for Benesse Holdings, Inc..
What does Benesse Holdings, Inc. do?
Benesse Holdings, the Tokyo Prime-listed education and elderly-care group, announced a management buyout on 30 January 2024 carried out through Bloom 1, a vehicle set up by Swedish private equity firm EQT. The tender offer closed successfully on 5 March 2024 with Bloom 1 holding 87.31%. Consideration paid was JPY 176.119bn.
What other Education and nursing care services companies has EQT (Bloom 1) acquired?
Benesse Holdings, Inc. is EQT (Bloom 1)'s only publicly tracked acquisition in Education and nursing care services so far.