Acquisition History / Goldman Sachs (Marcian Holdings) / Nihon Houzing Co., Ltd.
Goldman Sachs (Marcian Holdings) Acquires Nihon Houzing Co., Ltd.
Announced May 23, 2024 — $499.1M
What happened
Building management company Nihon Houzing announced a management buyout on 23 May 2024 using Marcian Holdings, a vehicle backed by Goldman Sachs, to take the Tokyo Standard-listed company private. The tender offer completed on 21 June 2024 with 97.54% held. Total consideration was JPY 74.498bn.
- Acquirer
- Goldman Sachs (Marcian Holdings)
- Target
- Nihon Houzing Co., Ltd.
- Announced
- May 23, 2024
- Price
- $499.1M
- Industry
- Condominium and building management
- Buyer type
- Private equity
- Fund vehicle
- Marcian Holdings
- Backing investors
- Goldman Sachs
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Goldman Sachs (Marcian Holdings) acquire Nihon Houzing Co., Ltd.?
Goldman Sachs (Marcian Holdings) acquired Nihon Houzing Co., Ltd. on May 23, 2024. This was Goldman Sachs (Marcian Holdings)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Goldman Sachs (Marcian Holdings) pay for Nihon Houzing Co., Ltd.?
Goldman Sachs (Marcian Holdings) paid $499.1M for Nihon Houzing Co., Ltd..
What does Nihon Houzing Co., Ltd. do?
Building management company Nihon Houzing announced a management buyout on 23 May 2024 using Marcian Holdings, a vehicle backed by Goldman Sachs, to take the Tokyo Standard-listed company private. The tender offer completed on 21 June 2024 with 97.54% held. Total consideration was JPY 74.498bn.
What other Condominium and building management companies has Goldman Sachs (Marcian Holdings) acquired?
Nihon Houzing Co., Ltd. is Goldman Sachs (Marcian Holdings)'s only publicly tracked acquisition in Condominium and building management so far.