Amazon Papyrus is a leading specialty chemical and process solutions provider to the pulp and paper industry in Asia. Amazon Papyrus is headquartered in Hong Kong, with regional presence across Asia, including Mainland China, Taiwan, Malaysia, Thailand and India, and with its Thailand and India locations encompassing production facilities.
Founder Succession. Longreach acquired a majority stake in Amazon Papyrus in June 2021 from Navis Capital Partners, founders and management, with the founders and management retaining a significant minority stake.
Established in 1965, Chat Noir Company (“Chat Noir”) is one of the leading coffee shop chains in Japan. Chat Noir is a well-known and positioned brand, operating more than 190 stores (at the acquisition) across Japan mainly under the brand “Caffè Veloce”, a self-service style café. Integrating with Kohikan, Chat Noir became C-United in April 2021.
Founder Succession. Longreach acquired 100% of Chat Noir from the founder family, negotiated through a control buyout in February 2020.
Quasar Engineering (“Quasar”) is a contract development and manufacturing organization (“CDMO”) for the medical device industry, servicing leading global OEMs such as Johnson & Johnson and Medtronic, specializing in the assembly of complex minimally invasive components and devices across therapeutic areas, with focus on the cardiology space. Quasar is headquartered in Hong Kong, with assembly facilities in China, Thailand, and Singapore and R&D resources in Israel.
Founder Succession. Longreach acquired a majority stake in Quasar in 2019 from the founding family, with the founders retaining a significant minority stake.
Founded in September 1998, Cybird is a pioneer mobile content provider which successfully expanded into developing and delivering popular mobile game contents, mainly targeting a female user base, along with expansion via its commerce businesses into cosmetics and health food products.
Founder Succession and Going Private & Management Partnership. Going private through tender offer ("TOB") process and management partnership with the founder CEO. Longreach owned 91.9% while the founder CEO owned 8.1%.
Founded as a joint venture between McDonald’s Corporation and Den Fujita in 1971. Japan’s largest fast food restaurant chain with JPY 395 bn of revenues and over 3,700 stores, publicly listed at c. JPY 300bn market cap in July 2005, when business restructuring was in process under the new CEO to improve low growth and margins. Then owned by the McDonald’s Corporation (49.99%), Fujita family (26.91%) and public shareholders (23.10%).
Founder Succession and Cross Cultural Solutions. Fujita family seeking exit but their shares represented 18 months trading volume - highly illiquid stock with high valuation. McDonald’s Corporation wished to facilitate the Fujita exit while keeping the McDonald’s Japan turnaround focus on track. Control buyout impossible given McDonald’s strategic shareholding requirement, and vanilla equity investment impossible given high valuation and lack of liquidity. Through exclusive negotiations with McDonald’s and the Fujita family, Longreach developed a unique structured minority investment approach that solved for the deal constraints and generated high returns, enabling the investment in July 2005.