Simpson Thacher advised KKR in connection with its acquisition of Hoken Minaoshi Hompo Group, Inc., from investment funds serviced by Advantage Partners, a Japanese private equity sponsor.
Hoken Minaoshi Hompo Group is a leading insurance distributor in Japan, with an omnichannel presence including in-store services, call centers, and online. The company’s flagship brand, Hoken Minaoshi Hompo, offers in-store services at around 350 strategic retail locations across Japan, and offers a wide range of insurance products from more than 40 insurance companies.
The Simpson Thacher team for the transaction included Jonathan Stradling, Noritaka Kumamoto and Daisuke Ueta (M&A); Makiko Harunari, Atsushi Usui, Chenyu Cui and Zhendong Xu (Credit); Etienne Renaudeau and Pauline Patat (Antitrust); and Meredith Jones and Andrew Mandelbaum (Tax).