KKR - KKR to acquire software developer Yayoi from Orix
KKR (NYSE:KKR) has signed an agreement under which it will acquire Yayoi Co., Ltd., a software developer, distributor, and support service provider for small- and medium-sized enterprises (“SMEs”) in Japan from Orix (NYSE:IX). Further details of the investment have not been disclosed. The transaction is expected to be completed on March 1st, 2022. “By welcoming KKR as a new shareholder, Yayoi is even better enabled to provide further value beyond our current framework of providing business software,” said Koichiro Okamoto, Yayoi CEO & President added. Also recently, KKR acquired industrial distribution campus in Pennsylvania.
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KKR to acquire software developer Yayoi from Orix