FILE PHOTO: An elderly woman walks in Akita, Akita prefecture, northern Japan June 23, 2018. REUTERS/Kiyoshi Takenaka/File Photo
25 Jun 2026 04:30PM
(Updated: 25 Jun 2026 10:06PM)
TOKYO, June 25 : Asia-focused buyout firm MBK Partners said on Thursday it had agreed to sell elderly care service provider Japan Well-being to U.S. private equity firm Advent International for an undisclosed amount.• A person with knowledge said the deal value would total about 200 billion yen ($1.24 billion) including debt.• Japan Well-being owns Tsukui and Soyokaze, which together form one of Japan's largest home-care networks.• MBK Partners had acquired Tsukui in 2021, later establishing Japan Well-being as a holding company for Tsukui and Soyokaze.
• Advent has a global track record of investments in pharmaceuticals, healthcare technology and nursing care services, MBK Partners said.• Japan's rapidly ageing population makes elder care a high-growth market, MBK Partners said.($1 = 161.8100 yen)
