Acquisition History / The Carlyle Group / Kaonavi Inc.

The Carlyle Group Acquires Kaonavi Inc.

Announced February 13, 2025 — $325M

The Carlyle GroupHR software2025

What happened

Kaonavi is a Tokyo-listed provider of cloud-based human resources management systems. Carlyle announced a tender offer to acquire all of the company in a deal worth about ¥50B.

Acquirer
The Carlyle Group
Target
Kaonavi Inc.
Announced
February 13, 2025
Price
$325M
Industry
HR software
Buyer type
Private equity
Backing investors
The Carlyle Group
Status
Announced, not yet closed

By the numbers

The Carlyle Group's acquisition history
1st of 2 tracked deals
Disclosed prices
2 of 2 The Carlyle Group deals
The Carlyle Group's average disclosed price
$467.5M
The Carlyle Group's largest disclosed deal
Orix scaffolding rental subsidiary ($610M)
Tracked acquisitions in 2025
503 across all acquirers
The Carlyle Group in HR software
1 acquisition

Frequently Asked Questions About This Acquisition

When did The Carlyle Group acquire Kaonavi Inc.?

The Carlyle Group acquired Kaonavi Inc. on February 13, 2025. This was The Carlyle Group's 1st publicly tracked acquisition out of 2 we have on record.

How much did The Carlyle Group pay for Kaonavi Inc.?

The Carlyle Group paid $325M for Kaonavi Inc..

What does Kaonavi Inc. do?

Kaonavi is a Tokyo-listed provider of cloud-based human resources management systems. Carlyle announced a tender offer to acquire all of the company in a deal worth about ¥50B.

What other HR software companies has The Carlyle Group acquired?

Kaonavi Inc. is The Carlyle Group's only publicly tracked acquisition in HR software so far.

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