Private Equity in Japan: Sunrise Capital Ⅲ acquires Ecolo Holdings Co., Ltd.
Dec 25, 2018
byInvestment in Japan
Private Equity in Japan
Tokyo – Friday, 21 December 2018 – CLSA Capital Partners, the asset management business of CLSA, is pleased to announce that Sunrise Capital III (“Sunrise III”) has acquired Ecolo Holdings Co., Ltd. (“Ecolocity” or “Company”), a leading nationwide full-service coin parking lot operator predominantly operating through its subsidiaries such as Ecolocity K.K. The transaction was completed on Wednesday, 19 December 2018. Sunrise III is a CLSA Capital Partners fund that invests in established, mid-cap companies with strong growth potential in Japan.