<article>Alternative asset investment firm <a href="https://www.dealstreetasia.com/stories/clsa-capital-japan-contact-lens-el-dorado-75634/" target="_blank" rel="noopener">CLSA Capital Partners</a>-backed Japanese school operator KK BC Ings has acquired a fellow Japanese medical school preparation school Aksaka Gakuin in a bolt-on acquisition.</article>

Alternative asset investment firm <a href="https://www.dealstreetasia.com/stories/clsa-capital-japan-contact-lens-el-dorado-75634/" target="_blank" rel="noopener">CLSA Capital Partners</a>-backed Japanese school operator KK BC Ings has acquired a fellow Japanese medical school preparation school Aksaka Gakuin in a bolt-on acquisition.
The financial terms of the deal were not disclosed.
BC Ings, in which CLSA Capital&#8217;s Japan dedicated private equity strategy <a href="https://www.dealstreetasia.com/stories/sunrise-capital-iii-clsa-capital-partners-72075/" target="_blank" rel="noopener">Sunrise Capital II </a>invested in May 2016, acquired a 100 per cent stake in Aksaka Gakuin. Sunrise II has been the majority shareholder of BC Ings since its investment, CLSA said in a statement on Thursday. The latest move will see both the companies integrating and leveraging managerial resources and developing educational services.
Sunrise Capital II, which focuses on investments in established mid-cap companies in Japan, is a $210 million-fund that had closed in 2014 with commitments from investors from US, Europe and Japan. CLSA Capital Partners is the alternative asset-management arm of Hong Kong-headquartered CLSA and has more than $3 billion under management and offices across the region, including Hong Kong, Singapore and Tokyo.
Portfolio company BC Ings, which is headquartered in Japan’s Hiroshima prefecture, claims to be a leading regional cram school operating company. Akasaka Gakuin is a regional cram school operator headquartered in the Fukuoka prefecture which mainly targets students preparing for medical school admissions.
&#8220;BC Ings will pursue the continuous growth of Akasaka Gakuin while integrating and leveraging managerial resources and further developing educational services,&#8221; said the statement.
There will be no material change to the company’s current business operations and the President and CEO of Akasaka Gakuin, Yuko Osa, will continue to be involved in the company’s management. Moreover, Akasaka Gakuin will maintain its company name and brand name.
Earlier in June, the Japan-focused vehicle Sunrise Capital II invested in Japan-headquartered El Dorado Ltd, Lcode Ltd, and Hong Kong-headquartered CANDY MAGIC International Limited, part of the El Dorado Group that specialises in the design, manufacture and sales of beauty contact lenses,
Following the success of Sunrise Capital’s second fund, Sunrise Capital III closed at a hard cap of $400 million after being oversubscribed.
Also Read:
<a href="https://www.dealstreetasia.com/stories/40808-40808/">CLSA Capital Partners invests in Japanese education biz BC Holdings</a>
<a href="https://www.dealstreetasia.com/stories/sunrise-capital-iii-clsa-capital-partners-72075/">Japan: CLSA Partners closes Sunrise Capital III at hard cap of $400m</a>
<a href="https://www.dealstreetasia.com/stories/clsa-capital-japan-contact-lens-el-dorado-75634/">CLSA Capital Partners invests in Japanese contact lens firm El Dorado</a>

CLSA Capital Partners-backed Japanese school operator KK BC Ings has acquired medical school preparation school Aksaka Gakuin in a bolt-on acquisition.

CLSA Capital-backed Japanese school operator BC Ings acquires Akasaka Gakuin

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CLSA Capital-backed Japanese school operator BC Ings acquires Akasaka Gakuin

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